Coinbase在获得CFTC监管批准后启动XRP期货合约

Coinbase是美国最大的加密交易所，获得了CFTC（商品期货交易委员会）的监管批准，以通过其衍生工具部门启动XRP期货合约。

Coinbase, the largest US-based crypto exchange, has received regulatory approval from the Commodity Futures Trading Commission (CFTC) to launch XRP futures.

Coinbase是美国最大的加密交易所，已获得商品期货交易委员会（CFTC）的监管机构批准，以启动XRP期货。

Coinbase announced its intention to bring regulated XRP futures to market earlier in the month, filing for the offering with the CFTC. The US-based exchange filed to self-certify the product.

Coinbase宣布打算在本月初将受监管的XRP期货带入市场，并向CFTC申请。美国的交易所提出了自我认证。

“We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures—bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” Coinbase stated in an earlier announcement.

Coinbase在较早的公告中说：“我们很高兴地宣布，Coinbase衍生工具已向CFTC提出了自我认证的XRP期货，这是一种受监管的，有效的资本效率方法，以获取最流动的数字资产之一。”

The firm anticipated the contract going live on Saturday, April 21. During the late hours of the US session on Monday, Coinbase confirmed in a follow-up post that the product was live.

该公司预计该合同将于4月21日星期六进行。在周一的美国会议上，Coinbase在后续帖子中证实，该产品已直播。

“Coinbase Derivatives, LLC now offers CFTC-regulated futures for XRP,” the exchange stated.

交易所表示：“ Coinbase Verivatives，LLC现在为XRP提供CFTC调节的期货。”

This approval suggests a timely endorsement by the CFTC, potentially opening the door to broader crypto derivatives activity in the US.

该批准表明，CFTC及时认可，有可能打开美国更广泛的加密衍生品活动的大门。

Earlier this month, the agency pivoted toward easing entry into the crypto derivatives sector. The CFTC rolled back several regulatory hurdles that had previously deterred traditional and crypto-native firms.

本月早些时候，该机构朝着放松加密衍生品领域的重点。 CFTC撤回了几个以前阻止传统和加密本地公司的监管障碍。

“As stated in today’s withdrawal letter, DCR [Division of Clearing and Risk] determined to withdraw the advisory to ensure that it does not suggest that its regulatory treatment of digital asset derivatives will vary from its treatment of other products,” the CFTC explained.

CFTC解释说：“正如今天的撤回信中所述，DCR（清算和风险的划分）决定撤回该咨​​询，以确保其不建议其对数字资产衍生品的监管处理将因其对其他产品的处理而有所不同。”

The changes simplify registration requirements and lower operational barriers for launching crypto derivatives products.

这些更改简化了注册要求和较低的操作障碍，以推出加密衍生产品产品。

With XRP historically maintaining high liquidity and a global user base, it stands as a strong candidate for derivatives trading, especially in a newly liberalized environment.

由于XRP历史上保持高流动性和全球用户群，它是衍生品交易的有力候选人，尤其是在新自由化的环境中。

Unlike more volatile mid-cap tokens, XRP boasts a combination of legal clarity following the Ripple lawsuit outcome, broad exchange availability, and a sizable market cap—elements attractive to institutional traders seeking capital-efficient exposure.

与更加动荡的中型代币代币不同，XRP在连锁诉讼结果，广泛的交换可用性和相当大的市值之后，具有法律清晰度的结合，这对寻求资本效率敞口的机构交易者有吸引力。

Moreover, recent on-chain data showcases a sharp uptick in XRP network activity, further bolstering the case for futures. Data from on-chain analytics firm Glassnode shows that XRP active addresses surged by 67.5% between April 19 and 20, ahead of Coinbase Derivatives’ XRP futures debut, climbing from 27,352 to 40,366.

此外，最近的链链数据显示了XRP网络活动的急剧上升，进一步加强了期货的案例。来自链分析公司玻璃节的数据表明，在4月19日至20日之间，XRP Active地址飙升了67.5％，紧随Coinbase衍生产品的XRP期货首次亮相，从27,352升至40,366。

The spike suggests growing engagement from retail and institutional participants, possibly in anticipation of expanded market access through derivatives.

尖峰表明，零售和机构参与者的参与度不断提高，这可能会预期通过衍生品扩展的市场获取。

Still, market sentiment around XRP remains mixed. Despite the regulatory milestone, XRP’s spot price has declined 1.26% in the past 24 hours, according to industry data aggregator CoinGecko. This decline suggests that while futures listings can enhance liquidity and price discovery over time, short-term price action often diverges from structural developments.

尽管如此，XRP周围的市场情绪仍然混乱。根据行业数据聚合商Coingecko的数据，尽管有监管里程碑，但XRP的现货价格在过去24小时内下跌了1.26％。这种下降表明，尽管期货上市可以随着时间的流逝增强流动性和价格发现，但短期价格行动通常与结构性发展相差。