XRP Futures Launch, Bitcoin Investment Endorsement, and Ripple Event Updates
Coinbase Launches XRP Futures
Coinbase Institutional X announced that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures. Scheduled to go live on April 21, 2025, these cash-settled, margined contracts will trade under the symbol XRL, representing 10,000 XRP each. This move positions Coinbase as a key player in offering regulated exposure to XRP, following Bitnomial's similar product launch in March.
Mark Cuban Backs Bitcoin as Top Investment
Billionaire Mark Cuban recently endorsed Bitcoin as a superior investment amid the stock market downturn. In a discussion on X platform, Cuban suggested that while stock buybacks may occur, Bitcoin remains the better choice for investors. His comments hinted at companies adopting Bitcoin accumulation strategies, as seen with Metaplanet in Japan.
Ripple CEO Announces Major Event in June
Ripple CEO Brad Garlinghouse invited the XRP community to the XRPL Apex 2025 event in Singapore, set for June 10-12. The conference will feature prominent speakers, including Garlinghouse, Ripple CTO David Schwartz, and XRPL Commons President David Bchiri. This event promises to be a pivotal gathering for XRP enthusiasts and industry leaders.
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