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**XRP Gets Major Boost as Regulated Futures Debut on Coinbase**
In a significant development for the cryptocurrency market, regulated futures have debuted on Coinbase, providing a major boost to Ripple’s native token, XRP. This move is expected to increase institutional acceptance and contribute to the maturity of the market.
Regulated cryptocurrency futures are considered a crucial step towards the eventual launch of a spot exchange-traded fund (ETF) in the United States. By improving price discovery and reducing market manipulation, these products will provide a more stable and secure environment for investors.
The debut of regulated futures on Coinbase is expected to have a positive impact on XRP’s market capitalization. As the cryptocurrency has now gained significant market depth, it has moved ahead of Solana in the US spot ETF race.
It is worth noting that despite this bullish development, XRP’s price is currently down. According to CoinGecko data, the asset is trading in the red.
The introduction of regulated futures on Coinbase will enable institutions to gain exposure to XRP through a safe and secure platform. This increased institutional acceptance is expected to have a positive impact on the token’s market capitalization.
**About Author**
This article was written by [Author Name], an experienced cryptocurrency journalist and researcher at U.Today.
Source: https://u.today/xrp-gets-major-boost-as-regulated-futures-debut-on-coinbase
