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Coinbase Adds Solana and Hedera Futures as SEC Reviews ETF Applications
The post Coinbase Adds Solana and Hedera Futures as SEC Reviews ETF Applications appeared on BitcoinEthereumNews.com. TLDR Coinbase has launched CFTC-regulated futures contracts for Solana and Hedera, bringing their total futures offerings to 19 assets Multiple companies have submitted applications for spot crypto ETFs, including for Dogecoin, XRP, and Solana The SEC’s new leadership under Trump administration is reconsidering its approach to digital assets regulation The SEC lawsuit against Coinbase regarding Solana’s classification has been frozen pending higher court review The necessity of regulated futures markets for ETF approval may change under new SEC policies Coinbase has expanded its derivatives exchange offerings to include futures contracts for Solana (SOL) and Hedera (HBAR). The addition brings the total number of assets available for futures trading on the platform to 19, including other cryptocurrencies like Dogecoin and Litecoin, as well as gold. The launch comes at a time when both crypto companies and traditional financial firms are racing to meet growing demand for crypto investment products. The move follows recent approvals of spot Bitcoin and Ethereum ETFs in the United States, marking a shift in the regulatory environment. The CFTC-regulated futures contracts arrive as various fund managers submit applications for spot crypto ETFs beyond Bitcoin and Ethereum. These applications cover a range of cryptocurrencies, from established tokens like Solana and XRP to meme-inspired assets like Dogecoin. The Securities and Exchange Commission has begun reviewing applications for Solana ETFs. While the agency can extend its review period up to 240 days, the initial evaluation phase lasts 21 days, suggesting preliminary decisions could emerge as soon as next month. The timing of Coinbase’s futures launch intersects with evolving regulatory dynamics. Previously, the SEC under former Chair Gary Gensler had filed a lawsuit against Coinbase, claiming that Solana and other cryptocurrencies traded on its platform should be classified as securities subject to SEC oversight. However, the regulatory landscape has shifted with…
The post Coinbase Adds Solana and Hedera Futures as SEC Reviews ETF Applications appeared on BitcoinEthereumNews.com.
TLDR Coinbase has launched CFTC-regulated futures contracts for Solana and Hedera, bringing their total futures offerings to 19 assets Multiple companies have submitted applications for spot crypto ETFs, including for Dogecoin, XRP, and Solana The SEC’s new leadership under Trump administration is reconsidering its approach to digital assets regulation The SEC lawsuit against Coinbase regarding Solana’s classification has been frozen pending higher court review The necessity of regulated futures markets for ETF approval may change under new SEC policies Coinbase has expanded its derivatives exchange offerings to include futures contracts for Solana (SOL) and Hedera (HBAR). The addition brings the total number of assets available for futures trading on the platform to 19, including other cryptocurrencies like Dogecoin and Litecoin, as well as gold. The launch comes at a time when both crypto companies and traditional financial firms are racing to meet growing demand for crypto investment products. The move follows recent approvals of spot Bitcoin and Ethereum ETFs in the United States, marking a shift in the regulatory environment. The CFTC-regulated futures contracts arrive as various fund managers submit applications for spot crypto ETFs beyond Bitcoin and Ethereum. These applications cover a range of cryptocurrencies, from established tokens like Solana and XRP to meme-inspired assets like Dogecoin. The Securities and Exchange Commission has begun reviewing applications for Solana ETFs. While the agency can extend its review period up to 240 days, the initial evaluation phase lasts 21 days, suggesting preliminary decisions could emerge as soon as next month. The timing of Coinbase’s futures launch intersects with evolving regulatory dynamics. Previously, the SEC under former Chair Gary Gensler had filed a lawsuit against Coinbase, claiming that Solana and other cryptocurrencies traded on its platform should be classified as securities subject to SEC oversight. However, the regulatory landscape has shifted with…
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