Coinbase states it filed with the CFTC to add Trade at Settlement for XRP futures, placing XRP alongside assets such as Bitcoin, Ethereum, gold, and crude oil in settlement-price execution.
Coinbase has filed with the CFTC to activate Trade at Settlement for XRP futures on May 1, 2026. The feature would allow institutional traders to execute large XRP futures orders at the official settlement price, a mechanism commonly used to reduce market impact and align execution with end-of-day benchmarks. The filing places XRP alongside Bitcoin, Ethereum, gold, and crude oil as assets that can be traded using Trade at Settlement in regulated futures markets.