Coinbase, a popular cryptocurrency exchange, announced that its derivatives arm now offers futures contracts for 19 assets, including Dogecoin, Litecoin, and gold. This move comes as part of a larger trend in the industry as companies like Solana, Hedera, Dogecoin, and Litecoin seek to meet the increasing demand for crypto investment products. These companies have also been submitting applications for spot crypto exchange-traded funds (ETFs). The Securities and Exchange Commission (SEC) is currently reviewing applications for Solana ETFs, which could expand investment options beyond Bitcoin and Ethereum. The SEC's decision may be influenced by Coinbase's regulated futures products for Solana, as the presence of a regulated futures market has been a factor in approving other crypto-based ETFs. The SEC's approach to crypto is shifting under new leadership, and it's possible that a regulated futures market may not be necessary for launching new tokens in the future.



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