2025-3-16 00:53 |
In a significant development for the Cardano community, Coinbase has announced the introduction of Cardano (ADA) futures, opening new doors for institutional investors seeking exposure to the crypto asset.
In a statement on Friday, Coinbase Institutional confirmed that its derivatives arm has filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for both Natural Gas (NGS) and Cardano (ADA).
“We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify Natural Gas (NGS) futures and Cardano ($ADA) futures… We anticipate going live with these products on Monday, March 31.,” read the tweet from Coinbase Institutional.
For context, futures allow investors to bet on the future price direction of an underlying asset like ADA without needing to own the asset outright. Coinbase Institutional, a division of the global cryptocurrency exchange, was established to cater to large-scale investors, including hedge funds, asset managers, and corporations.
Over the years, it has expanded its product offerings to include prime brokerage services, staking, and a range of derivative instruments designed to meet the needs of institutional clients. Notably, in the last quarter of 2024, Coinbase Institutional reported a trading volume of $345 billion, accounting for 78% of the platform’s total trades during that period.
One of the most notable milestones for Coinbase Institutional was the launch of the Coinbase Derivatives Exchange, formerly known as FairX, which the company acquired in 2022. This strategic acquisition allowed Coinbase to expand its regulated derivatives offerings, addressing the growing demand for crypto futures and options among institutional investors.
As of 2025, Coinbase Institutional serves thousands of institutional clients and manages billions of dollars in assets. The introduction of ADA futures signals a broader commitment to diversifying its portfolio and reinforcing its position as a leader in institutional crypto adoption.
That said, including ADA futures could catalyze price appreciation, providing institutional investors with a regulated avenue to gain exposure to Cardano. Historically, the introduction of futures contracts for major cryptocurrencies like Bitcoin and Ethereum has led to increased liquidity and price discovery.
Moreover, ADA’s potential for growth has been bolstered by its recent inclusion in a policy directive from former U.S. President Donald Trump. The executive order reportedly acknowledged ADA’s role in decentralized finance (DeFi) and blockchain innovation, positioning it favorably for regulatory clarity and institutional adoption.
On the regulatory front, confidence in ADA’s standing has strengthened following key legal victories. Charges against Coinbase were dismissed in February 2025, followed by a similar outcome for Kraken in March 2025. Meanwhile, the Binance case, where ADA was also targeted, has been put on hold. This comes after the SEC initially classified ADA as an unregistered security in its 2023 lawsuits against Coinbase and Binance.
That said, the launch of ADA futures on Coinbase Derivatives could mark a turning point for Cardano’s institutional adoption positioning ADA for further institutional adoption and price growth in the coming months.
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