- Cardano (ADA) is now available on Coinbase Derivatives, expanding access for institutional and retail investors.
- ADA’s CFTC approval boosts hopes for a future Cardano ETF, with Grayscale’s proposal under SEC review.
Cardano (ADA) is expanding its reach with a new listing on Coinbase Derivatives, now available to both institutional and retail investors. The U.S. Commodity Futures Trading Commission (CFTC) approved ADA for derivatives trading, paving the way for this development.
This move marks a regulatory milestone for ADA, strengthening its case for future ETF approval.
Coinbase Derivatives Launches ADA Futures for All Traders
Coinbase has officially listed Cardano (ADA) on its derivatives platform, allowing exposure beyond spot trading. This launch followed a CFTC filing dated March 15, which confirmed ADA’s eligibility for regulated derivatives offerings in the U.S. The listing became active just two weeks after the approval.
Coinbase Derivatives, LLC now offers CFTC-regulated futures for Natural Gas and Cardano $ADA . https://t.co/jJc1uE9Nfh
— Coinbase Institutional 🛡️ (@CoinbaseInsto) March 31, 2025
Each Cardano futures contract is set at 1,000 ADA, offering market participants structured access without directly holding the token. This listing supports a broader trading strategy, including margin trading, risk hedging, and price speculation. Retail and institutional traders now have an alternative channel to interact with ADA markets on Coinbase.
As per the filing, this new format meets compliance standards, strengthening the ADA’s standing with U.S. regulators. In March, ADA was also approved as collateral on Coinbase, showing its deeper integration into major exchange frameworks.
CFTC Approval Sets Stage for ETF Consideration
The approval from the CFTC will facilitate Cardano’s listing on Coinbase Derivatives and also establish a regulatory foundation for the asset. This is a critical step for ADA, especially considering its previous struggles with regulators.
Interestingly, this listing could pave the way for future developments, such as the creation of a Cardano ETF. For this to happen, the U.S. Securities and Exchange Commission (SEC) would need to approve a filing.
For instance, Grayscale’s filing was acknowledged by the SEC, marking the start of the review process. Industry observers have pegged the approval odds at around 59%. The ETF decision is expected by August 2025.
ADA’s price currently approaches the $0.76 resistance level. Analysts believe a breakout above this threshold could trigger further movement towards $0.80. While fluctuations continue, Cardano has shown resilience and steady performance in recent sessions.
