Overview
- On Oct. 30, Webull listed futures for Dogecoin, Solana, XRP, Litecoin, Nano XRP and Nano Solana via its Coinbase Derivatives partnership.
- The contracts are available to U.S. retail on the Coinbase Derivatives Exchange with nano-sized contracts and intraday margin to lower capital needs.
- Anthony Denier said recent futures volume growth is skewed toward institutions, with rising participation from APAC retail traders.
- He cited breakouts in Bitcoin and Ethereum, new product rollouts, and improvements in clearing and risk systems as key catalysts for altcoin futures activity.
- Webull expects institutional use of regulated futures to remain the main demand driver, pointing to Coinbase’s derivatives push and its acquisition of Deribit.