Coinbase seeks CFTC approval to launch futures contracts for Cardano and Natural Gas, enhancing its offerings and appealing to both crypto and traditional asset traders.

The introduction of ADA futures enables traders to benefit from price movements without needing to own the ADA tokens, facilitating innovative trading strategies.

Following the announcement, the market price of ADA experienced a surge of approximately 2%, rising to 0.75 USD, illustrating positive investor sentiment towards this new offering.