Coinbase Global, the largest crypto exchange in the U.S., has expanded its support to include Ripple (XRP) and Litecoin (LTC) on its futures markets. However, this feature is exclusively available to institutional investors.

Following the announcement of this addition, Litecoin experienced a 5% increase in price, while Ripple saw a 2% rise. This move comes after Coinbase relisted Ripple following a lawsuit from the Securities and Exchange Commission (SEC).

Coinbase exchange’s decision to list XRP and LTC on its futures markets demonstrates further support for these cryptocurrencies. The company has clarified that despite the new listings, individual investors will not have access to trade in the XRP and LTC futures markets.

Coinbase Global continues to support the growth of the cryptocurrency market, with this latest move indicating a potential future for other cryptocurrencies on its platform.