Crypto Exchange Bitnomial has announced the launch of the first-ever CFTC-regulated XRP futures contract in the U.S., a product that it began working on as far back as October 2024.
Bitnomial posted on X saying that its physically settled XRP futures will be live for existing customers from March 20, 2025. Unlike cash-settled futures, such contracts entail the actual delivery of XRP upon settlement, and this might have implications for market liquidity and price movement.
The announcement comes amid better regulatory clarity, especially in the wake of the U.S. SEC deciding to abandon its appeal in the Ripple lawsuit.
These alliances offer traders access to XRP futures that are regulated. R.J. O’Brien and Associates contribute extensive market knowledge, Marex Capital Markets, Inc. provides institutional quality solutions, and Bitnomial Clearing LLC facilitates smooth transactions within its system.
This announcement comes on the heels of Bitnomial’s voluntary withdrawal of its lawsuit against the SEC, indicating a move toward increased regulatory acceptance of XRP futures trading in the United States. Please note that this is NOT an XRP Futures ETF but an ordinary futures contract.
Also Read: Can XRP Price hit $5 today? The 4 year fight with SEC ends
