- The first XRP futures approved by the US stock exchange supervision CFTC can be acted legally safe thanks to clear regulation.
- The withdrawal of Bitnomial’s complaint against the SEC also marks a positive change in the regulatory environment of XRP.
According to the new XRP Futures Contracts of Bitnomial-CNF, the initiative initially aimed to strengthen market trust. The exchange based in Chicago for derivatives for digital assets, bitnomial, has introduced the first XRP futures contracts that are regulated by the US Commodity Futures Trading Commission (CFTC). Bitnomial tweeted:
“Bitnomial starts the first CFTC regulated $ XRP futures in the USA-physically handled and with a real market effect. In addition, we have voluntarily withdrawn our lawsuit against the SEC because the regulatory clarity increases.”
XRP futures are here!
Bitnomial is launching the first-ever CFTC-regulated $XRP futures in the U.S. — physically settled for real market impact. Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves. pic.twitter.com/ARkSanjFNU
– essential (@bitnomial) March 19, 2025
Bitnomial: increasing institutional demand?
According to reports, the XRP futures contracts of Bitnomial, approved by the CFTC, represent an important milestone on the market for crypto derivatives. These contracts are physically handled, which means that they are delivered at the expiry of XRP tokens-which they differentiate from cash, which do not directly include the basic value.
The introduction of these regulated futures contracts offers institutional and private investors a new way to get involved in XRP, which could increase liquidity and market depth for digital asset.
At the same time as the introduction, Bitnomial announced the withdrawal of his lawsuit against the US stock exchange supervisory authority (Securities and Exchange Commission, SEC). The stock exchange had submitted the lawsuit in October 2024 and accused the SEC to exceed its responsibility by wanting to classify XRP futures as securities.
The decision to withdraw the lawsuit is in line with the latest developments, in particular the decision of the SEC, to drop her lawsuit against Ripple, the company behind XRP. This sequence of events was regarded as a resounding victory for Ripple and contributed to a cheaper regulatory environment for XRP.
Effect on institutional acceptance and market dynamics
The introduction of CFTC-regulated XRP futures through Bitnomial should have several important effects. First, regulated futures contracts could attract more institutional investors and increase market maturity and stability.
Second, increased liquidity and trade activity could lead to a more precise pricing and lower market volatility. Thirdly, the availability of physically handled on -the -artifices could increase market transparency and the trust of institutional and private investors.
According to a recently published CNF report, the Bitnomial platform was launched with $ 25 million of ripple support, which underlines the strategic orientation between the stock exchange and the XRP system. XRP is currently trading at $ 2.46 and has increased by 7.52 % in the past few days and 10.31 % in the past week.
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