- Bitnomial has introduced a CFTC-regulated XRP-Future product in the USA with physical processing.
- Ripple indirectly supports the step of Bitnomial and holds 42% of the total XRP offer.
Essential marketed Officially the first XRP Futures product that is directly regulated by the Commodity Futures Trading Commission (CFTC). This is not only a question of legality, but also an indication that XRP begins to gain a foothold in the derivation area, which was previously dominated by Bitcoin and Ethereum.
And We’re Live
Bitnomial’s physically settled XRP/USD futures are now trading. Trade with real asset delivery, stronger price discovery, and full CFTC regulatory compliance.
Contract Specs and More: https://t.co/5medLQuC3C
Read: https://t.co/4prl7nCsIG pic.twitter.com/NahTjw8rtB
– essential (@bitnomial) March 20, 2025
What makes this product even more interesting is the billing method: not in the form of cash, but through direct delivery of XRP token. If it is due, you get real XRP. You can imagine it like buying a rice contract, but in the end you really get the sack of rice and not the spa value in money.
Bitnomial’s legal dispute ends – away for futures is free
Bitnomial had a struggle with the US Securities and Exchange Commission (SEC) in the past regarding the intended introduction of this product.
In October 2024 they even filed a lawsuit. But Bitnomial immediately dropped the lawsuit when the SEC decided to withdraw its lawsuit against Ripple. Perhaps because they thought that the fight did not have to be continued, or maybe because the wind had started to blow in a friendlier direction.
For dealers, this phase also offered new hope. Because XRP can now be purchased via well -regulated concepts. This means that both institutional and private investors can begin to play according to precise rules, and thus go beyond pure happiness or the mere dependence on the market mood.
Ripple finances the future and defends the past
Looking back, Bitnomial has been preparing for it for a long time. CNF reported in October last year that they started in the USA Botanical, a platform for eternal futures. Fascinatingly, $ 25 million were donated to this project; Ripple himself was the one who drove the financing. So Ripple continues to stir the advertising drum behind the scenes, even if the name is not ripple futures.
In addition, Ripple’s sales approach has recently caused discussions not only on legal questions, but also in other areas. The CEO of Ripple, Brad Garlinghouse, was questioned because of the too frequent and excessive XRP sales.
“We are criticized for having too much XRP, but we are also criticized for selling it,” he replied in a somewhat annoyed tone. It is a mixed bag. However, one thing is obvious: Ripple still holds about 42 % of all available XRP.
XRP ETF hopes increase with increasing legal certainty
A more motivating signal has appeared in the middle of all this dynamic. Brad Garlinghouse discussed the prospect of an XRP ETF opening before the end of the year, as CNF before reportedthat the SEC withdrew its lawsuit. Although the exact date is not known, the explanation has adequately increased the market expectations.
Fascinatingly, he also emphasized the view of an IPO of Ripple, but quickly pointed out that this was not a main concern at the moment. It could be that Ripple still wants to wait and see how much space is available after all legal matters have been fully clarified.
At the time of the creation of this article, XRP is traded at around $ 2.39, a minus of 2.26 % in the last 24 hours and a sideways movement in the last 30 days.
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