Bitnomial announced the launch of the first CFTC-regulated XRP futures in the U.S., marking a significant stride in the evolution of the crypto market.
Bitnomial's Launch of the First CFTC XRP Futures
Bitnomial has launched the first-ever CFTC-regulated XRP futures in the U.S., which will be available to existing customers starting March 20, 2025. Unlike cash-settled futures, these contracts require actual delivery of XRP upon settlement.
Physical Delivery and Market Impact
Physically settled futures may impact market liquidity and price volatility. These futures provide traders access to regulated XRP futures through strategic alliances that offer market expertise and institutional solutions, such as R.J. O’Brien and Associates and Marex Capital Markets, Inc.
Regulatory Developments and Future Outlook
The launch comes amid clearer regulatory frameworks after the SEC withdrew its appeal against Ripple. Bitnomial also withdrew its lawsuit against the SEC, indicating a trend towards broader regulatory acceptance for XRP futures trading in the U.S. It is important to note that this is not an XRP Futures ETF but a standard futures contract.
Bitnomial's advancements can potentially open new avenues for the XRP futures market, fostering a safer and more predictable trading environment.
