Bitnomial is presenting a CFTC-regulated XRP futures product for the first time in the USA: a new milestone for Ripple and the crypto derivative market

Bitnomial is presenting a CFTC-regulated XRP futures product for the first time in the USA: a new milestone for Ripple and the crypto derivative market

Bitnomial introduces XRP futures with physical processing

Bitnomial has introduced the first regulated futures product for XRP in the USA, which is approved by the Commodity Futures Trading Commission (CFTC). This development is not only legally significant, but also signals that XRP is finally becoming more important in the derivation area, which has traditionally been dominated by Bitcoin and Ethereum.

an innovative approach to processing

An outstanding feature of the XRP Futures product from Bitnomial is physical handling. In contrast to conventional derivatives, which are often billed in cash, the handling takes place here through the direct delivery of XRP token. This means that the trader actually receives XRP when the contract is due, comparable to the purchase of a WARENTMINKONTRAKT, in which the physical goods are delivered instead of a amount of money. This processing method could lead to a stronger pricing and a more realistic trade environment.

The legal hurdles and their overcoming

Bitnomial had to master legal challenges in the past, in particular a dispute with the US Securities and Exchange Commission (SEC) regarding the introduction of the XRP futures. In October 2024, the company submitted a lawsuit, but immediately withdrew it after the SEC dropped its own lawsuit against Ripple. This step opened the way for trading with XRP via regulated concepts, which offers both institutional and private investors the opportunity to rely on more stable market conditions.

ripple: A central player in the background

ripple supports this step of Bitnomial indirectly and holds about 42 % of the total XRP offer. In the past, the company has already provided $ 25 million for the development of a platform for the introduction of long -term futures in the USA. Although Ripple is not directly connected to the XRP futures product, the company remains a driving force in the crypto area.

high expectations of an XRP-ETF

The mood on the market could continue to improve, especially with regard to the possibility of an XRP ETF. CEO Brad Garlinghouse indicated that the prospects for the approval of an ETF have increased before the end of the year, especially after the SEC lawsuit has been withdrawn. This message has fueled the market expectations, even if a possible Ripple IPO is currently not in focus.

FAZIT

Overall, the introduction of the XRP futures of Bitnomial and the supportive role of Ripple shows that XRP is on the way to establish itself as a serious player in the crypto market. With increasing legal clarity and innovative products, the future of XRP could continue to be positive. The current price of XRP is around $ 2.39, which is a decline of 2.26 % in the last 24 hours, while trade has stabilized in the past 30 days.