Every crypto enthusiast’s dream just got a little closer to reality. Bitnomial is launching the first CFTC-regulated, physically settled XRP futures in the United States on March 20, 2025. This isn’t just another crypto product—it’s a watershed moment after years of regulatory limbo.
The road here wasn’t smooth. Bitnomial actually sued the SEC in October 2024 when the agency initially blocked the XRP futures listing. But things changed fast. Improved regulatory clarity led Bitnomial to voluntarily dismiss its lawsuit, especially after the SEC dropped its appeal against the landmark Ripple ruling. Talk about a 180-degree turn.
XRP’s price jumped 12% on the announcement, trading at $2.53 with a market cap exceeding $148 billion. That makes it the third-largest cryptocurrency by market value. Not too shabby for a token once labeled a “security” by regulators.
XRP’s stunning 12% surge proves how far this once-vilified “security” has come, now standing tall as crypto’s third-largest player.
The technical picture looks interesting too. XRP sits in a downward-sloping regression channel with resistance between $2.60 and $2.89. But it’s hovering above its 50 EMA and near three-week highs. Key support? $2.00, with a backup at $1.80 if things get ugly.
Bitnomial isn’t new to the futures game. They’ve already launched contracts for ETH, LTC, SOL, and AVAX. Their Botanical platform will offer these physically settled XRP futures, matching traditional finance methods. The physically settled futures allow traders to take delivery of actual XRP tokens at contract expiration rather than cash settlements. The launch comes after the SEC lawsuit conclusion provided the regulatory clarity needed for this groundbreaking product. Current Bitnomial clients can access these through FCM partners like R.J. O’Brien and Marex Capital Markets.
The bigger picture? This could pave the way for an XRP ETF. There are 11 filings pending with the SEC, and Ripple’s CEO expects approval in the second half of 2025. Not guaranteed, but the odds look better than they did last year.
Let’s be real. After years of SEC crackdowns, this futures approval signals a dramatic shift in crypto regulation. Institutional money might finally feel comfortable taking the plunge. For XRP holders who weathered the storm, vindication tastes sweet.
