A New Era Begins: CFTC Approves Spot Bitcoin On Regulated US Markets
Regulators in Washington on Thursday cleared a serious step that lets Americans commerce spot Bitcoin and different cryptocurrencies on federally registered exchanges for the primary time.
According to the Commodity Futures Trading Commission, listed spot crypto merchandise might now be offered on exchanges registered with the company, a transfer introduced on December 4, 2025.
Regulated Spot Trading Begins
The motion comes from a CFTC press release labeled Release No. 9145-25 and that the change permits spot crypto contracts to be listed on futures exchanges which are registered with the CFTC.
The regulator mentioned its guidelines now allow such listings to commerce below the oversight and surveillance requirements these exchanges already comply with.
.@CFTCpham Announces First-Ever Listed Spot Crypto Trading on U.S. Regulated Exchanges: https://t.co/89Mx6f0ss4
— CFTC (@CFTC) December 4, 2025
Bitnomial Leads The Way
Bitnomial, a Chicago-based derivatives alternate, is ready to be the primary alternate to listing such merchandise, with plans to supply each leveraged and non-leveraged spot buying and selling on its platform.
Market notices and statements present Bitnomial moved rapidly to make use of the brand new framework, saying a launch and filings that place it as the primary US venue to commerce listed spot crypto below CFTC guidelines.
What This Means For Investors
According to market commentators and reporting, the shift brings spot trades below long-standing market protections like clearing, surveillance and execution guidelines that apply to different listed merchandise.
That could make some institutional gamers and massive funds extra prepared to commerce onshore. At the identical time, regulators say that is meant to tug exercise away from unregulated offshore venues and enhance market oversight.
Acting Chairman Caroline Pham mentioned the transfer is supposed to strengthen the US position within the crypto market whereas giving merchants entry to safer and extra clear buying and selling venues.
Risks Remain
Reports have disclosed that the change doesn’t take away the underlying dangers of crypto: costs can swing extensively, and no regulatory transfer can cease market volatility.
Also, solely exchanges that search and procure the correct CFTC registration will have the ability to use this route, so most offshore platforms stay exterior US oversight for now.
Next Steps
Observers might be watching whether or not different US exchanges comply with Bitnomial, what number of retail traders acquire entry, and the way the SEC responds on parallel points equivalent to token classification and custody guidelines.
The CFTC had flagged this pathway in August as a part of a broader initiative to permit listed spot crypto buying and selling, and businesses have since coordinated on steerage and public engagement.
The CFTC’s Acting Chairman mentioned this brings spot crypto buying and selling right into a regulated setting Americans can belief, and that exchanges with the suitable protections can now listing these merchandise.
This improvement is a part of a months-long coverage push by the administration to create clearer guidelines for digital belongings.
Featured picture from Barron’s, chart from TradingView
