XRP has been integrated into a regulated derivatives framework, marking a significant compliance milestone. Despite a 34% price decline in Q4 2025 to $1.87, XRP experienced a $10 billion inflow into ETFs over 21 days. Ripple has also secured conditional approval for a banking license, indicating growing institutional acceptance. Regulatory filings reveal that institutions are now treating XRP as a regulated asset, with its inclusion in securities frameworks and 5x leveraged products highlighting its compliance readiness. The derivatives-first strategy focuses on futures and swaps, with CME XRP futures reaching $26 billion in notional volume in October. This development aligns with the finalization of risk and compliance frameworks, including measures to counter the financing of terrorism.