TLDRA CFTC filing from Crypto.com described XRP as a crypto asset commodity.The filing was part of an application to certify an XRP Event Contract.The product allows short-term price speculation over 20 minutes or two hours.The CFTC has not officially confirmed XRP’s status as a commodity.The SEC lawsuit against Ripple ended with a ruling that XRP is not a security.A new filing has fueled fresh discussion over XRP’s classification after a community figure claimed the token was officially recognized as a commodity. The claim emerged from a U.S. Commodity Futures Trading Commission (CFTC) document describing XRP as a crypto asset commodity. However, the wording came from a derivatives application and not an official CFTC ruling.XRP Commodity Claims Arise from Crypto.com ApplicationThe document originated from a February 2025 application submitted by Crypto.com to the CFTC for an XRP Event Contract. In the filing, Crypto.com sought to certify its XRP derivative product under existing CFTC regulations. This process mirrored previous certifications for Bitcoin and Ethereum event contracts. MASSIVE: XRP officially listed as a COMMODITY under CFTC Event Contracts! $XRP Commodity (not a security!) Big win for clarity & institutions$XRP just joined the elite club Wall Street is watching pic.twitter.com/YmL6AmDrca— Xaif Crypto| (@Xaif_Crypto) August 7, 2025The approved product launched on February 14 and allowed short-term speculation on XRP’s price over 20 minutes or two hours. While the filing labeled XRP a commodity for the contract, it did not set regulatory status. “It’s a standard classification for this derivatives framework,” a source familiar with the process said.Some community members interpreted the description as formal recognition from the CFTC. However, the filing’s language simply matched that used for other asset-based contracts. The CFTC has not issued a public statement confirming XRP’s commodity status.Legal Background and Ongoing Status QuestionsThe regulatory debate over XRP traces back to the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. The SEC initially claimed XRP was a security, but a federal judge ruled it was not in itself a security. The commission appealed parts of the ruling but did not challenge that specific finding.Neither the SEC nor the CFTC has given XRP a definitive classification. Some asset managers, such as Bitwise, have also referred to XRP as a commodity when filing for spot ETF products. However, these references serve product-specific purposes rather than setting legal definitions.The current SEC, led by Paul Atkins, has signaled a shift from previous leadership’s stance. Under Gary Gensler, the SEC considered only Bitcoin a non-security. Atkins has stated that most crypto assets should not be treated as securities.Broader Regulatory OutlookThe Presidential Working Group on Digital Assets has proposed that the CFTC oversee cryptocurrencies classified as commodities. This recommendation could affect how XRP products are regulated in the future. Market participants are monitoring developments closely.Although the recent filing reignited discussions, it did not resolve XRP’s regulatory status. The classification question remains open until an agency issues a clear decision.The post XRP Listed as Commodity in CFTC Filing, But Status Remains Unclear appeared first on Blockonomi.