Could XRP finally get its long-awaited ETF? Recent SEC rule changes and legal progress are fueling optimism. Here’s what you need to know about the rising odds of an XRP ETF approval and its potential market impact.
XRP ETF Approval: Why the Odds Are Rising
The SEC’s updated “Listing Standards” for crypto ETPs have streamlined the approval process. Key changes include:
- A reduced review window from 240 days to 75 days.
- Eligibility for cryptocurrencies with at least six months of futures trading on regulated platforms.
- In-kind creation and redemption of ETF shares using actual cryptocurrency.
Bloomberg analyst Eric Balchunas estimates an 85% chance of approval by late 2025.
SEC Rule Changes: A Game-Changer for Crypto ETFs
The SEC’s shift aligns crypto ETFs with traditional commodity ETFs, reducing bureaucratic delays. Legal expert Bill Morgan highlights the benefits:
- Lower settlement costs.
- Simplified process for market makers.
- Enhanced market efficiency.
Ripple SEC Case: A Final Hurdle?
The ongoing legal battle between Ripple and the SEC remains a potential delay. However, reports suggest both sides may drop appeals before an August 15 deadline, clearing the path for XRP ETF approval.
Market Reaction: XRP Price Targets Soar
Analysts predict XRP could reach $3.70 if the ETF is approved. While speculative, these targets reflect growing institutional confidence in XRP.
What’s Next for XRP and Crypto ETFs?
An XRP ETF approval could signal a more open regulatory framework for altcoins like Solana and Dogecoin. It would also diversify investment options and boost institutional adoption.
Frequently Asked Questions (FAQs)
What are the chances of an XRP ETF being approved?
Analysts estimate an 85% chance of approval by late 2025, with a critical window in September or October.
How do SEC rule changes affect XRP ETF approval?
The new rules streamline the process, reducing review times and allowing in-kind creation of ETF shares.
Could the Ripple SEC case delay the XRP ETF?
Yes, but reports suggest both sides may drop appeals soon, removing this hurdle.
What impact would an XRP ETF have on the market?
It could drive XRP’s price higher and open doors for other altcoin ETFs.
When will the SEC decide on XRP ETF proposals?
The critical window is September or October 2025, with 11 proposals currently pending.
