Here’s Why XRP Spot ETFs May Be Closer Than Ever to U.S. Approval
2025-07-02 08:01:28
Main Idea
The approval of XRP spot ETFs in the U.S. is increasingly likely due to regulatory easing and the resolution of the Ripple-SEC lawsuit, with multiple applications currently under SEC review.
Key Points
1. At least ten XRP spot ETF applications are currently under SEC review, with major asset managers like Bitwise, Grayscale, and Franklin Templeton among the applicants.
2. The SEC approved Grayscale's Digital Large Cap Fund (GDLC) as a spot ETF, which includes XRP, marking a pivotal moment for XRP's entry into regulated investment products.
3. XRP comprises 4.8% of the GDLC fund, with Bitcoin and Ethereum making up the majority at 80.4% and 11.15%, respectively.
4. The resolution of the Ripple-SEC lawsuit and the inclusion of XRP in an SEC-approved spot ETF strengthen the case for standalone XRP ETFs.
5. The SEC has until October 2025 to make final decisions on the pending XRP ETF filings, with industry observers believing approval is now a matter of timing.
Description
The SEC’s recent approval of Grayscale’s multi-token crypto ETF, which includes XRP, sets a strong precedent for standalone XRP spot ETFs. At least ten XRP spot ETF applications are currently under SEC review. Ripple-SEC lawsuit resolution and regulatory easing increase the likelihood of XRP spot ETFs. A recent breakthrough by Grayscale has significantly boosted expectations that XRP spot ETFs will soon receive the green light in the United States. With the SEC now approving a product that inclu...
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