The U.S. Securities and Exchange Commission is anticipated to approve an XRP exchange-traded fund by late 2025, fueled by updated cryptocurrency exchange-traded product standards and progress in Ripple’s legal proceedings with the regulator.
Bloomberg senior ETF analyst Eric Balchunas estimates an 85% likelihood of approval by September or October 2025. This projection follows the SEC’s revised crypto ETP standards that permit in-kind redemption—a mechanism designed to boost liquidity and operational efficiency for crypto-based funds.
Ripple’s ongoing litigation with the SEC remains pivotal to the approval timeline, though experts indicate a potential settlement would accelerate the process. The updated regulatory framework notably improves prospects for altcoin ETFs like XRP by providing clearer operational guidelines and compliance parameters.
Market analysts advise close monitoring of both SEC announcements and Ripple’s legal developments for timely insights into the ETF’s approval trajectory.