icon
icon
icon
icon
🏷️$300 Off
🏷️$300 Off

News /

Articles /

SEC Faces May 22 Deadline for XRP Spot ETF Decision

Coin WorldSunday, Apr 20, 2025 3:16 am ET
1min read

Crypto researcher SMQKE has highlighted May 22 as a critical date for the potential approval of XRP spot ETFs. In a post on X, SMQKE indicated that the SEC must respond to Grayscale’s XRP spot ETF filing by this date. This deadline has gained prominence following the recent approval of Teucrium’s 2x Leveraged XRP ETF, which has set a precedent for the regulatory treatment of XRP-related financial products.

The SEC has formally acknowledged several applications for XRP spot ETFs, marking an important step in the regulatory process. While acknowledgment does not guarantee approval, it signals that the agency is actively reviewing these applications. The approval of Teucrium’s leveraged XRP product, which involves complex financial instruments and higher risk, has raised questions about the SEC’s rationale for potentially rejecting simpler spot-based products.

Teucrium’s 2x Leveraged XRP ETF, which relies on returns from European ETPs and swap agreements, was approved despite its complexity and risk profile. This approval strengthens the argument for the potential approval of a spot XRP ETF, as leveraged ETFs aim to amplify daily returns, introducing greater volatility. The success of Teucrium’s XRP ETF launch, as revealed by the company’s CEO, further underscores the market’s interest in these products.

The SEC’s approach to crypto regulation appears to be evolving. Over the past few months, the Commission has dropped several crypto-related lawsuits, including the long-running lawsuit against Ripple. Although the SEC has not formally endorsed cryptocurrencies, this move has been interpreted by many in the crypto space as a signal of a broader policy shift. This shifting stance is reflected in the agency’s willingness to engage with ETF applications tied to cryptocurrencies, suggesting that concerns about market manipulation and investor protection may not hold in the current regulatory environment, especially when riskier products like leveraged ETFs are approved.

Investors are eagerly awaiting the May 22 deadline, as many market participants believe that the approval of ETFs will help XRP grow substantially. Whether the SEC grants or denies the application, the justification provided will likely influence how future XRP-related financial products are treated. The outcome of this decision will be closely watched by market participants, as it could set a precedent for future ETF approvals in the cryptocurrency space and provide greater clarity on the regulatory status of digital assets.

Comments

Add a public comment...
Post
User avatar and name identifying the post author
BenGrahamButler
04/20
Ripple win = SEC softening on crypto?
0
Reply
User avatar and name identifying the post author
Traditional-Jump6145
04/20
Approval of XRP ETFs could pump $XRP hard. SEC's move might be bullish, but risk is always there. 🚀
0
Reply
User avatar and name identifying the post author
Sam__93__
04/20
XRP ETF approval could shake up $TSLA comparisons.
0
Reply
User avatar and name identifying the post author
SimilarTurnover4287
04/20
@Sam__93__ True, XRP could pump hard.
0
Reply
User avatar and name identifying the post author
Playful-Guitar6127
04/20
@Sam__93__ What if TSLA ETFs rise too?
0
Reply
User avatar and name identifying the post author
JobuJabroni
04/20
SEC approval of XRP ETFs could pump $XRP hard. But if they reject, bearish vibes might kick in. 🚀🤔
0
Reply
User avatar and name identifying the post author
bobbybobby911
04/20
@JobuJabroni What's your take on SEC's recent moves?
0
Reply
User avatar and name identifying the post author
BeeBaBoop
04/20
Ripple lawsuit dropped. Could this be the start of SEC embracing crypto? Optimism is in the air.
0
Reply
User avatar and name identifying the post author
Sweet-Block5118
04/20
Teucrium's leveraged XRP ETF approved? Wild, right? Makes you wonder if SEC is easing up on crypto regulation.
0
Reply
User avatar and name identifying the post author
Assistantothe
04/20
SEC approval = 🚀 XRP moon potential?
0
Reply
User avatar and name identifying the post author
yosick
04/20
OMG!🚀 META stock went full bull trend! Cashed out $194 gains!
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App