XRP News Today: SEC Could Approve XRP ETFs in 21 Days Under New Framework

The U.S. Securities and Exchange Commission (SEC) is reportedly on the verge of approving a new framework that could significantly accelerate the listing of crypto-based exchange-traded funds (ETFs), with a potential decision expected within 21 days. This development stems from proposals by the Cboe BZX Exchange and NYSE Arca, which seek to streamline the ETF approval process by eliminating the need for individual 19b-4 filings for each product [1]. If adopted, this framework would reduce the approval timeline from the current 240-day standard to as little as 75 days for eligible crypto ETFs [1].

The proposed changes are particularly relevant for XRP-based ETFs, as the asset meets the initial criteria outlined in the framework, including a minimum six months of trading history on regulated U.S. derivatives platforms [1]. Alongside Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE), XRP is positioned to benefit from the new process. These standards do not yet include liquidity or market capitalization thresholds, but both exchanges have indicated they plan to introduce such criteria in the future [1].

The regulatory shift reflects a broader evolution in the SEC’s approach to digital assets. Recent approvals, such as in-kind creation and redemption mechanisms for crypto ETFs, and the release of a policy roadmap aimed at accommodating tokenized assets, suggest a more open stance toward blockchain-based financial products [1]. This environment has already led to the filing of spot XRP ETF applications by several firms, including Franklin Templeton, Bitwise, and Grayscale [4].

Analysts have also highlighted the potential for major institutional players to enter the XRP ETF space. Nate Geraci, President of The ETF Store, has suggested that BlackRock—a global leader in asset management—is likely to file for an XRP ETF, following its strategy with Bitcoin and Ethereum. Geraci also expects the firm to introduce an index-based crypto ETF that may include XRP and SOL [3]. These moves underscore growing institutional confidence in the asset class and could expand product offerings for retail and institutional investors alike.

The legal landscape has also evolved in favor of XRP. Recent court rulings have narrowed its classification as a security, and a key legal deadline on August 15 could remove a major overhang on the asset [2]. If the litigation is not appealed, it could further accelerate the path toward ETF approval. The SEC’s apparent willingness to streamline the process, combined with the resolution of legal uncertainty, has fueled market speculation that XRP ETFs could gain approval by early October [4].

Despite these positive developments, the market remains volatile. XRP’s price has recently dropped below $3, with technical indicators suggesting potential for further downward movement if key support levels fail [5]. However, the prospect of ETF approval within weeks continues to drive short-term trading activity and investor sentiment.

Bloomberg analysts have assigned a 95% probability of a spot XRP ETF approval in 2025, though the SEC retains the authority to delay or impose additional conditions [6]. As the August 15 deadline approaches, the outcome of the legal proceedings and the speed of regulatory action will remain focal points for market participants. The potential approval of XRP ETFs could mark a significant milestone, extending the success of Bitcoin and Ethereum ETFs into a new era of crypto investment.

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Source:

[1] AInvest (https://www.ainvest.com/news/xrp-news-today-xrp-etf-approval-arrive-21-days-streamlined-sec-rules-2508/)

[2] InvestorsHub (https://ih.advfn.com/stock-market/COIN/DOGEUSD/crypto-news/96539168/xrp-etf-approval-incoming-analyst-eyes-september)

[3] Crypto (https://cryptoadventure.com/blackrock-ripple-xrp-etf-coming-soon-heres-what-you-need-to-know)

[4] XT.com (https://www.xt.com/en/blog/post/sec-unveils-crypto-etp-listing-standards-paving-way-for-altcoin-etfs)

[5] Bitget (https://www.bitget.com/news/detail/12560604889648)

[6] AOL.com (https://www.aol.com/xrp-pullback-horizon-heres-investors-101000954.html)