XRP News Today: SEC Review of XRP ETFs Gains Momentum Amid Regulatory Shift

The U.S. Securities and Exchange Commission (SEC) is nearing a decision on several spot XRP ETF applications, with a particular focus on proposals from Grayscale and Bitwise. This comes amid ongoing developments in Ripple’s legal case and a broader regulatory shift toward crypto assets. Analysts and market participants are closely watching for signs of approval, which could drive significant institutional interest and market activity.

Grayscale’s Digital Large Cap Fund, which includes XRP, is currently under public comment as part of the SEC’s review process. Although the exact decision timeline remains undisclosed, the agency has yet to issue a definitive stance on whether spot XRP ETFs can be approved for U.S. markets. A favorable ruling could mirror the success seen with Bitcoin and Ethereum ETFs, potentially reshaping XRP’s role in institutional portfolios [3].

The potential approval of XRP ETFs has sparked optimism among investors and analysts. Bloomberg analyst Eric Balchunas noted that the most realistic timeline for XRP ETF approval is September or October 2025, with an 85% likelihood of approval by that time. Such a development could enhance liquidity and attract substantial institutional inflows, reinforcing XRP’s position as a viable investable asset [3].

Ripple’s Chief Technology Officer, Bill Morgan, has emphasized that a regulatory green light for XRP ETFs could strengthen the company’s strategic position in the crypto ETF landscape. He also suggested that XRP is better positioned than stablecoins like RLUSD in the long-term payment sector. This reinforces Ripple’s confidence in the token’s utility and its potential to serve as a bridge in cross-border transactions [4].

BlackRock’s recent attendance at Ripple’s Swell 2025 event has raised speculation about the firm’s future involvement in XRP ETFs. Given the firm’s previous success with Ethereum ETFs, analysts believe it may consider filing for an XRP ETF, especially with the SEC’s Project Crypto initiative aiming to streamline approvals for crypto financial products [2].

Activity around Solana ETFs also reflects broader trends in how the SEC is handling crypto-related investment vehicles. Firms are finalizing fee structures and staking models, while the agency has requested clarifications on in-kind redemptions and staking mechanisms—similar to the process observed with Bitcoin and Ethereum ETFs. This pattern suggests a possible regulatory precedent that could influence the XRP ETF review process [6].

CoinShares recently registered an entity for a Solana staking ETF in Delaware, highlighting growing institutional confidence in altcoins and their yield-generating potential. While this is not directly linked to XRP, it underscores the broader regulatory and market dynamics that could indirectly impact the approval of XRP ETFs [10].

As the SEC continues to refine its approach to crypto ETFs, the outcome for XRP remains uncertain but highly anticipated. The regulatory environment and increasing demand for crypto exposure could ultimately determine whether XRP joins Bitcoin and Ethereum as a tradable asset via ETFs [8].