XRP News Today: XRP ETF Approval Likely by October 2025 Amid Regulatory Shift

The landscape for cryptocurrency investment is poised for a transformative shift, with Bloomberg ETF analyst Eric Balchunas forecasting that an XRP exchange-traded fund (ETF), alongside other altcoin ETFs, could secure U.S. regulatory approval by September or October 2025 [1]. This projection aligns with recent developments from the U.S. Securities and Exchange Commission (SEC), which has introduced revised "Listing Standards" to guide the approval process for crypto-based exchange-traded products (ETPs) [2].

The new regulatory framework emphasizes cryptocurrencies with a minimum of six months of futures trading history on regulated platforms, such as Coinbase’s derivatives exchange [3]. This change significantly increases the likelihood of XRP, Solana, and Dogecoin ETFs being approved in the near future. Balchunas highlighted that the updated standards signal a regulatory shift in favor of well-established altcoins, with XRP being a prime candidate [4].

Market confidence is further reinforced by the high probability of XRP ETF approval, currently estimated at 85% by Balchunas and 86% on prediction markets like Polymarket [5]. These figures reflect a consensus among investors and analysts that regulatory hurdles are easing. Additionally, the SEC’s decision to allow in-kind creation and redemption for crypto ETPs has enhanced operational efficiency, reducing costs for ETF issuers [6]. Legal expert Bill Morgan noted that this aligns crypto ETFs more closely with traditional commodity-backed products like gold ETPs, further legitimizing their structure [7].

Several XRP ETF applications are currently under SEC review, including proposals from major asset managers such as Bitwise and Franklin Templeton [8]. While the SEC previously extended Franklin Templeton’s application deadline to the end of 2025, recent regulatory momentum suggests the process could accelerate. A key lingering challenge remains the ongoing legal dispute between Ripple and the SEC. However, former SEC lawyer Marc Fagel has suggested that both parties may voluntarily dismiss their pending appeals ahead of an August 15 status report, potentially removing the last major regulatory barrier [9].

With legal clarity on the horizon and favorable regulatory conditions, October 2025 is increasingly viewed as the most likely timeframe for XRP ETF approval. If approved, the launch would mark a historic milestone for the altcoin market and the broader adoption of crypto within traditional financial systems [10]. An XRP ETF would attract significant institutional investment, enhance market credibility, and demonstrate a growing integration of digital assets into conventional financial markets. As the regulatory pieces continue to align, the countdown to potential approval appears to be in motion [11].

Source: [1] Bloomberg ETF expert Eric Balchunas prediction

[2] SEC "Listing Standards" for crypto ETPs

[3] Futures trading requirements on Coinbase’s derivatives exchange

[4] Balchunas' analysis on XRP and altcoin ETFs

[5] Prediction market data from Polymarket

[6] SEC’s in-kind creation and redemption for crypto ETPs

[7] Legal expert Bill Morgan on operational efficiency

[8] XRP ETF applications from Bitwise and Franklin Templeton

[9] Marc Fagel on potential dismissal of Ripple vs. SEC appeals

[10] Market implications of XRP ETF approval

[11] Overall regulatory momentum and potential for ETF launch in October

Full reference:

[1]-[11] Bloomberg Analyst Sets Timeline for XRP ETF Approval https://coinmarketcap.com/community/articles/688b85f0d9e6f441cde31420/