Current Date:February 22, 2025

Critical date is approaching for XRP investors

An important regulatory process for XRP investors is approaching. The US Securities and Stock Exchange Commission (SEC) has to decide for a Stock Exchange Investment Fund (ETF) connected to XRP. This proposal presented by Grayscale was added to the Federal Registration and the countdown to the final decision of the SEC has begun. This development created great excitement in the market.

SEC’s decision schedule and process

The SEC has a period of October 18th to make its final decision on the application of the XRP ETF application. However, the institution may also announce its decision earlier. Recently, SEC’s assessment of multiple XRP ETF proposals made a positive atmosphere in the market.

The approval of ETFs in the crypto market is of great importance. ETFs, previously approved for Bitcoin and Ethereum, had made significant rise in prices. A similar situation may occur if the XRP ETF is approved.

Expectations for XRP ETF approval are rising

According to analysts, the probability of an XRP ETF in 2025 rose to 81 %. Recent developments support the spread of ETFs in the crypto market. In addition to the XRP, the fingual ETF applications of companies such as Grayscale, Vaneck, Canary Capital and Bitwise have been added to the Federal Registration. The final decision date for these applications was determined as 16 October.

ETF approvals may increase the interest of corporate investors in crypto assets. Providing regulatory clarity for projects such as Solana and Ripple will be a critical step for the future of the market.

Possible effects for XRP investors

SEC’s approved XRP ETF may lead to significant movements in the market. While corporate investors’ interest in crypto assets increases, ETF approvals may accelerate the adoption of Ripple.

The ETF approval process may increase the market value of XRP and attract more investors. If the SEC makes a positive decision, the price of XRP can be expected. However, a negative decision can put pressure on the market.

Is it a new era for crypto ETFs?

The decision of the SEC in the coming months will be decisive not only for Ripple, but also for the general crypto market. After Bitcoin and Ethereum ETFs, XRP also receives ETF approval may open the door to similar applications of other Altcoins.

While the SEC is eagerly awaited how the attitude of the SEC is, the XRP investors closely follow the process. The next process can be the beginning of a new era in the crypto world.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -