XRPETFApproval

The U.S. Securities and Exchange Commission (SEC) has officially initiated its review of the WisdomTree XRP Trust, a proposed spot exchange-traded fund (ETF) that would give investors regulated exposure to XRP without requiring direct token ownership or self-custody. Filed by the Cboe BZX Exchange, this application represents the first formal SEC evaluation of a U.S.-based spot XRP ETF, marking a potential milestone in the integration of cryptocurrencies into traditional finance. The ETF would track XRP's price using the CME CF Ripple-Dollar Reference Rate, enabling access through standard brokerage accounts.

As part of its 240-day review process, the SEC is seeking public comments on the proposal's approach to investor protection and market manipulation concerns. Ripple’s Chief Legal Officer, Stuart Alderoty, also submitted a letter to the SEC's crypto taskforce, reinforcing the view that XRP itself is not a security and advocating for clearer regulatory standards across the industry. If approved, this ETF could open the door for similar crypto asset products and accelerate institutional adoption of digital assets in the United States. The outcome of this review may set a significant precedent for future crypto ETFs and the broader regulatory landscape.
$XRP

#XRPETFApproval

Here's how the price of $XRP will perform if BlackRock files for a spot XRP ETF this week as the odds of approval jump to 83%.
The crypto market is abuzz with speculation that BlackRock may soon file a spot XRP ETF filing with the SEC.
One reason for this is the recent increase in the chances of an XRP ETF being approved to 83%. Even if approval is far off, how will the XRP ETF filing from BlockRock this week affect the price of XRP?
At press time, $XRP is trading at $2.34 with a modest 0.9% intraday gain and 38% below its all-time high. If BlackRock files for a spot XRP ETF this week, could the price surge to record highs? Let’s find out.


Will BlackRock file for a spot XRP ETF this week?
Many analysts and investors believe that BlackRock's XRP ETF filing could be the key catalyst for the XRP price rally beyond the $3.84 high.
However, with the Ripple vs. SEC lawsuit still pending, the $11 trillion asset manager is hesitant to offer investors exposure to XRP.
One reason BlackRock is filing for an XRP ETF is the increasing approval hurdles on blockchain-based betting site Polymarkets.
Traders on the platform believe there is an 83% chance the SEC will approve the XRP ETF, a percentage that has risen 15% in a month.
It's worth noting that BlackRock was among the last asset managers to file for Bitcoin and Ethereum ETFs. In fact, the Wall Street giant filed for these products months before the SEC granted approval, suggesting that its filing for the $XRP ETF would indicate imminent approval.
Meanwhile, Ripple's CEO, Brad Garlinghouse, also noted that institutions are flocking to XRP, suggesting that it may only be a matter of time before BlackRock comes on board. The launch of XRP futures on CME and Nasdaq has made it more likely that this will happen.
Amid high demand and optimism surrounding the approval of a spot XRP ETF, BlackRock's filing could be coming soon, and could lead to massive gains for the XRP price.
ChatGPT Predicts XRP Price Impact of ETF Filing from BlackRock
If BlackRock files for a spot XRP ETF, the US-made altcoin is bound to record a significant price increase. In November 2023, BlackRock filed for a spot ETH ETF, and within four months, Ethereum’s price doubled.
If XRP reflects this trend, its price could double from its current price of $2.34 and reach $4.60 within a few months of BlackRock's filing.
ChatGPT notes that if BlackRock submits this filing, the price of XRP could exceed $3 within seven days, comparing the performance of BTC and ETH ETFs.

Will BlackRock File for XRP ETF?
While there has been no comment from the trillion-dollar asset management firm, here are a few reasons why BlackRock might consider filing for a spot XRP ETF.
The Chicago Mercantile Exchange (CME) approved XRP futures, which have seen a strong demand with volume hovering between 150 and 60 contracts.Other similar XRP products across Europe are also seeing a significant spike in demand for these institutional products.
So BlackRock ETF's prospects are not a question of "if" but "when." Further supporting this view is Ripple's recently acquired Hidden Road and its connection with DTCC, which provides a broader utility for the payments company and an opportunity to capture the $11 trillion clearing market segment.
If Ripple manages to acquire US-based stablecoin company Circle, it would be a huge boost to Ripple's portfolio and could further tilt the odds of the BlackRock XRP ETF in its favor.
To conclude, the BlackRock spot ETF filing will be enough to trigger an XRP price rally to its ATH of $3.40 or higher. Investors need to note that a simple filing by this asset management firm could easily push the token higher even before SEC approval.
However, investors need to note that BlackRock has not filed for any crypto ETFs except for Bitcoin (BTC) and Ethereum (ETH).
This shows that the company is not convinced in the utility that altcoins provide, be it Solana (SOL) or XRP. Therefore, a BlackRock ETF cannot happen until this changes for the company.
#Xrp🔥🔥 #XRPETFApproval #SEC #CryptoNewss #Market_Update

$XRP XRP ETF approval odds hit 83% despite US SEC delays amid rising institutional demand, XRP futures ETF launch.
#Highlights
$XRP ETF approval odds have surged to 83%, up 13% this week despite SEC delays.XRP ETF Approval Odds Surge 13%XRP futures ETFs have launched on Nasdaq and CME, signaling rising institutional demand.Ripple CEO Continue to Support ETF Growth
Brad Garlinghouse recently shared why XRP ETF is a big deal.
#XRPETFApproval

As the CME Group's Ripple futures contracts accelerate, the chances of an XRP ETF being approved by June 17 have increased sharply.
The Chicago Mercantile Exchange's (CME) strategic introduction of Ripple futures contracts has sparked speculation of the imminent launch of an XRP ETF.
The significant increase in trading activity and the significant gains posted by CME’s futures in their opening days have further fueled optimism within the Ripple community.
Amid growing odds of a 2025 $XRP ETF launch on Polymarket, Bloomberg analysts' predictions have come under fire once again.


Earlier, Bloomberg analysts Eric Balchunas and James Seifert provided an optimistic outlook on ETF approval, with odds of 85%.
Polymarket’s odds indicate an 83% chance of a Ripple ETF being approved in 2025, with the 21% chance for July 2025 being notably lower.
XRP ETF odds rise: Is SEC approval possible by June 17?
June 17, 2025, is a key date for Ripple ETF approval, according to crypto expert Brett. In an X post, the analyst noted that the revision deadline for Franklin Templeton's Spot XRP ETF is June 17.

In particular, the analyst's statement has gained more attention, especially in light of the increasing difficulty on the forecasts of analysts at Polymarket and Bloomberg.
While Solana and Litecoin edged ahead of Bloomberg’s ETF prediction with a 90% chance, XRP followed closely behind.

Although the SEC has delayed its decision on several ETFs, analysts are confident of their launch by the end of the year.
While a year-end approval seems more likely, an early approval in June is also likely. Seyffart said,
A group of XRP ETPs have dates in the next few days. If we're going to see initial approvals from the SEC on any of these assets, I wouldn't expect to see them until late June or early July at the earliest. Early 4Q is more likely.
CME's Ripple Futures Contracts Volume Hits $30M
Importantly, the increased odds of $XRP ETF issuance are primarily due to the significant gains in CME futures contracts.
Within three days of launch, the product has achieved a staggering $30 million in trade volume. $19M on Monday and $10M on Tuesday.
Because of this significant rally, market experts anticipate a possible SEC decision on Ripple ETFs. “Spot $XRP ETFs are just a matter of time,” noted ETF Store President Nate Geraci.

#Xrp🔥🔥 #XRPETFApproval #CryptoNewss #MarketSentimentToday #Market_Update

1. ProShares XRP Futures ETFs – Launching April 30, 2025**

ProShares, a major player in the ETF space, is launching three XRP futures-based ETFs:

- **Ultra XRP ETF**: Aims to deliver 2x the daily performance of XRP. Ideal for investors looking to amplify potential gains.
- **UltraShort XRP ETF**: Targets -2x the daily performance of XRP. This is used by traders seeking to profit from short-term declines.
- **Short XRP ETF**: Designed to move inversely to XRP’s price. It’s less aggressive than the UltraShort version and used for hedging or short exposure.

These ETFs have received regulatory approval and are scheduled to begin trading on April 30, 2025.

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### **2. Bitwise Spot XRP ETF – Under SEC Review**

Bitwise Asset Management has filed for a **spot XRP ETF**, which would directly hold XRP tokens instead of using futures. In February 2025, the SEC officially acknowledged the filing, triggering a formal review process. This is seen as a positive step toward potential approval, although the ETF is not yet approved.

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### **3. Grayscale XRP Trust – ETF Ambitions**

Grayscale already operates a trust that offers exposure to XRP. The firm is pursuing regulatory approval to convert this trust into an ETF, aligning with its strategy used in the past for converting other crypto trusts like Bitcoin and Ethereum into ETFs.

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### **4. Other Institutional Filings**

Additional firms, including **21Shares**, **WisdomTree**, and **Canary**, have also submitted applications for XRP ETFs. These are currently being reviewed by the SEC. The growing number of applications reflects institutional confidence in XRP’s regulatory clarity and investment appeal.

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### **5. Market Outlook and Analyst Predictions**

Financial analysts predict that XRP ETFs—if approved—could see strong demand, with some estimates suggesting up to **$8 billion** in capital inflows in the first year. The SEC’s recent openness to reviewing multiple applications suggests that XRP is gaining traction in traditional financial circles.#XRPETFApproval $XRP