As crypto sentiment turns bullish under Trump’s second term, whispers of an XRP spot ETF are getting louder. The latest buzz? Ripple’s co-founder Chris Larsen is set to meet with newly appointed SEC Chair Paul Atkins on May 2. With Atkins’ reputation as a pro-crypto figure—unlike his predecessor Gary Gensler—many are hopeful this meeting could fast-track ETF approval.
Franklin Templeton’s XRP ETF application is already in the pipeline, with a final SEC decision due by June 17, 2025. But industry watchers like Bloomberg’s James Seyffart hint that a more realistic timeline could be mid-October. The crypto crowd is watching closely, especially after lawsuits against big names like Coinbase and Kraken were recently dropped.
With regulations easing and momentum building, this could mark a major shift not just for XRP, but for other crypto ETFs as well.
Conclusion:
A pro-crypto SEC chair and Ripple’s upcoming meeting hint at a potential breakthrough for XRP ETF approval.
Takeaways:
Ripple’s Chris Larsen to meet SEC Chair Paul Atkins on May 2.
XRP ETF decision deadline set for June 17, 2025.
Bloomberg expects critical ETF news around October.
Optimism grows for other crypto ETFs: DOGE, SOL, ADA, LTC.
Regulatory climate more favorable post-Gensler era.
Source: Bitcoinist
