XRP Inches Closer to ETF Approval – Here’s What You Need to Know

The U.S. Securities and Exchange Commission (SEC) has officially kicked off its review process for WisdomTree’s proposed XRP exchange-traded fund (ETF) a potentially game-changing development for Ripple's native token.

Here’s a breakdown of what’s unfolding:

What’s Happening?

  • WisdomTree’s Proposal:
    The firm submitted its application for the “WisdomTree XRP Trust,” an ETF designed to track the price of XRP by holding actual XRP tokens.

  • SEC’s Review Begins:
    On May 23, 2025, the SEC formally acknowledged receipt of the application and announced it would begin evaluating it under regulatory procedures.

Key Details in the Filing

  • The ETF would be listed on the Cboe BZX Exchange, making XRP more accessible to institutional and retail investors.

  • WisdomTree emphasized that XRP has a large, liquid market and a global user base—two factors that support the case for a spot ETF.

Why This Matters

  • Market Impact Potential:
    Approval of the WisdomTree XRP ETF could legitimize XRP in the eyes of mainstream investors, possibly leading to increased demand and price stability.

  • Institutional Access:
    ETFs provide a regulated, simple path for institutions to gain exposure to crypto assets—without having to manage wallets or private keys.

  • Ripple’s Legal Wins:
    The timing is noteworthy. With Ripple scoring partial victories in its legal battle with the SEC, the momentum for XRP adoption seems to be building.

What’s Next?

  • Public Comment Period:
    The SEC will accept public comments during its initial review period (usually 45 days), which could be extended up to 240 days.

  • Market Watching Closely:
    Investors, analysts, and Ripple supporters are keeping a close eye on updates as they could influence not just XRP, but the wider crypto ETF landscape.

Final Thoughts

This is a major milestone for XRP. An approved ETF would not only validate the asset in traditional finance circles but also potentially spark a new wave of adoption. With increasing institutional interest and legal clarity improving, XRP may be entering a pivotal chapter in its journey.

#XRPETF #CryptoRegulation #WisdomTree

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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.