$XRP Bale (@AltcoinBale), a crypto enthusiast, recently stated that the U.S. Securities and Exchange Commission (SEC) is about to approve all pending spot XRP ETFs based on the latest SEC-CFTC joint statement.

In August 2025, the SEC extended decision deadlines on several filings, including those from Grayscale, 21Shares, Bitwise, CoinShares, and WisdomTree, pushing most rulings into October. Franklin Templeton’s filing is scheduled for mid-November.

Despite these postponements, regulatory clarity around XRP has improved significantly, especially after Ripple and the SEC dismissed their appeals and ended the legal battle.

✨The Joint SEC-CFTC Statement

The image shared shows an official SEC publication titled “SEC-CFTC Joint Staff Statement (Project Crypto-Crypto Sprint),” dated September 2, 2025. The document represents a coordinated effort between the SEC and the Commodity Futures Trading Commission.

It states that the SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk are working together to address the process for enabling trading of certain spot crypto asset products.

The statement builds on recommendations from the President’s Working Group on Digital Asset Markets, which emphasized strengthening U.S. leadership in digital financial technology and blockchain innovation. The agencies highlighted their intent to issue guidance on listing leveraged, margined, or financed spot retail commodity transactions on digital assets.

Importantly, the joint statement affirms the view that current law does not prohibit SEC- or CFTC-registered exchanges from facilitating trading of spot crypto asset products.

✨What This Could Mean for Spot XRP ETFs

This joint approach could accelerate the regulatory framework for approving spot XRP ETFs. By aligning on authority and scope, the SEC and CFTC appear to be laying the groundwork for smoother consideration of pending applications.

If the SEC and CFTC succeed in finalizing clear procedures, the probability of approval for multiple XRP spot ETFs may rise sharply.

Meanwhile, Bloomberg has raised the probability of XRP ETF approval to 95%, and applicants such as Grayscale, which expect decisions in October, would benefit from an established framework that reduces uncertainty.

The SEC-CFTC statement represents a pivotal step in unifying cryptocurrency oversight. With deadlines approaching and agencies signaling readiness, XRP could soon see its long-awaited spot ETFs approved, setting the stage for wider adoption and stronger market performance.

🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰

Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩

🚀🚀🚀 NOT JUST LIKE BUT, CLICK FOLLOW BE MASTER BUY SMART - Thank You.