#XRPETF In contrast, the United States has yet to approve a spot XRP ETF. Despite applications filed by several firms, including Grayscale and Franklin Templeton, the U.S. Securities and Exchange Commission (SEC) has not given the green light. The ongoing legal case between Ripple and the SEC has been a significant factor influencing the regulatory landscape for XRP in the US. The market is closely watching for developments in this case and potential shifts in the regulatory environment that could impact the approval of a US-based spot XRP ETF.