Despite the increasing optimism, there is no specific launch date for the XRP Spot ETF in the United States. Several factors will affect this:
SEC Approval: The main hurdle is the SEC's approval. The timeline for their decision is uncertain but is being closely monitored, especially with the appointment of a new SEC chair who may be more friendly toward cryptocurrencies.
Resolution of SEC Lawsuit: A positive resolution or dismissal of the SEC's case against Ripple is widely considered a prerequisite for the SEC to feel comfortable approving a XRP Spot ETF.
Regulatory Clarity: Clearer regulatory guidelines for cryptocurrencies in the United States will also pave the way for more approvals for cryptocurrency ETFs.