Dan Tapiero, founder of 10T Holdings, has shared fresh insights into why investors are eagerly awaiting the launch of a spot XRP ETF in the U.S., adding fuel to the growing excitement in the crypto community.

In a recent interview, Tapiero explained that the anticipation is driven by XRP’s “Made in America” identity. Unlike Bitcoin and Ethereum, which many view as offshore assets, XRP’s connection to Ripple, a San Francisco-based fintech company, positions it as a domestic asset. Tapiero believes this U.S. affiliation makes XRP particularly appealing to investors seeking exposure to homegrown crypto projects through regulated instruments like an ETF.

SEC Decision Still Pending

Currently, the SEC is reviewing 11 applications for a spot XRP ETF. While the commission recently delayed its decision on Franklin Templeton’s filing, a final deadline looms in October 2025, according to Bloomberg ETF analyst James Seyffart. Optimism remains high, with Bloomberg experts estimating an 85% chance of approval this year.

This positive outlook is underpinned by several factors:

XRP’s legal clarity after being deemed not a security

The existence of a regulated futures market for XRP

The ongoing resolution of the Ripple vs. SEC lawsuit

Respect for XRP’s Resilience

Tapiero also acknowledged XRP’s remarkable survival despite its challenges. He noted that while he’s not the biggest XRP supporter, he admires its resilience during its three-year legal battle with the SEC. XRP faced delistings from major U.S. exchanges during the lawsuit but made a comeback when a federal judge ruled it was not a security in July 2023, prompting platforms like Coinbase to relist it.

Following regulatory wins and a shift in political leadership—Donald Trump’s election and the resignation of former SEC Chair Gary Gensler—XRP saw a sharp price rally to $3.34 in January 2025. Despite a recent pullback to $2.19, analysts remain bullish, citing potential catalysts like ETF approval and the crypto-friendly stance of the new administration.

Praise for Ripple Leadership

Tapiero also applauded Ripple CEO Brad Garlinghouse for his leadership, especially his efforts to counter the SEC’s enforcement tactics and his engagement with President Trump’s administration to foster a more supportive regulatory environment for crypto.

With a potential spot XRP ETF on the horizon and regulatory momentum building, investors are keeping a close watch on the SEC’s next move. Approval could mark a historic milestone for XRP and broaden its adoption across traditional financial markets.

Key Takeaways:

Investors see XRP ETF as a “Made in America” crypto product

SEC reviewing 11 spot XRP ETF applications; decision deadline by October 2025

Optimism high amid Ripple lawsuit progress and pro-crypto policy shifts

XRP price poised for potential gains despite recent pullback

Posted on Binance Square Write to Earn by NoriFtm

#AirdropSafetyGuide #BinanceAlphaAlert #StablecoinPayments #AirdropStepByStep #AirdropStepByStep $XRP