Multiple XRP spot ETF applications from major players such as Bitwise, Grayscale, Franklin Templeton, and 21Shares have intensified pressure on the SEC, indicating strong demand for regulated XRP investment vehicles.

CME Group's launch of its XRP futures ETF on May 19, with first-day trading volume of $19 million, demonstrated market maturity and institutional interest, addressing SEC concerns about regulated derivatives markets.

Three companies across sectors have revealed plans to invest over $471 million in XRP Treasury bonds, including Webus International’s $300 million XRP Strategic Reserve application filed with the SEC, further underscoring corporate adoption and growing institutional confidence.