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Cryptocurrency News Articles

XRP ETF: Growing Institutional Backing, Targeting 2025 Approval

Feb 11, 2025 at 03:01 am

As Bitcoin and Ethereum ETF pave the way for mainstream crypto adoption, XRP is emerging as the next contender for an exchange-traded fund (ETF).

As Bitcoin and Ethereum ETFs pave the way for mainstream crypto adoption, XRP is emerging as the next contender for an exchange-traded fund (ETF). Several asset management firms have filed applications for XRP ETFs, sparking speculation about the approval timeline and potential impact on XRP's price.

Major asset management firms, including Bitwise, Canary Capital, 21Shares, and WisdomTree, have submitted ETF filings for XRP, indicating strong institutional interest in the digital asset. A spot XRP ETF would offer traditional investors regulated exposure to XRP without the hassles of direct crypto ownership.

While no official timeline has been confirmed, rumors suggest an XRP ETF could be approved by late 2025. The reappointment of Paul Atkins, a crypto-friendly SEC chair under the Trump administration, could influence regulatory policies and increase the chances of approval.

However, attorney Jeremy Hogan believes the resolution of the ongoing XRP lawsuit may come before any ETF approval. He explains that while a legal settlement isn't necessary for an ETF, the process involves extensive regulatory reviews that could take time.

Historically, ETF approvals have been positive catalysts in the crypto market. Bitcoin saw a significant price surge after the launch of its Futures ETF, and a similar reaction could be expected for XRP. A regulated ETF would attract institutional liquidity, increase mainstream adoption, and potentially drive XRP's price higher.

With improving regulatory clarity and accelerating institutional adoption, XRP's case for an ETF is strengthening. As the SEC continues to refine its stance on crypto, the approval of an XRP ETF would be a major development, further integrating XRP into the traditional financial markets.

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Other articles published on Feb 11, 2025