XRP Surges 10% Amid ETF Hype and Blockchain Innovations
The cryptocurrency market has been buzzing lately, and XRP is stealing the spotlight! Over the past two days, XRP has shot up by more than 10%, fueled by excitement over potential exchange-traded fund (ETF) approvals and the integration of real-world assets (RWA) onto the XRP Ledger.
With all eyes on regulatory decisions and blockchain advancements, let’s break down how these developments could shape the future of XRP.
Ripple, XRP, Markets, Price Analysis, Market Analysis, ETF
XRP 4-hour chart. Source: Cointelegraph/TradingView
Grayscale’s XRP and DOGE ETF Gain Momentum
In a major development, the U.S. Securities and Exchange Commission (SEC) has officially acknowledged Grayscale’s filing for XRP and Dogecoin ETFs. According to the latest update, the SEC now has 240 days to decide whether to approve or deny the ETFs under Section 19(b)(2) of the Securities Exchange Act.
There’s hope that approvals could come sooner, given the more pro-crypto stance of the current regulatory environment. For instance, Bitwise managed to get its Bitcoin and Ethereum ETF approved in under 90 days. However, not everyone is optimistic—Bloomberg ETF analyst James Seyffart believes the SEC won’t green-light an XRP ETF until its ongoing legal battle with Ripple Labs is fully resolved.
Polymarket Bets Big on XRP ETF in 2025
The news has sparked bullish sentiment in the market. Betting odds for an XRP ETF approval in 2025 on Polymarket shot up to 81%, a jump from the 70% odds just a month ago.
Ripple, XRP, Markets, Price Analysis, Market Analysis, ETF
XRP ETF approval odds on Polymarket. Source: Polymarket
The community remains split on when an approval could happen. Some bettors predict that the SEC could approve an XRP ETF before Q3 2025, with a 45% chance of approval by July 31.
Crypto lawyer Jeremy Hogan, a well-known XRP advocate, weighed in on the timeline. He acknowledged that while initial approval could come quickly, the entire process—including the SEC’s Form S-1 approval—could take up to 12 months before an ETF is fully tradable.
“Yes, the approval can happen that fast, but then the S-1 has to be approved, etc. etc. So, think of it more like 8-12 months.”
— Jeremy Hogan, Partner at Hogan & Hogan
What’s Next for XRP?
The excitement surrounding XRP’s potential ETF approval is undeniable. But while speculation is driving up interest, regulatory hurdles and further legal clarity remain crucial before XRP ETFs become a reality.
For now, the altcoin’s recent price rally shows that confidence is growing, and investors are eager for what’s next. Will XRP finally break through and solidify its place in traditional finance? Only time will tell.
🚀 What do you think? Will the SEC approve an XRP ETF in 2025? Drop your predictions in the comments!
📢 Disclaimer: This article is for educational purposes only and does not provide financial or investment advice. Always conduct your own research before making any investment decisions.
