XRP ETF Approval Likely by October 2025? Analyst Weighs In
Recent changes by the US Securities and Exchange Commission (SEC) significantly increase the likelihood of approving spot exchange-traded funds (ETFs) for altcoins like XRP. The SEC's new “Listing Standards” for crypto ETPs, detailed in a recent filing, significantly reduce the approval timeline. Previously, a lengthy review process could take up to 240 days; now, exchanges can utilize a 75-day window after filing a rule change. A key component of this change is that any cryptocurrency with at least six months of futures trading on a platform like Coinbase's derivatives exchange qualifies for an ETP. This streamlined process is further bolstered by the SEC's approval of in-kind creation and redemption for crypto ETPs, allowing authorized participants to create or redeem ETF shares using actual cryptocurrency instead of cash. This reduces settlement costs and aligns crypto products with how gold and other commodity ETPs operate. Bloomberg analyst Eric Balchunas estimates an 85% chance of XRP ETF approval by September or October 2025. He points out that once the six-month futures trading threshold is met for assets like XRP, Dogecoin, and Solana, the path to approval becomes much clearer. Prediction markets reflect a similar optimism, indicating odds near 86%. While the ongoing legal battle between Ripple and the SEC remains a factor, the possibility of both sides dropping appeals before an August 15 deadline could remove a major obstacle. Experts believe that a dismissal of appeals would pave the way for final SEC sign-off, bringing live trading of XRP ETFs closer to reality. The updated listing standards are seen as the final major hurdle, with futures already trading for several altcoins. The combination of these regulatory changes and market predictions strongly suggests a positive outlook for XRP ETF approval in the near future.
(Source: https://www.newsbtc.com/altcoin/xrp-etf-approval-incoming-analyst-eyes-september-october-window/)
