While even more excitement starts to bubble within the crypto community, 2025 looms large on the horizon with likely approval for an XRP ETF. After years of court fights and regulatory uncertainty, the probability of XRP achieving recognition as a legitimate investment asset is steadily increasing. But when can investors actually foresee the approval of an XRP ETF?
When Will XRP ETF Be Approved?
Bitwise Asset Management’s recent filing for an XRP ETF marks a pivotal step toward the token’s mainstream adoption. Lawyer Jeremy Hogan has weighed in with his thoughts on the likely timeline for the U.S. Securities and Exchange Commission’s clearance.
According to Hogan, If the current appeal by the SEC takes its due course, ETF approvals usually come within six to twelve months, suggesting a mid-2025 approval, at the earliest. This is in connection with the timeline of events connected to the ongoing legal battle between Ripple Labs and the SEC.
The SEC sued Ripple in December 2020 alleging that XRP transactions were unregistered securities offerings. A subsequent U.S. court ruling determined that secondary market sales did not violate securities regulations, though sales to institutional investors did. The SEC is appealing parts of this decision, with a review scheduled for January 2025 Bitwise’s filing highlights the tough regulatory environment by counting the S.E.C. among an investor’s greatest risk factors.
Bitwise Chief Investment Officer Matt Hougan seemed optimistic about the proposal to list the XRP ETF, considering that his company only files once the chances of acceptance are good enough. According to him, “XRP is an attractive asset because of its strong technology and supportive community.”
Legal Hurdles and Dawns of Hope
Much of XRP’s path to ETF listing status depends on the ongoing court battle between Ripple Labs and the SEC. With its regulatory scrutiny, recent court wins have gone the other way around for the cryptocurrency. A probable sudden about-face by the SEC, coupled with favorable court decisions, is fuelling expectations that an XRP ETF might be close at hand.
Growth of Institutional Interest
Growing institutional interest in crypto is further seen by investment firms such as Bitwise and 21Shares filing for XRP ETFs. The filings are a signal of confidence in the positioning of XRP as an investable asset with strong community support and robust technological foundations.
According to industry leaders such as Matt Hougan of Bitwise, the eventual green light of a U.S. ETF would bring new opportunities to investors.
Also Read: XRP Unleashed Release: Stream on Netflix, Amazon & Apple TV – The Crypto Saga Begins!
The Implications of the Ripple Effect for Investors
Should an XRP ETF be approved, it will expand the avenues for institutional and ordinary investors to learn about the cryptocurrency. Since XRP would then be a regulated investor, this might subsequently improve market stability and liquidity while also possibly widening the path for cryptocurrency adoption. Investors already appear to think that optimism drives XRP’s market performance, and as its potential approval draws near, prices are probably going to hit all-time highs.
While the journey toward an XRP ETF has been challenging, 2025 could mark a transformative moment for cryptocurrency. With more significant financial backing and a growing sense of confidence in its potential, the route for XRP to mainstream investment has never looked clearer.
Also Read: XRP Price Has Surged During the Last Few Months: What’s Driving the Bull Run?
