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VISTORBELITUNG.COM,TANJUNG PANDAN, BANGKA BELITUNG - The question of when an Exchange Traded Fund (ETF) based on XRP will be approved by United States regulators, particularly the Securities and Exchange Commission (SEC), remains a hot topic among investors and cryptocurrency enthusiasts. Although enthusiasm for the potential ETF is quite high, the certainty of its approval time is still not guaranteed.
Following the approval of the spot Bitcoin ETF in early 2025, hopes for the emergence of ETFs for other cryptocurrencies, including XRP, have increased. Several major companies such as Franklin Templeton and Grayscale have submitted proposals for a spot XRP ETF. However, the SEC is showing a more cautious stance in evaluating ETF proposals for cryptocurrencies other than Bitcoin and Ethereum.
"The SEC has a different framework for evaluating crypto assets. XRP's regulatory status, which was the subject of legal debate, is one of their main considerations," said a cryptocurrency market observer.
The lawsuit between the SEC and Ripple Labs, the company behind XRP, is one of the main factors affecting the prospects for this ETF's approval. Although there have been some positive developments in the case, legal uncertainty still looms.
"Clarity on XRP's regulatory status will be key. If Ripple manages to win or reach a favorable settlement, the path to an ETF is likely to be smoother," the observer continued.
Although there is no certainty, a number of analysts have provided predictions regarding the potential timing of an XRP ETF approval. Some predict that approval could occur by the end of 2025, especially if there is a favorable legal clarity for XRP. However, others are more conservative and see the potential for approval occurring in 2026 or even later, depending on the overall development of cryptocurrency regulations in the US.
If the XRP ETF is finally approved, the impact on XRP's price and adoption is expected to be significant. An ETF would open the door for institutional investors to invest in XRP through traditional financial instruments, potentially increasing liquidity and demand.
"ETF approval could be a major catalyst for XRP, attracting institutional capital that may have been hesitant to invest directly," said a senior crypto trader.
Although hopes for an XRP ETF remain, investors and XRP enthusiasts must remain patient and monitor regulatory developments and the ongoing legal situation. Certainty about when this ETF will be approved cannot yet be accurately predicted.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency trading involves high risk. Investment decisions are entirely the responsibility of the reader. Always conduct thorough research and consult with a financial advisor before investing.
Local Time: As of when this article was written, it is Sunday, May 18, 2025 at 12:37 AM WIB in Tanjung Pandan, Bangka Belitung. Regulatory developments can occur at any time.