U.S. XRP Spot ETF Moves Closer With Major Backing

Major players, including Grayscale and Franklin Templeton, are pushing for U.S. XRP spot ETF approval, with Ripple CEO Brad Garlinghouse expressing optimism for progress in the second half of 2025.

The potential U.S. XRP spot ETF could transform institutional crypto adoption, similar to Bitcoin and Ether, potentially driving increased liquidity and market interest. The initiative is closely monitored by industry stakeholders.

Grayscale, Franklin Templeton Lead XRP ETF Applications

Major stakeholders such as Bitwise, Grayscale, and Franklin Templeton have filed applications with the SEC for a U.S. XRP spot ETF. These firms have a history of creating institutional-grade crypto products, anticipating ETF approval within 2025.

Ripple’s CEO, Brad Garlinghouse, expressed optimism due to recent Ethereum ETF approval, suggesting the U.S. is readying for an XRP ETF. U.S. exchanges Cboe and Nasdaq have also filed applications highlighting exchange involvement in the ETF process.

XRP Liquidity Set to Surge with ETF Approval

The potential XRP spot ETF approval could significantly increase XRP trading volume, liquidity, and price, similar to previous ETF approvals. Market analysts predict the move could catalyze a broader institutional adoption of XRP.

Experts highlight that a spot ETF would likely lead to increased institutional capital, influencing XRP-related DeFi pools and Layer 1 ecosystems. Previous Bitcoin and Ethereum ETFs prompted similar inflow surges, boosting liquidity and market engagement.

83% Chance of XRP ETF Approval by 2025

Past approvals of Bitcoin and Ether ETFs have seen significant market inflows and liquidity increases. Similar expectations surround the potential XRP ETF, with the market poised for expansion and increased institutional participation.

Experts from Kanalcoin predict an 83% chance of ETF approval by 2025, based on past trends and current regulatory environment shifts.

“We remain optimistic that the path for an XRP ETF is being paved, especially after Ethereum’s ETF approval by the SEC. 2025 is shaping up to be a transformative year for institutional crypto adoption.” — Brad Garlinghouse, CEO, Ripple.
Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.
Redaksi Media
Author: Redaksi Media

Cryptocurrency Media

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments