Ripple XRP Spot ETF Applications Acknowledged by SEC

The SEC has just given a green light to Grayscale’s proposal for a Spot XRP ETF by officially acknowledging the 19b-4 filing submitted via NYSE Arca—and now they’re calling on the public for feedback. In the filing posted last Thursday, the commission set a 21-day deadline for comments after the notice hits the Federal Register. Once that window closes, the SEC will decide whether to give this ETF the thumbs-up, knock it back, or even open up formal proceedings.

This 19b-4 filing is a crucial second step in launching a spot XRP ETF. Once it’s published in the Federal Register, the regulatory process really kicks into gear.

Recently, a slew of crypto ETFs—from Solana to Dogecoin—have been on the SEC’s radar as firms test the waters for regulatory approval.

This shift comes as the SEC appears to be easing up on its crypto stance following former Chair Gary Gensler’s departure last month. Gensler was famously skeptical, often labeling most cryptocurrencies as securities. In contrast, the agency has already approved spot Bitcoin ETFs in January 2024 and later, spot Ethereum ETFs, signaling a more welcoming environment for digital assets.

Asset managers including WisdomTree, Bitwise, 21Shares, and Canary Capital have each submitted applications for spot XRP ETFs. Unlike futures-based products, a spot ETF would allow investors to gain direct exposure to XRP without the hassle of holding the coin. This isn’t just a clever piece of financial engineering—it’s a potential game-changer that bridges the gap between traditional Wall Street and the fast-moving crypto frontier.

These filings are more than just regulatory checkboxes; they’re statements of intent. The idea is to democratize access to XRP, inviting both retail investors and institutional titans to partake in what many see as the next big chapter in crypto history.

Today the SEC acknowledged Grayscale and the NYSE’s 19b-4 filing to list an XRP ETF.  It’s the bullish XRP news that Ripple watchers have been waiting for. 

XRP ETFs are close to approval wrote Bloomberg analyst James Seyffart on X

The SEC’s nod to the XRP 19b-4 filings isn’t just a bureaucratic checkbox—it’s a pivotal move in the ETF approval saga. While it doesn’t guarantee approval, it clearly shows that the wheels are turning. If, and when an XRP ETF does eventually get the green light, we could be staring down the barrel of a major institutional investment wave, one that’s likely to boost liquidity and demand significantly.

With regulatory clarity inching closer and Ripple making bold strides on the global stage, we have to ask: Are we on the verge of witnessing XRP’s metamorphosis from a mere utility asset into a bona fide mainstream financial instrument? If so, this isn’t just evolution—it’s a revolution that could upend traditional investment paradigms. XRP to the moon.

With pro-crypto President Trump in charge, and new SEC chair Paul Atkins at the helm—whose track record hints at a more open-minded approach to digital assets—the stage is set for XRP ETF applications to clear the regulatory hurdle.

This potential pivot isn’t just about XRP—it’s emblematic of a broader transformation in how regulators might handle digital assets. For contrarians like us, it’s a fascinating development. While some fear that regulatory embrace could water down the decentralized ethos of crypto, others see it as the inevitable maturation of a market that’s been too raw for too long.

Watch – XRP Price Analysis Video

The ripple effects of these ETF applications could be huge. Analysts are already speculating that if approved, these ETFs could inject between $4 billion and $8 billion in net new assets into the XRP ecosystem within the first year. That’s not chump change—it’s a tidal wave of capital that could drive XRP’s price and liquidity to new heights. That means XRP price predictions for 2025 will have to be adjusted higher. As you can see on the XRP price chart below, the XRP price moved 4% higher on today’s news.

XRP jumped 4% to $2.589 on the XRP ETF news, Source: BNC XRPLX

Meanwhile, on betting website Polymarket, the odds of an XRP ETF approval in 2025 have jumped to 81%. 

There’s an 81% chance of spot XRP ETF approvals in 2025, Source: Polymarket