Crypto Eri (@sentosumosaba), a prominent cryptocurrency community figure, recently highlighted seven pending spot XRP Exchange-Traded Fund (ETF) applications in the U.S., along with their projected decision dates. These filings involve major asset managers, signaling growing institutional interest in XRP.
Pending XRP ETF Applications and Decision Dates
Here are the seven pending spot XRP ETF applications and their anticipated approval timelines:
- Bitwise – May 18, 2025
- Grayscale – May 21, 2025
- 21Shares Core – May 22, 2025
- Canary Capital – May 22, 2025
- WisdomTree – October 25, 2025
- CoinShares – October 25, 2025
- Franklin Templeton – October 25, 2025
The U.S. Securities and Exchange Commission (SEC) is currently reviewing eleven spot XRP ETF filings, part of over 70 pending cryptocurrency ETF applications. By regulation, the SEC has 240 days to approve or reject an ETF after formal acknowledgment.
Will the SEC Approve XRP ETFs?
Crypto Eri predicts decisions will align closely with the projected dates, with potential approvals as early as May 2025. Some analysts speculate the SEC may accelerate approvals due to:
- Global competition (e.g., Brazil’s launch of the first XRP ETF).
- Political pressure to solidify U.S. leadership in crypto markets.
- XRP’s regulatory clarity following the SEC-Ripple lawsuit resolution.
Key Factors Influencing Approval:
- Institutional demand for regulated XRP exposure.
- Market readiness for crypto-based financial products.
- SEC’s stance on crypto ETFs under current leadership.
Potential Impact of XRP ETF Approvals
If approved, these ETFs could:
- Boost XRP liquidity and mainstream adoption.
- Attract traditional investors seeking compliant crypto exposure.
- Set a precedent for other altcoin ETFs.
👉 Stay updated on ETF developments
FAQs About XRP ETFs
1. What is an XRP ETF?
An XRP ETF is a regulated investment product tracking XRP’s price, enabling investors to gain exposure without holding the asset directly.
2. Why are these ETFs significant?
Approval would mark a major milestone, bridging XRP with traditional finance and validating its regulatory status.
3. Could the SEC delay decisions?
While delays are possible, the 240-day deadline adds pressure for timely rulings.
4. How does XRP’s legal clarity help?
The resolved SEC lawsuit removes a major barrier, increasing approval likelihood.
5. Which firms are leading the filings?
Bitwise, Grayscale, and Franklin Templeton are among the top applicants.
Conclusion
The crypto community awaits the SEC’s decisions, with May 2025 poised as a potential turning point for XRP. Approvals could catalyze institutional adoption and reinforce XRP’s position in the digital asset ecosystem.