SEC Begins XRP ETF Application Review
29 May, 2025 ● Coin news
The US Securities and Exchange Commission (SEC) has officially begun reviewing the spot exchange-traded fund (ETF) application by the WisdomTree XRP Trust, marking a potential milestone for the market presence of XRP.
The SEC’s notice, published on May 27, starts a 21-day public comment period and a 240-day review timeline, focusing on investor protection and market manipulation risks.
If approved, the ETF would track XRP’s price via the CME CF Ripple-Dollar Reference Rate, giving investors indirect exposure without needing to hold XRP directly.
This development has sparked renewed optimism across the market, with analysts and traders weighing the potential impact of an XRP ETF.
The betting odds for an XRP ETF approval by December 31 now stand at 84% on Polymarket, up from 63% in April.
Bloomberg senior ETF analysts estimate an 85% chance of approval following the recent change in SEC leadership.
Approval of an XRP ETF could unlock institutional capital, amplifying demand for the asset.
Some analysts predict this could push XRP’s price to a range of $3–$8, with even more ambitious targets, like $50, if major players such as BlackRock enter the market.
XRP has seen bullish sentiment build over the past month, and while the token currently trades at around $2.29, the ETF review is seen as a key catalyst for a potential rally.
Traders believe a regulatory green light could pave the way for a significant price surge in the coming months.
Sources:
https://cointelegraph.com/news/xrp-price-48-jump-spot-etf-reality-draws-closer
https://polymarket.com/event/ripple-etf-approved-in-2025?tid=1739542416703
https://www.sec.gov/files/rules/sro/cboebzx/2025/34-103124.pdf
