XRP ETFs rise in value as anticipation for SEC rulings grows.

Leaders in the industry are having more and more heated conversations over XRP’s possible entry into the exchange-traded fund (ETF) market. Once U.S. officials make their decision, a number of well-known experts believe that investor demand may surpass expectations.

If the U.S. Securities and Exchange Commission (SEC) gives its approval, inflows into XRP ETFs could surprise the market, according to John E. Deaton, a prominent lawyer in the digital asset field and a vocal supporter of the Ripple community. His remarks were made in the midst of discussions over the increasing number of applications—at least 16 as of right now—including one filed by Amplify ETFs to introduce an XRP Monthly Option Income ETF. This product would not be heavily dependent on the asset’s price growth like standard spot funds are.

Optimism and expert forecasts

The SEC has yet to grant approvals despite the spike in submissions; most decisions were delayed until October in response to requests for revised documentation and public feedback. Nonetheless, the XRP community is still hopeful because prediction markets currently indicate that there is a good chance that at least one fund will be approved before the year ends.

Steven McClurg, CEO of Canary Capital, added to the upbeat atmosphere by calling XRP the “second most famous cryptocurrency on Wall Street” behind Bitcoin. He predicted up to $5 billion in inflows during the first month of trade, implying that XRP ETFs would potentially beat Ethereum funds in an interview. Additionally, he pointed out that macroeconomic factors, particularly the Federal Reserve’s interest rate policy, may have a significant impact on how demand is shaped at launch.

The SEC’s role and market prospects

For its XRP ETF, Canary Capital has also filed an amended S-1 form; the SEC is anticipated to make a decision by October 23. As with Bitcoin and Ethereum ETFs, McClurg emphasized that XRP’s availability on regulated futures platforms like Coinbase and CME increases the likelihood of acceptance.

In addition to XRP, McClurg noted that funds associated with Solana, Litecoin, and Hedera might be released later this year, but other cryptocurrency goods might not be available until 2026. However, the majority of analysts concur that because of institutional recognition and consistent demand in futures markets, XRP ETFs presently have the best chances of receiving clearance in the near future.Traders and investors are currently closely monitoring XRP’s ETF journey in anticipation of the SEC’s next action.

 

 

 

 

 

 

 

 

 

 

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