Recent comments from financial expert Jake Claver highlight the changing role of XRP in global economic systems. This article examines his insights on tokenized finance, XRP ETFs, and shifts in the regulatory environment.
XRP's Role in Tokenized Finance
Jake Claver noted that XRP critics have "not much ground left to stand on" and emphasized that Ripple is no longer just a payments-focused company. He mentioned that XRP and the XRP Ledger are now central to the global shift towards tokenized finance, with billions already flowing through the network. He added that "the serious capital hasn’t even entered the chat yet" and expressed that the next phase for XRP "will be one for the books."
The ETF Landscape for XRP
Interest in XRP exchange-traded funds (ETFs) has surged throughout 2025. As of September, more than 15 applications for XRP-focused ETFs are pending with the U.S. Securities and Exchange Commission (SEC). Issuers include Grayscale, Bitwise, 21Shares, WisdomTree, and Franklin Templeton. The SEC faces key deadlines this fall, with several major applications due for final decisions in October.
Regulatory Alignment and Its Implications
The regulatory environment has also shifted in a way that supports ETF prospects. On September 2, staff from the SEC and the Commodity Futures Trading Commission (CFTC) released a joint statement clarifying that registered exchanges under both agencies are not prohibited from listing certain spot crypto commodity products. This alignment enhances clarity for exchanges and issuers and decreases regulatory hurdles for XRP ETFs.
Claver’s remarks and the recent regulatory and institutional momentum underline XRP’s position in global finance. Potential ETF approvals in October may open new horizons for XRP and its role in the evolving financial system.
