The United States Securities and Exchange Commission (SEC) is continuing to delay decisions regarding ETF requests for XRP, considerably impacting market expectations and asset evaluations.
SEC Delays XRP ETF Decisions
The SEC continues to defer decisions on XRP ETF requests, negatively impacting market expectations. Ripple's ongoing legal case with the SEC over XRP's classification plays a crucial role in the approval timeline. Applications from entities like Bitwise Invest and CoinShares are stalled, mirroring other crypto ETF situations.
XRP Trading Price and Growth Predictions
XRP trades at $2.51, reflecting buyer caution amid regulatory delays. However, analysts predict potential appreciation, estimating that XRP may exceed $6 if the ETF is sanctioned.
Impact of SEC Delays on XRP Forecasts
Delays by the SEC have financial consequences, influencing expectations of XRP's future value. Investments from major players suggest optimism, but immediate market reactions remain mixed given the precarious regulatory landscape.
> Delays on spot crypto ETFs are expected... if we're gonna see early approvals from the SEC on any of these assets — I wouldn't expect to see them until late June or early July at absolute earliest. — James Seyffart, Analyst, Bloomberg Intelligence
Expectations for XRP ETF approval remain high, with expert forecasts suggesting an 83% chance of approval by December 2025, contingent on legal outcomes in SEC v. Ripple. Market history indicates potential for asset growth post-approval.
