Regulation of cryptocurrencies continues to evolve in the U.S. A recent joint statement from the SEC and CFTC opens the way for expectations regarding ETF approvals for XRP.
Joint SEC-CFTC Statement
On September 2, 2025, the SEC released a joint statement with the CFTC, confirming an initiative to simplify the trading process for certain crypto assets. The document emphasizes that current laws do not prohibit SEC and CFTC registered exchanges from trading crypto funds.
What This Could Mean for XRP ETFs
The joint approach of the SEC and CFTC may accelerate the approval process for XRP ETFs. This will create clearer regulatory reporting and prepare the ground for faster consideration of pending applications.
Approval Prospects and Market Impact
If the SEC and CFTC manage to establish clear procedures, the likelihood of approval for multiple XRP ETFs will significantly increase. Currently, some analysts, such as Bloomberg, are raising the probability of XRP ETF approval to 95%.
With the announcement of the SEC's readiness to approve XRP ETFs and its collaboration with the CFTC, the market anticipates changes that could elevate interest in XRP and improve its standing.