The discussion around potential XRP ETF approval has become relevant in the digital asset market following Ripple's completion of its legal battle with the SEC.
Ripple's Legal Exit and Its Consequences
Recently, Ripple Labs officially dropped its cross-appeal in the lengthy legal battle with the U.S. Securities and Exchange Commission (SEC). This event has been viewed by many as a turning point, creating pathways for the first XRP-linked ETF. The AIXBT platform claims that XRP remains the only major asset with full regulatory clarity and predicts that ETF applications may be filed as early as July.
Expectations and Caution Regarding ETF Approval
Elon Musk's AI assistant, Grok, aligns with AIXBT to some extent, but adopts a more cautious stance on timelines. According to forecasts, the odds of XRP ETF approval by July 31, 2025, sit at 45%, but could rise to 80-98% by year-end. Bloomberg analyst James Seyffart notes that a more realistic timeframe for approval likely lies between September and October.
XRP ETF Filing Momentum
Despite lower chances for a July approval, the overall outlook remains positive for the XRP ETF. Asset managers such as Bitwise and Grayscale have filed applications, indicating optimism for eventual approvals. However, legal expert Jeremy Hogan warns that even if initial approvals come sooner than expected, the S-1 registration process could push the timeline into 2026, depending on the SEC's response.
With the conclusion of Ripple's legal battles, XRP establishes itself as a significant asset with regulatory clarity, fostering both optimism and caution in the anticipation of ETF approval.
