Crypto expert Ripple Van Winkle has shared insights into XRP Spot ETF applications and anticipation of SEC decisions.
Current XRP ETF Applications
Several major asset managers, including Bitwise, 21Shares, and Grayscale, have filed for XRP Spot ETFs. Most filings were acknowledged by the SEC in February 2025, with final decision deadlines set for October 2025. Bitwise stands out as the first to file, already offering an ETP holding over 109 million XRP in cold storage.
Institutional Interest and Market Outlook
The growing institutional demand is highlighted by notable firms like Grayscale and Franklin Templeton. Innovative structures are also proposed for XRP, including integration with other digital assets. For example, 21Shares filed to list its XRP Trust shares in November, and Grayscale is seeking to convert its XRP Trust into a Spot ETF.
Key Dates and Expert Opinions
Deadlines range from October 18 for Grayscale to October 25 for others. Expert opinions indicate a likely approval from the SEC, with many confident in the high chance of successful endorsement. Social media reflects rising optimism within the community, noting an increased likelihood of XRP ETF approval.
The situation with XRP Spot ETFs continues to evolve, with increasing expectations of institutional interest in this sector.
