Ripple’s SEC Settlement Sparks XRP ETF Hopes Amid High Approval Odds

Ripple and the U.S. Securities and Exchange Commission (SEC) have settled their dispute over XRP. Now the focus is on when and how the Ripple cryptocurrency will be listed on traditional exchanges as an XRP ETF.

For Ripple (XRP), this crypto week brought a breakthrough in its legal dispute with the U.S. Securities and Exchange Commission (SEC), with a crypto-friendly settlement being reached. This significantly increases the chances of XRP ETFs being approved, as such financial instruments fall under the jurisdiction of the SEC. The Ripple community hopes that XRP ETFs will have a positive impact on the price curve, as Bitcoin ETFs for BTC have done. What can we expect?

The SEC currently has eleven applications for XRP ETFs. These are in good company with initiatives for a variety of crypto ETFs, including Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC), which also aim to follow Bitcoin’s example. The SEC has officially registered dozens of applications, which is already considered a concession.

However, decisions on XRP ETFs and those for other altcoins have recently been postponed by the SEC. Observers believe the SEC wants to wait for the confirmation of its designated new chairman, Paul Atkins, which is scheduled to take place in the US Senate this Thursday.

Betting market: XRP ETFs debut in 2025 with 85 percent probability

ETF specialists like Bloomberg’s James Seyffart estimate the chances for XRP ETFs following the agreement between Ripple and the SEC at over 65 percent. On the betting market Polymarket , the odds have risen to 85 percent that the SEC will approve XRP ETFs this year.

However, experts point out one detail: It is likely that the SEC will first give the “green light” to XRP future ETFs and only then address ETFs that track the current market price (“spot market”). The SEC also proceeded in the same way in the approval processes for the Bitcoin and Ethereum ETFs. Solana cleared the future ETF hurdle this month, potentially putting itself ahead in the race to be the first altcoin to receive the honor of a real ETF in 2025.

Conclusion: XRP ETFs with good prospects for approval

If the SEC exhausts its deadlines, it would not have to make a final decision on the oldest applications for XRP ETFs until mid-October. However, the crypto scene hopes that the SEC will accelerate its efforts once Paul Atkins takes over as CEO.

The major US bank JP Morgan predicts that XRP ETFs could attract up to $8 billion in capital in their first year – that would be no small feat given Ripple’s cryptocurrency’s current market capitalization of just under $140 billion. But it’s also worth remembering the old stock market adage, “Everything is already priced in” – ETFs alone won’t automatically enable XRP to continue the rally it began in November 2024.

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