Speculation Rises as US SEC’s Closed Meeting Hints at Possible XRP ETF Approval
The US SEC’s upcoming closed-door meeting on Thursday has sparked speculation that an XRP ETF approval could be on the horizon, fueling investor optimism. The SEC’s agenda has specifically mentioned Bitwise’s XRP ETF, adding to expectations that regulatory approval may be imminent.
📢 Is the SEC Poised to Approve an XRP ETF?
The SEC’s increasing acknowledgment of XRP-based ETFs has fueled optimism in the crypto community. In a notable development, the SEC has scheduled a closed meeting on February 27, 2025, with discussions surrounding XRP ETFs on the agenda.
🔹 Bitwise’s XRP ETF is officially listed for discussion at the meeting.
🔹 Grayscale’s XRP ETF is under SEC review, with a final decision expected by October 18, 2025.
🔹 Market sentiment is rising, with traders anticipating an early approval.
With the SEC’s recent 240-day review period for Grayscale’s XRP ETF filing, the crypto community is closely watching whether this week’s meeting will bring any major announcements.
🚀 Grayscale’s XRP ETF Review & Potential Approval Timeline
Grayscale filed to convert its $16 million XRP Trust into an ETF in January 2025. Since then, the SEC has taken key steps, including:
📌 Acknowledging the application—making it the first XRP ETF under SEC review.
📌 Listing it in the Federal Register, which started the official review process.
📌 Setting an October 18, 2025 deadline for a final approval or rejection.
Although Grayscale’s XRP ETF was not explicitly mentioned in the SEC’s meeting agenda, analysts believe that additional XRP ETF filings could soon be acknowledged.
Bloomberg ETF expert James Seyffart noted that more SEC recognitions could happen soon, especially after Grayscale recently filed for a Polkadot ETF.
⚖️ Could a Ripple Lawsuit Settlement Come First?
Some legal analysts suggest that a resolution of the Ripple lawsuit may need to happen before an XRP ETF approval.
📌 Legal expert MetaLawMan predicts that the Ripple lawsuit settlement could conclude before April 16, 2025.
📌 Attorney Jeremy Hogan believes a settlement must occur first before the SEC greenlights an XRP ETF.
📌 The SEC’s recent settlements with Coinbase and Robinhood have raised hopes for a swift resolution to Ripple’s legal battle.
With growing regulatory clarity, XRP’s future as an ETF-traded asset looks increasingly promising.
📉 XRP Price Declines Despite Growing ETF Optimism
While anticipation for an XRP ETF approval has boosted market confidence, XRP’s price has struggled:
🔻 XRP has dropped to $2.21, down 10% in a day.
🔻 It has fallen 15.7% over the past week and 28.8% over the last month.
🔻 XRP has slipped to the 4th spot on CoinMarketCap, with a market cap of $128 billion.
Despite this, trading volume has surged by 215.8%, reflecting heightened investor interest as the ETF speculation builds.
🔥 What’s Next?
🔹 Will the SEC approve an XRP ETF this week?
🔹 Will the Ripple lawsuit settlement happen before regulatory approval?
🔹 How will XRP’s price react if an ETF gets approved?
With SEC discussions underway, all eyes are on Thursday’s closed meeting for potential XRP ETF developments. Stay tuned! 🚀
