ETF analyst Nate Geraci expects the U.S. SEC could approve a spot XRP ETF by October 2025, a move that may attract significant institutional investment.
The SEC recently postponed decisions on multiple spot XRP ETF applications, pushing final deadlines into October, which experts see as the decisive month. Geraci, president of The ETF Store, noted that approval could arrive within 60 days and that momentum for crypto ETFs is building. He also pointed to the CLARITY Act, which could reshape how the SEC oversees digital assets and provide much-needed regulatory certainty.
The SEC’s delays affect filings from Bitwise, CoinShares, Canary Capital, Grayscale, and 21Shares, with October 18–19 set as the final review dates. If approved, XRP ETFs would offer regulated exposure for institutions, likely driving new inflows.
Geraci also suggested that approval for Ethereum spot ETF staking could arrive “any day now,” opening up yield opportunities for investors. Alongside potential products tied to Litecoin and Solana, he believes the remainder of 2025 will see a surge in crypto ETF launches.
The CLARITY Act, passed in the U.S. House and awaiting Senate review, aims to clearly define the roles of the SEC and CFTC while establishing rules for digital assets. One of its provisions allows tokens to transition from securities to commodities once decentralized, a change that could benefit projects like Ripple.
Crypto lawyer Bill Morgan echoed the October outlook, adding that Ripple is also awaiting a decision on its U.S. national banking license during the same month, further heightening anticipation for XRP’s regulatory future.
