Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP ETF Approval: Implications for Cryptocurrency Market

XRP ETF Approval: Implications for Cryptocurrency Market

BitcoininfonewsBitcoininfonews2025/07/20 22:30
By:Bitcoininfonews
What to know:
  • XRP ETF application process extended, institutional interest strong.
  • XRP price may rise significantly if ETF approved.
  • No verified Ripple IPO plans for 2025 yet.
XRP ETF Approval: Implications for Cryptocurrency Market

The SEC extended its review for XRP ETF applications, including Franklin Templeton’s, until September 2025, intensifying institutional anticipation.

The extended review underscores potential regulatory hurdles and anticipates significant market interest and capital influx upon approval.

SEC Extends Review of Franklin Templeton’s XRP ETF

The SEC’s extension of XRP ETF application reviews indicates ongoing regulatory scrutiny. This applies to Franklin Templeton’s proposal, which may affect future ETF market entries.

Major players like WisdomTree, Bitwise, and Grayscale are involved, intensifying the push for ETF approval. The approval follows years of regulatory tension between Ripple and the SEC, stemming from a long-standing lawsuit.

XRP Price Surges Amid Investor Optimism

The initial approval of leveraged XRP ETFs has spurred investor optimism. XRP prices saw immediate gains, reflecting bullish sentiment and potential institutional influx.

The approval may initiate shifts in TVL and liquidity from other cryptocurrencies. Expectations include robust market reactions if a spot ETF sees annalement .

XRP’s Potential Path Echoes Bitcoin, Ethereum ETFs

Bitcoin and Ethereum ETFs previously set benchmarks for market reactions. Their introductions led to strengthened crypto valuations and increased interest.

Experts foresee that, similar to BTC and ETH, an approved XRP spot ETF could lead to significant price appreciation, backed by historical trends of financial asset influx.

“The SEC recently extended the review period for Franklin Templeton’s proposed XRP ETF until September 2025, highlighting the need for further market research and compliance checks.” — Hester Peirce, Commissioner, SEC
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!