There is no shortage of excitement for the growth of the cryptocurrency sector in 2025. The asset class has seen the US embrace a near-complete overhaul of its crypto policy. Indeed, that could lead to the arrival of an XRP ETF, which has received a new countdown for US Securities and Exchange Commission (SEC) approval.
The process for approving a crypto-based investment vehicle is never simple. However, recent developments show that the Ripple native token could be the latest to join the growing list of offerings in the US. With the ongoing process taking an important turn, here’s what investors should know.
Also Read: XRP Surges 7% As Brazil Will Launch World’s First Spot ETF
XRP ETF Faces New Timeline for SEC Approval: So When Will Investors Know?
For the last several years, the cryptocurrency sector saw the SEC and Ripple face off in a legal battle that would hinder the growth of the digital payment platform. Yet, with the arrival of the first pro-crypto president in US history and a revamped agency, things are looking far different in 2025.
Just this week, Brazil approved the first Ripple ETF in world history. Now, the North American country may be set to join them soon. Indeed, the ongoing XRP ETF process has seen a new timeline for SEC approval emerge. So, just what do investors need to know about the developing process countdown?
Source: Pensions & Investments
Also Read: XRP ETF Filing Accepted by SEC —Is Crypto’s Next Big ETF Wave Coming?
According to a report from Fox Business reporter Eleanor Terrett, the SEC now has 240 days to decide on the XRP-based investment product. Following the publication of 19b-4 filings for two of the exchange-traded funds, a new deadline to issue a decision has emerged.
The cryptocurrency market could see the arrival of both the Grayscale XRP Trust and 12Shares Core XRP Trust by October 18th. Moreover, its presence could bring about a monumental shift in the overall industry. To go from a seemingly neverending legal battle to one of just three crypto-based ETFs in the United States would be groundbreaking for the country’s continued crypto shift.
