Since the positive transformations in organizing the cryptocurrency are revealed under President Donald Trump’s second administration, speculation is escalating regarding possible approval of ETF Spot XRP applications.
This expectation is fueled by major changes in the US Securities and Exchange Committee (SEC), especially the appointment Paul Atkins As a new chair. Atkins is known for his pro -carbouto’s position as a departure from the strict organizational environment created by former President Gary Ginsner.
Speculation
XRP potential timing is ignited by reports of a possible meeting between Ripple Labs CEO, co -founder Chris Larsen and SEC Paul Atkins. Such discussions can pave the way to make specific decisions on XRP ETF applications.
Earlier this week, Pitkinist High SEC has set a new final appointment on June 17, 2025, either to agree or reject the XRP ETF request submitted by Asset Director Franklin Templeton or the start of another procedure to evaluate the proposal.
James Sevart, Bloomberg expert ETF, noted that although the deadline in June is decisive, the market participants must prepare for a series of expected decisions in the fourth quarter of 2025.
However, Bloomberg’s ETF expert indicated specifically to mid-October on the eighteenth of this year-as a pivotal date for a possible XRP ETF decision by the organizational body.
Ripple Labs see renewed hope
In addition to excitement, the Crypto Steph is recently Crypto on the social networking site X (previously) The informed suggests The meeting between Larsen and Takins, which is said to be held on May 2, can approach XRP ETF applications closer to reality. However, as of Thursday, no official confirmation or data has been issued by either party, leaving this scenario is uncertain.
The ongoing speculation of XRP ETF applications comes in a more suitable environment for Ripple laboratories, which have long called for organizational changes in the United States.
The previous administration has faced criticism for enforcement and lawsuits targeting the main players in the encryption sector, including Ripple Labs itself.
Since the resignation of Jensler on January 20, 2025, many lawsuits were against prominent companies such as Coinbase, Robinhood, UISWAP LABS and Kraken DeclineMore regulatory pressures.
This renewed optimism is not only the hopes of XRP ETF approval but also raises expectations for the manufacture of other traded investment funds, including those for Litecoin (LTC), Solana (SOL), Dogcoin (DOGE), and Cardano (Ada), which may also receive approvals later this year.
At the time of writing this report, XRP, the fifth coded coin in the market by value, is traded at $ 2.21, an increase of 8 % in fourteen days amid the optimism renewed in the market after a few difficult months.
Distinctive image from Dall-E, Chart from TradingView.com
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