Will the XRP ETF Explode Like Bitcoins? Analysts Predict Major Upside as SEC Reviews Multiple Filings
- Lilly Mackani
- May 1
- 1 min read
The race to launch the first U.S.-based XRP exchange-traded fund (ETF) is heating up, with major players like Bitwise, Franklin Templeton, and 21Shares submitting applications to the Securities and Exchange Commission (SEC). This surge in institutional interest follows the SEC's decision to drop its case against Ripple, the company behind XRP, signaling a potential shift in regulatory stance.
As of April 30, 2025, XRP is trading at $2.20, reflecting a 4.35% decline from the previous close. Despite this, analysts remain optimistic about XRP's future, especially with the growing momentum behind ETF approvals.
The SEC has acknowledged multiple XRP ETF filings, including those from Bitwise and Franklin Templeton, marking the beginning of the agency's formal review process. While the SEC has delayed decisions on some applications, the overall trend suggests a more favorable environment for crypto ETFs, particularly under the current administration.
In parallel, ProShares is set to launch three new futures-based XRP ETFs, expanding the range of investment products available to institutional and retail investors. This diversification of XRP-related financial instruments is expected to enhance liquidity and attract a broader investor base.
The potential approval of XRP ETFs could have significant implications for the cryptocurrency market. ETFs offer a regulated and accessible way for investors to gain exposure to digital assets, potentially driving increased demand and price appreciation for XRP.
As the SEC continues its review process, market participants are closely monitoring developments, anticipating that the approval of XRP ETFs could mark a pivotal moment in the integration of cryptocurrencies into mainstream financial markets.
