The SEC has already approved an ETF Spot that includes XRP among other cryptocurrencies.
For Bloomberg analysts, the approval of an XRP ETF in 2025 is almost inevitable.
The idea of an XRP -based in stock -based background (ETF) gains more and more strength.
Above all, after the United States Stock Exchange and Securities Commission (SEC) approved A combined ETF that includes XRP Together with Bitcoin (BTC), Ethher (Eth), Solana (Sol) and Cardano (ADA).
While it is true that it is not a financial instrument based only on the cryptocurrency of Ripple Labs, its presence opens the doors so that the SEC approves an XRP ETF.
But will this be the first step towards a background to the exclusive XRP cash? Or the inclusion in a combined ETF will be as close as Ripple’s cryptocurrency of having its own product on Wall Street?
As Cryptonotics reported, James Seyffart and Eric Balchunas, Bloomberg Intelligence analysts, shared their forecasts about the possible approvals of new ETFs based on cryptocurrencies in the United States.
According to their estimates, there is a 95% probability that XRP ETFs are approved Before October 17, 2025. In that sense, Seyffart said that “a wave of new ETF is expected in this second half of 2025”.
As seen in the image, Canary Capital, 21Shares, Bitwise, Grayscale, Wisdomtree, Franklin Templeton and Coinshares, are the firms that have submitted their requests to the SEC to list these financial instruments.
The approval of an ETF would represent a new financial milestone for Ripple Labs. It is that in addition to increasing the visibility of XRP among institutional and retail investors, it could strengthen liquidity in its ecosystem.
While it is true that the focus is on what happens in the United States, the main financial power globally, it should be remembered that Brazil became the first country to launch a fund in Spot (in cash) of XRP. As Cryptonotics reported, the financial product issued by the Hashdex firm and managed by great investigations debuted in the market on April 26. Its name is Hashdex Nasdaq XRP Index Fund (XRPH11) and is available in the Brazilian Stock Exchange (B3). The Fund replicates the performance of the Nasdaq XRP (NQXRP) index, designed to reflect the price of the cryptocurrency developed by Ripple Labs.
For its part, an XRP ETF was also launched in Canada. The product, managed by Purpose Investments, was approved by the Ontario Securities Commission and began to quote on the Toronto Stock Exchange. It is a fund that offers direct exposure to the price to the cash of the cryptocurrency through a regulated instrument.
