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Wall Street Pro-Ripple Legal Advisor claims XRP ETF is Too Profitable to Overlook

Wall Street giant BlackRock contemplating XRP Exchange-Traded Fund (ETF) launch; pro-XRP attorney John Deaton opines mainstream finance is too avaricious to pass up on the opportunity.

Securities Market Deemed 'Overly Avaricious' for Ignoring XRP ETF, Argues Legal Advocate Aligned...
Securities Market Deemed 'Overly Avaricious' for Ignoring XRP ETF, Argues Legal Advocate Aligned with Ripple

In the dynamic world of cryptocurrencies, the prospects for an XRP exchange-traded fund (ETF) have seen a significant boost following the conclusion of the Ripple vs. SEC case [1][2][3][4]. This development could potentially transform XRP’s market trajectory and institutional adoption, with optimism surging that a spot XRP ETF could be approved as early as late 2025 or mid-2026 in the U.S.

The end of the SEC lawsuit has provided crucial regulatory clarity by resolving XRP’s contentious classification as a security, a major hurdle that had been hindering ETF approval [2][3][4]. This resolution has sparked optimism among industry experts and market prediction platforms, who now assign a very high probability (up to 95%) to XRP spot ETF approval within 2025 [3][4][5].

The success of futures-based XRP ETFs in the U.S., along with the operation of XRP ETFs in countries like Canada, Brazil, and Europe, has proven market demand and regulatory feasibility abroad [1][3]. Moreover, new listing standards introduced by major U.S. exchanges (NASDAQ, NYSE, CBOE) could facilitate XRP ETF approval once XRP meets criteria such as having a regulated futures market for over six months [3]. With XRP futures markets live on CME and Coinbase since early 2025 [3], it seems that the groundwork is being laid for a spot XRP ETF.

Institutional interest in XRP is growing, with an XRP ETF seen as pivotal for legitimizing the token, attracting large-scale investments, and potentially driving XRP price substantial gains—analysts project prices of $4 to over $12 if a spot ETF is approved [1][2][4]. This growth in institutional interest, combined with a surge in XRP's volume of 190% [6], indicates increased interest in the cryptocurrency.

However, while confidence is high, some uncertainty remains since regulatory processes are never fully guaranteed [3]. Additionally, concerns about XRP’s market valuation and potential sell-offs persist but have not diminished enthusiasm for the ETF’s role in broader adoption and market growth [1].

In summary, the conclusion of the Ripple vs. SEC case has markedly accelerated expectations and momentum toward an XRP spot ETF approval in the U.S. Major asset managers may now consider expanding their product offerings to include XRP ETFs, potentially boosting the liquidity of XRP in the market [7]. The increased volume and potential for new ETFs could have a significant impact on the future of XRP and its ETF market.

References:

  1. Bloomberg
  2. CoinDesk
  3. CoinTelegraph
  4. Decrypt
  5. Polymarket
  6. CoinMarketCap
  7. ETF Store
  8. Amidst the surge in optimism, industry experts and prediction platforms estimate a high probability (up to 95%) of a bitcoin ETF approval by late 2025 or mid-2026, banking on the positive outcome of the Ripple vs. SEC case.
  9. The flourishing demand for XRP, as evidenced in foreign countries like Canada, Brazil, and Europe, and the operation of XRP ETFs, points towards the feasibility of such financial products in the technology-driven cryptocurrency market.
  10. With the success of futures-based ETH ETFs and the introduction of new listing standards by major U.S. exchanges, altcoins like Ethereum could potentially see their own ETFs in the future, should they meet the necessary criteria.
  11. Technology and finance collide as institutional investments in crypto news like the potential approval of a bitcoin ETF are seen as a legitimate avenue for significant gains, boosting the attractiveness of investing in cryptocurrencies.

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