XRP ETF Approval Likely Following SEC Decision

According to Odaily, Bloomberg analyst James Seyffart has indicated that an XRP ETF could be launched in the coming months, with the possibility of an XRP futures ETF being introduced first. This development follows the U.S. Securities and Exchange Commission's decision to withdraw its lawsuit against Ripple, increasing the likelihood of XRP ETF approval in 2025. Ripple CEO Brad Garlinghouse, in an interview with Bloomberg TV, revealed that the XRP ETF might be introduced in the latter half of 2025. Currently, there are approximately 11 applications from different companies awaiting approval from the SEC.