It’s the kind of news that makes you wonder if the world’s spinning on a giant hamster wheel. On Twitter, the oracle of crypto, Geraci-who probably knows things the rest of us can only guess at-said that in just two weeks, we might see the very first XRP ETF slot into the wild financial jungle. And would you look at that-thanks to the government going on vacation (aka shutdown), the regulators have gone quiet, and suddenly, the door’s wide open. Like a bouncer who’s just remembered he left his bad attitude at home. His words echoed all across the crypto cosmos, with Gemini and other bold market prophets nodding along, eyes shining with hope and maybe a little greed.
Many Filings, One Grand Final-The Techno-Ballet Continues
According to SEC records (the paper trail of dreams and delays), Grayscale was the first in line on October 17. A parade of hopefuls followed-21Shares, Bitwise, Canary Capital, CoinShares, and WisdomTree-all waiting on the edge of their seats. Yet, the government’s prolonged nap (the shutdown) kept everyone twiddling thumbs till late October. Oh, the drama!
Sometime in next two weeks, I expect launch of first spot xrp ETFs…
SEC had open litigation against Ripple for past five years, up until three months ago. Imagine that, five years of courtroom drama.
IMO, launch of spot xrp ETFs is like the final nail in the coffin of anti-crypto regulators. Bye-bye, buzzkill!
We’ve come a LONG way. Like, from zero to hero… or at least, to the edge of a new era.
– Nate Geraci (@NateGeraci)
Canary Capital, the overachiever, has upped its game, tweaking its application for a November 13 debut. They’ve already scored quick approvals for Litecoin and HBAR ETFs, so XRP might just be the next cakewalk. Meanwhile, Bitwise has jazzed up its filing with a tiny management fee and plans to strut onto the NYSE Arca stage.
Eric Balchunas from Bloomberg adds some spice, hinting that all these filings are racing against a ticking clock-like a game of crypto chicken. He suggests the XRP approval window “could open any day now”-so keep your eyes peeled, or just keep refreshing your news feed like a caffeine-fueled gambler.
Ripple’s Legal Victory-The Long Road to Victory Lane
Here’s where it gets good-after years of lawyerly battles and courtroom melodrama, Ripple finally beat the SEC. Earlier this year, under what some call a “less hostile” administration (hey, even regulators have bad days), the case was closed. This legal victory is less about laws and more like a heavyweight boxer finally climbing into the ring, battered but victorious.
Geraci-probably dressed in a crystal ball-says this is a game-changer. The approval of spot XRP ETFs isn’t just a win for Ripple; it’s like the industry finally cracked the secret code. “The launch of spot XRP ETFs is the final nail in the coffin of previous anti-crypto regulators,” he quips, as if he’s been waiting his whole life for this moment.
With XRP hanging around near multi-year peaks after the courtroom saga, these ETF listings could propel it into the crypto stratosphere, possibly making 2025 its crown jewel.
Disclaimer: This isn’t financial advice. Your pet goldfish could probably do better. Do your own homework, talk to the pros, and don’t blame me when your crypto dreams turn into meme material.
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2025-11-03 22:51