Ah, XRP! The token that seems to have more ups and downs than a hyperactive pogo stick on a trampoline. Just when you thought it was safe to go back into the crypto waters, the SEC decides to hit the pause button on multiple ETF applications, leaving Ripple’s beloved token gasping for air like a fish out of water. 🐟💦
XRP ETF To Approve By October
According to the ever-optimistic Nate Geraci, President of The ETF Store (which, by the way, sounds like a delightful place to buy ETFs and perhaps a nice cup of tea), the U.S. Securities and Exchange Commission (SEC) has decided to take its sweet time with several pending XRP ETF filings. New deadlines are now set for mid-October, which is just around the corner-unless you’re in a time warp, in which case, good luck with that!
Meanwhile, some of the biggest names in the industry-Bitwise, CoinShares, 21Shares, Grayscale, and Canary Capital-are all waiting with bated breath for approval. The final rulings are expected to drop between October 18 and 25, which is just in time for Halloween. 🎃
Spot crypto ETF floodgates appear set to open in next two months…
Full regulatory framework should be in place for spot crypto ETFs.
Spot ETH ETF staking approval any day now IMO.
Clarity Act now in Senate.
Remainder of year should be wild.
– Nate Geraci (@NateGeraci) August 20, 2025
Now, while these delays might feel like waiting for a bus that’s perpetually late, they also suggest that the SEC is taking extra time to carefully study the risks and impacts of approving an XRP ETF. Because, you know, it’s not like they have anything better to do, right? 🙄
In a twist of fate that could only be described as mildly optimistic, prediction market Polymarket shows a 78% chance that an XRP ETF will be approved before the end of this year. So, if you’re a betting person, you might want to consider investing in a crystal ball instead. 🔮
October Could Be Turning For Ripple
Legal experts, who are probably just as confused as the rest of us, like Bill Morgan, agree that October could be pivotal-not just for ETF approval, but also because Ripple is expecting a decision on its U.S. national banking license application. If both events go in Ripple’s favor, October may become one of the most defining months in XRP’s history. Or at least a month to remember for the family scrapbook.
Regulatory Clarity and ETH Staking
Adding to the momentum (and the confusion) is the recently passed CLARITY Act, which is now awaiting Senate approval. This act could bring clear rules for digital assets, allowing tokens to shift from securities to commodities once they’ve achieved a state of decentralization. It’s like a rite of passage for tokens, really. 🎓
Geraci also pointed out that the SEC may soon approve Ethereum spot ETFs with staking features, which could add yield opportunities for investors. If true, this would set a strong precedent for altcoin-focused ETFs, further supporting the case for XRP. Because who doesn’t love a good precedent? It’s like a legal high-five! ✋
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2025-08-20 15:39