As the Ripple vs SEC lawsuit nears its conclusion, the anticipation surrounding XRP ETFs has reached a fever pitch. With multiple asset managers receiving green light from the US Securities and Exchange Commission (SEC), the community is eagerly awaiting the regulator’s approval.
Offering a closer examination of the XRP ETFs’ current status and their possible approval dates, expert All Things XRP shared a series of X posts. Let’s examine the expert’s views and the spot Ripple ETFs’ possible launch.
Expert Reveals Possible Dates for Spot XRP ETFs Approval
In a recent X post, All Things XRP, a Ripple expert, shared insights into the current status of all nine spot XRP ETFs. Top asset managers Bitwise, Canary Capital, and 21Shares have officially tossed their hats into the XRP ETF arena, with the US SEC acknowledging their applications.
While the XRP community is eagerly awaiting the SEC’s regulatory approval of the Ripple ETFs and their potential launch, All Things XRP revealed crucial dates. All nine XRP ETF applications have cleared the initial hurdle, receiving formal acknowledgment from the US SEC, and are now awaiting further review.
Bitwise, 21Shares, Grayscale & Canary To Receive Approval in May
According to All Things XRP, the ETF applications submitted by prominent asset managers like Bitwise, 21Shares, Grayscale, and Canary Capital are poised to receive approval in May 2025.
Bitwise
Reportedly, investment giant Bitwise applied for its spot XRP ETF on October 2, 2024 and received the SEC’s recognition on February 18, 2025. As cited by the expert, Bitwise is expected to gain regulatory approval for its ETF by May 18, 2025.
Canary Capital
Canary Capital’s XRP ETF application, filed on October 8, 2024, and acknowledged by the SEC on February 18, 2025, is pending approval, with an expected decision date of May 22, 2025.
21Shares
21Shares filed for a Ripple ETF on November 1, 2025. The firm received green light from the US SEC on February 14, 2025. As highlighted by the expert, 21Shares also expects a regulatory approval for its ETF by May 22, 2025.
Grayscale
Investment behemoth Grayscale, which filed to convert its XRP Trust into an exchange-traded fund on January 30, 2025, secured the SEC’s acknowledgement on February 14, 2025. The expert predicted that the SEC will legally approve the platform’s Ripple ETF by May 21, 2025.
Asset Managers Pushing for XRP ETF Approval in July-August
Furthermore, All Things XRP pointed out that asset managers like WisdomTree and CoinShares are expected to gain approval for Ripple ETF launch by August.
WisdomTree
Filed on December 2, 2024, WidsomTree’s XRP ETF received the SEC’s recognition on February 19, 2025. Reportedly, the asset manager will gain regulatory approval for its exchange-traded fund by July 2025.
CoinShares
CoinShares submitted its XRP ETF application on January 24, 2025. The SEC acknowledged the application on February 19, 2025. And now, the platform expects its ETF to be approved by the Commission by August 2025.
All 9 Will Be Approved By December, Says Expert
Moreover, the expert predicts that all nine ETFs will be approved in 2025. This development comes on the heels of increasing whale activity within the XRP community.
ProShares
ProShares filed and received recognition for its ETF on January 17 and March 3, respectively. Further, the ETF is expected to gain SEC’s approval by November 2025.
Volatility Shares
Volatility Shares applied to launch its XRP ETF on March 7, 2025. The SEC recognized it on March 24. The estimated approval date for the ETF falls by December 2025.
Franklin Templeton
Franklin Templeton filed to launch its Ripple ETF on March 11 and gained recognition on March 27. As per the expert insights, the platform is expected to gain regulatory approval for its ETF by December. Recently, NYSE Arca approved the listing and registration of Teucrium’s 2X Long Daily XRP ETF.
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