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XRP ETF Approval Hopes Rise as Futures and Filings Gain Momentum

3 hours ago
Bitcoin Ethereum News

TLDR

  • XRP futures contracts on the CME reached $1 billion in open interest within just three months, marking a record achievement.
  • Experts predict strong demand for spot XRP ETFs based on the success of XRP futures products.
  • Over $800 million is already invested in futures-based XRP ETFs, indicating clear investor interest for spot XRP ETFs.
  • The SEC extended the review period for several XRP ETF filings, with decisions expected by October 2025.
  • Pro-crypto lawyer John Deaton believes the global XRP community will drive significant demand for spot XRP ETFs.

The debate around XRP ETF demand has intensified after the Ripple vs SEC lawsuit officially closed. Market experts now expect significant traction for spot XRP ETF approvals. Analysts point to strong futures activity and recent filings as indicators of likely investor inflows.

$800 Million Invested in Futures XRP ETFs

XRP futures contracts on the CME Group reached $1 billion in open interest in just three months. Analysts noted this record was the fastest achieved compared with other crypto futures. Consequently, experts believe the futures success will directly support spot XRP ETF demand.

Nate Geraci, President of ETF Store and host of ETF Prime, highlighted the underestimated demand potential. He said, “People are underestimating demand for the spot XRP ETFs.” His statement underscores growing optimism among professionals closely tracking regulatory decisions.

Furthermore, over $800 million is already invested in futures-based XRP ETFs. Experts believe this trend indicates a clear appetite for spot products. Therefore, the futures market performance strengthens arguments for eventual XRP ETF approval.

Franklin Templeton Faces October Deadline for XRP ETF

Bitwise, WisdomTree, Canary Capital, 21Shares, CoinShares, Grayscale, and Franklin Templeton have filed for spot XRP ETFs. The SEC extended the review period for most funds, including the WisdomTree filing, until October 24, 2025. However, Franklin Templeton’s deadline remains due next month.

The final deadlines arrive in October when the SEC must approve or deny the rule changes. Analysts recall that courts forced the SEC to approve spot Ethereum ETFs after approving similar futures. Consequently, observers argue that consistent logic could drive XRP ETF approvals.

Several fund managers have also submitted amended S-1 filings with the SEC. Bloomberg analyst James Seyffart described this as a positive sign of regulatory engagement. Therefore, the amendment process suggests active dialogue between applicants and regulators regarding XRP ETF structures.

XRP Community’s Influence Drives ETF Demand

Pro-crypto lawyer John Deaton also predicted massive demand for spot XRP ETFs. He compared this to his earlier forecast that Gemini’s XRP card would become the most popular. His confidence relies heavily on XRP’s active and global community.

Deaton highlighted that 75,000 XRP holders from 143 countries joined the Ripple case as amici curiae. He stated this level of participation was unprecedented in any securities case. Consequently, the involvement demonstrates the community’s potential role in supporting XRP ETF demand.

Nate Geraci and John Deaton both emphasize organic interest and retail support. They believe this combination will fuel substantial inflows into XRP ETFs. Therefore, experts expect approval to unleash considerable momentum in crypto investment products.

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Source: https://blockonomi.com/xrp-etf-approval-hopes-rise-as-futures-and-filings-gain-momentum/