XRP Gains Momentum in U.S. ETF Race as Regulatory Hurdles Ease

XRP holds 10 active ETF filings, outpacing Solana (5), Litecoin, and Dogecoin (3 each) in SEC review queues. SEC-approved leveraged XRP ETF sets precedent; analysts question delays for simpler spot products amid rising liquidity. The SEC has approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum, shifting attention to which cryptocurrency might follow. Data from research firm Kaiko indicates XRP is currently positioned as the frontrunner among altcoins for potential ETF approval, outpacing competitors like Solana, Dogecoin, and Litecoin. ETF Filings Highlight XRP’s Lead XRP currently has 10 active ETF applications under SEC review, according to public records. Solana trails with five filings, while Litecoin and Dogecoin each have three. ETHNews analysts suggest this numerical advantage reflects institutional confidence in XRP’s regulatory clarity compared to other altcoins. Source: kaiko Report Market liquidity, a metric prioritized by the SEC in ETF evaluations, further strengthens XRP’s case. Data from Kaiko shows XRP maintains the deepest “1% market depth” — a measure of buy and sell orders near current prices — across major exchanges. This liquidity reduces price volatility risks, a frequent concern for regulators. By late 2024, XRP’s market performance had also overtaken Solana, with its trading volume doubling that of Cardano. Source: kaiko Report A recent SEC decision to approve Teucrium’s leveraged XRP ETF (XXRP) — designed to amplify daily returns — has sparked debate. Legal experts argue that if a complex leveraged product passes regulatory scrutiny, a simpler spot ETF faces fewer logical barriers. “The SEC’s stance appears inconsistent,” noted one analyst. “A leveraged ETF carries more risk, yet it was greenlit first.” Changes in SEC leadership could accelerate progress. Former Chair Gary Gensler, known for cautious crypto policies, has been replaced by Paul Atkins, who advocates for clearer digital asset regulations. Observers speculate this shift may streamline pending ETF decisions. Grayscale, VanEck, and Bitwise are among firms seeking XRP ETF approval. The SEC’s response to Grayscale’s application, expected by May 22, could signal broader intentions. Meanwhile, prediction platform Polymarket estimates an 80% likelihood of a spot XRP ETF launching before 2026. Ripple’s recent legal resolution with the SEC has also eased uncertainties. CEO Brad Garlinghouse confirmed the company’s courtroom disputes concluded in 2023, removing a major obstacle cited by ETF skeptics. While no altcoin ETF approvals are guaranteed, XRP’s combination of liquidity, regulatory progress, and institutional interest positions it as a likely candidate. Traders will watch the SEC’s May 22 decision closely, as it could set the tone for crypto investment products in 2025. Source: Tradingview Ripple (XRP) is currently trading at $2.108, reflecting a slight 0.84% daily decline, but still holding strong af in a formal or creative style, maintaining a 500 word count. You must only respond with the modified content. Change the tone of my title “XRP holds 10 active ETF filings, outpacing Solana (5), Litecoin, and Dogecoin (3 each) in SEC review queues. SEC-approved leveraged XRP ETF sets precedent; analysts question delays for simpler spot products amid rising liquidity. The SEC has approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum, shifting attention to which cryptocurrency might follow. Data from research firm Kaiko indicates XRP is currently positioned as the frontrunner among altcoins for potential ETF approval, outpacing competitors like Solana, Dogecoin, and Litecoin. ETF Filings Highlight XRP’s Lead XRP currently has 10 active ETF applications under SEC review, according to public records. Solana trails with five filings, while Litecoin and Dogecoin each have three. ETHNews analysts suggest this numerical advantage reflects institutional confidence in XRP’s regulatory clarity compared to other altcoins. Source: kaiko Report Market liquidity, a metric prioritized by the SEC in ETF evaluations, further strengthens XRP’s case. Data from Kaiko shows XRP maintains the deepest “1% market depth” — a measure of buy and sell orders near current prices — across major exchanges. This liquidity reduces price volatility risks, a frequent concern for regulators. By late 2024, XRP’s market performance had also overtaken Solana, with its trading volume doubling that of Cardano. Source: kaiko Report A recent SEC decision to approve Teucrium’s leveraged XRP ETF (XXRP) — designed to amplify daily returns — has sparked debate. Legal experts argue that if a complex leveraged product passes regulatory scrutiny, a simpler spot ETF faces fewer logical barriers. “The SEC’s stance appears inconsistent,” noted one analyst. “A leveraged ETF carries more risk, yet it was greenlit first.” Changes in SEC leadership could accelerate progress. Former Chair Gary Gensler, known for cautious crypto policies, has been replaced by Paul Atkins, who advocates for clearer digital asset regulations. Observers speculate this shift may streamline pending ETF decisions. Grayscale, VanEck, and Bitwise are among firms seeking XRP ETF approval. The SEC’s response to Grayscale’s application, expected by May 22, could signal broader intentions. Meanwhile, prediction platform Polymarket estimates an 80% likelihood of a spot XRP ETF launching before 2026. Ripple’s recent legal resolution with the SEC has also eased uncertainties. CEO Brad Garlinghouse confirmed the company’s courtroom disputes concluded in 2023, removing a major obstacle cited by ETF skeptics. While no altcoin ETF approvals are guaranteed, XRP’s combination of liquidity, regulatory progress, and institutional interest positions it as a likely candidate. Traders will watch the SEC’s May 22 decision closely, as it could set the tone for crypto investment products in 2025. Source: Tradingview Ripple (XRP) is currently trading at $2.108, reflecting a slight 0.84% daily decline, but still holding strong af” for a more friendly approach. Keep the content length about the same. You must only respond with the modified content.