- Bloomberg ETF analyst Eric Balchunas suggests a potential approval window for an XRP Exchange-Traded Fund between September and October.
- This prediction follows the U.S. Securities and Exchange Commission’s adoption of new listing standards specifically for crypto ETPs.
The digital asset market is closely observing developments surrounding a potential XRP Exchange-Traded Fund. Eric Balchunas, a prominent Bloomberg ETF analyst, has indicated that an approval could materialize as early as September or October of this year. Polymarket, puts it at an 86% chance (up 9% compared to previous month).
The SEC's "Listing Standards" for crypto ETPs is out via new exchange filing. BOTTOM LINE: Any coin that has futures tracking it for >6mo on Coinbase's derivatives exchange would be approved (below is list). It's about a dozen of the usual suspects, the same ones we had at 85% or… https://t.co/QlzZnta7Yv pic.twitter.com/CmBr8XxAcM
— Eric Balchunas (@EricBalchunas) July 30, 2025
This projection comes in the wake of the U.S. Securities and Exchange Commission’s recent establishment of new listing standards for crypto exchange-traded products.
SEC Adopts New Listing Standards for Crypto ETPs
The U.S. Securities and Exchange Commission recently finalized new rules governing the listing and trading of crypto ETPs on national securities exchanges. These updated standards are designed to provide a clearer regulatory framework for digital asset-backed financial products.
The adoption of these standards is a significant development, as it provides a defined pathway for various cryptocurrency ETFs seeking regulatory approval. Very recently, we saw Bitwise’s ETF appoval, and such listings are likely on the way for the rest of this year.
This regulatory clarity is viewed by some as a necessary precursor for broader institutional participation in the digital asset space.
Path to XRP ETF Approval Outlined
Balchunas’s prediction for an XRP ETF approval is underpinned by his analysis of these newly implemented SEC standards and the general progression of the crypto ETF landscape. The process for an ETF to gain approval involves meeting specific criteria related to market surveillance, custody, and investor protection.
The analyst’s timeline suggests that the necessary conditions and applications for an XRP ETF could align for a decision within the specified fall window. This development would mark a further integration of digital assets into mainstream financial instruments, potentially broadening access for a wider range of investors.
As of this update, XRP is trading at $3.11, up $0.02 (0.65%) over the past 24 hours, with a high of $3.17 and a low of $3.02.
