news 
Is XRP ETF Coming in July?
Ripple has officially ended its cross-appeal with the U.S. SEC, dropping all appeals and agreeing to a $50 million settlement. This sudden turn of events lifts restrictions on Ripple’s institutional sales of XRP, paving the way for expanded business opportunities. The ripple effect is palpable as this settlement could potentially clear the path for a spot XRP ETF.
Top AI analyst AIXBT has predicted that ETF filings for XRP could arrive as soon as July. This claim echoes recent sentiments shared by ETF Store President Nate Geraci, who believes the end of the legal fight sets the stage for major players like BlackRock to become involved with XRP. Bloomberg analyst James Seyffart suggests that if new XRP ETFs pull in over $85 million in their first week, it would be viewed as a success, given XRP’s spot market size being approximately 7.5% of Bitcoin’s.
While there is no fixed timeline yet, the SEC is expected to make decisions by late 2025. Key players such as Grayscale, VanEck, Bitwise, and Canary Capital are all waiting with bated breath to see what actions the SEC will take next.
The XRP community is abuzz with excitement following Ripple’s announcement, and AI sentiment quickly picked up on the mood shift. It has described XRP as having the cleanest regulatory status in the crypto space, bolstering investor confidence and fuelling speculation about a potential ETF launch.
In the short term, AIXBT issued a warning, cautioning that traders may be getting too comfortable with long positions, hinting at possible near-term volatility. The AI suggested that while XRP’s long-term path looks clearer, short-term corrections could occur as traders rush in too early.
All eyes are now on July, with many eager to see if an XRP ETF filing materializes and, more importantly, if BlackRock is involved. Should this happen, it would mark a significant turning point for XRP, potentially transforming it from a regulatory underdog to a mainstream financial product.
Source: coinpedia.org
