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Is a spot XRP ETF about to be approved? Analyst gives timeline



According to industry insiders, the first US spot XRP ETF could be approved within the next two weeks. Senior Bloomberg ETF analysts revealed that 21Shares submitted Form 8 to the SEC on November 7, officially starting the 20-day automatic approval countdown—a result must be given no later than November 27.

What’s the background? The 5-year lawsuit between the SEC and Ripple concluded three months ago, which is seen as a major turning point in crypto regulatory attitudes. The US DTC platform has already listed XRP ETF filings from nine institutions, including Bitwise, Franklin Templeton, and Canary Capital.

What does this mean? Once approved, XRP’s trading volume, liquidity, and institutional participation will see a qualitative leap—this will be the next big move in the crypto market after BTC and ETH. Some analysts say that the US is now "within arm’s reach" of officially approving a spot XRP ETF.
XRP0.49%
BTC1.73%
ETH0.21%
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