SEC Is About to Approve XRP Spot ETFs. Here’s What SEC and CFTC Just Did

Bale (@AltcoinBale), a crypto enthusiast, recently stated that the ￰0￱ and Exchange Commission (SEC) is about to approve all pending spot XRP ETFs based on the latest SEC-CFTC joint ￰1￱ August 2025, the SEC extended decision deadlines on several filings, including those from Grayscale , 21Shares, Bitwise, CoinShares, and WisdomTree, pushing most rulings into ￰2￱ Templeton’s filing is scheduled for ￰3￱ these postponements, regulatory clarity around XRP has improved significantly, especially after Ripple and the SEC dismissed their appeals and ended the legal ￰4￱ Joint SEC-CFTC Statement The image shared shows an official SEC publication titled “SEC-CFTC Joint Staff Statement (Project Crypto-Crypto Sprint),” dated September 2, ￰5￱ document represents a coordinated effort between the SEC and the Commodity Futures Trading ￰6￱ SEC is about to approve all of the XRP Spot ETFs ￰7￱ — BALE (@AltcoinBale) September 2, 2025 It states that the SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk are working together to address the process for enabling trading of certain spot crypto asset ￰8￱ statement builds on recommendations from the President’s Working Group on Digital Asset Markets, which emphasized strengthening ￰9￱ in digital financial technology and blockchain ￰10￱ agencies highlighted their intent to issue guidance on listing leveraged, margined, or financed spot retail commodity transactions on digital assets.

Importantly, the joint statement affirms the view that current law does not prohibit SEC- or CFTC-registered exchanges from facilitating trading of spot crypto asset ￰11￱ This Could Mean for Spot XRP ETFs This joint approach could accelerate the regulatory framework for approving spot XRP ￰12￱ aligning on authority and scope, the SEC and CFTC appear to be laying the groundwork for smoother consideration of pending ￰13￱ the SEC and CFTC succeed in finalizing clear procedures, the probability of approval for multiple XRP spot ETFs may rise sharply. Meanwhile, Bloomberg has raised the probability of XRP ETF approval to 95% , and applicants such as Grayscale, which expect decisions in October, would benefit from an established framework that reduces ￰14￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The SEC-CFTC statement represents a pivotal step in unifying cryptocurrency ￰15￱ deadlines approaching and agencies signaling readiness, XRP could soon see its long-awaited spot ETFs approved, setting the stage for wider adoption and stronger market ￰16￱ : This content is meant to inform and should not be considered financial ￰17￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰18￱ are advised to conduct thorough research before making any investment ￰19￱ action taken by the reader is strictly at their own ￰20￱ Tabloid is not responsible for any financial ￰21￱ us on X , Facebook , Telegram , and Google News