XRP ETF approval is now being predicted with near-total certainty by seasoned market professionals, signaling a potential game-changer for investors in the crypto space. This prediction underscores the increasing alignment between traditional finance and digital assets as regulatory bodies warm up to exchange-traded funds based on cryptocurrencies.

Market Veteran Expresses Strong Confidence

Prominent trader and influencer JackTheRippler recently stirred interest within the investing community by announcing that the odds of an XRP ETF receiving regulatory approval stand at almost 100%. Though not a definitive guarantee, the statement reflects mounting optimism as a host of similar crypto ETFs—especially after recent approvals of spot Bitcoin ETFs—pave the way for additional digital asset funds.

This growing sentiment comes on the heels of prior XRP-related developments. The crypto has faced regulatory challenges in the past, including legal friction with the SEC. However, with a partial court victory and clarification on XRP’s classification as not a security in some contexts, investor confidence and institutional interest have resurged.

Comparisons With Bitcoin and Ethereum ETFs

Much of this optimism is driven by the successful listing of Bitcoin ETFs, which have garnered deep market interest and credible institutional backing. Ethereum has seen similar momentum, prompting speculation that XRP may be next in line for ETF approval.

Experts argue that XRP’s functionality as a utility token that facilitates cross-border payments places it on firm footing. Its role in global remittances and financial infrastructure presents a compelling case for inclusion in diversified crypto funds.

Impact on the Cryptocurrency Market

Should an XRP ETF gain approval, analysts predict a cascade of benefits. These include increased market liquidity, more mainstream adoption, and growing exposure through legitimate investment channels. Retail investors would gain easier access to XRP, reducing reliance on crypto exchanges and minimizing regulatory exposure.

The approval process hinges heavily on regulatory clarity. The U.S. Securities and Exchange Commission has been known for its stringent stances in the past. However, its recent flexibility with Bitcoin and Ethereum ETFs suggests a potential shift in evaluation metrics moving forward.

How Close Is ETF Approval?

While no formal filing has been made public yet regarding an XRP ETF, investment firms and stakeholders are carefully gauging the timing. Given the precedent set by Bitcoin and Ethereum funds, market players are preparing to act swiftly once support from regulators is signaled.

JackTheRippler’s tweet aligns with broader institutional sentiment. Many believe that regulatory bodies are laying the groundwork for a more inclusive approach to asset-backed cryptocurrency products. XRP’s compliance measures and broad utility within decentralized finance make it a logical candidate for such future endeavors.

A conceptual look at blockchain infrastructure supporting crypto ETFs like XRP.

The Bigger Picture for XRP and Ripple

Ripple, the company behind XRP, has made significant strides in global finance, targeting solutions for real-time gross settlement systems, currency exchange, and remittance networks. These use cases align more closely with institutional financial flows than retail speculation, bolstering its credibility as a secure, utility-focused asset.

If an XRP ETF is approved, Ripple’s standing in the fintech world is expected to strengthen further. Not only would such a move bring broader exposure, but it could also reinforce Ripple’s efforts to separate XRP’s utility from past regulatory scrutiny.

Related: XRP Price: $12M Max Pain for Bears

For now, crypto markets—and XRP holders in particular—are watching closely for updates. While nothing is final, the recent messaging from market veterans points toward a positive trajectory. If trends continue, the launch of an XRP ETF could be a defining moment for the crypto’s mainstream adoption journey.