Will This Groundbreaking XRP ETF Filing Finally Win SEC Approval?

TL;DR

• The US Securities and Alternate Fee continues to delay making a choice on numerous filings for spot XRP ETFs regardless of the current management change.
• Nevertheless, a brand new submitting with the company could have a greater likelihood of success.

NEW: @AmplifyETFs simply filed for an XRP choice earnings ETF pic.twitter.com/LbJQ6NOEeK

— James Seyffart (@JSeyff) August 29, 2025

New XRP ETF Submitting

Filed by Amplify ETFs, an Illinois-based funding firm with $12.6 billion in AUM as of July 31, the brand new XRP ETF utility will work fairly otherwise from an everyday spot one. For example, a spot ETF holds the underlying asset immediately, whereas the Choices Earnings variation makes use of choices methods (primarily lined calls) on XRP (on this case) to generate regular month-to-month earnings (yield) for its traders.

Usually, such ETFs achieve some type of publicity to the underlying asset (which might embody direct purchases), promote name choices on the holdings to gather premiums, and distribute the proceeds to traders as month-to-month earnings.

The choices expire on a month-to-month foundation, permitting the ETF to reset its technique on the finish of every month and pay earnings repeatedly to shareholders, which turns into a predictable however capped yield. As such, the Month-to-month Choices Earnings ETF depends extra on a gentle month-to-month earnings fairly than a large value surge for the underlying asset.

Higher Probability of Success?

The US SEC has seen quite a few modifications in its management and method to crypto regulation in 2025. The departure of Gary Gensler, who had led an all-out assault towards the business, allowed the regulator to undertake a extra reasonable method, leading to numerous dropped lawsuits, together with a positive resolution within the SEC v. Ripple case.

Nevertheless, the company is but to greenlight a spot XRP ETF, regardless that many futures-based ones noticed the sunshine of day. To this present day, the SEC retains delaying making a choice on all filings.

As such, many business contributors and commentators indicated that Amplify ETFs’ utility could possibly be permitted sooner, because it differs from an everyday spot XRP ETF.

However, prediction markets and specialists nonetheless believe that the SEC will greenlight a spot XRP ETF this yr. Information from Polymarket exhibits that the present odds for such a product to hit the US markets in 2025 are at nearly 90%.