Crypto Experts Say New SEC Rule Could Fast-Track XRP ETF Approvals

The U.S. Securities and Exchange Commission (SEC) recently made a rule change that could help speed up the approval of XRP exchange-traded funds (ETFs). Crypto lawyer Bill Morgan and analysts from Bloomberg think this update might finally push XRP ETFs closer to being approved . The change allows ETF shares to be created and redeemed using actual crypto assets, not just cash. A Step Forward for XRP ETFs In a recent X post, Crypto lawyer Bill Morgan said that the stalled XRP ETF applications could soon see progress. He believes the SEC’s recent policy update is a key reason. The agency now allows “in-kind” creation and redemption for crypto exchange-traded products (ETPs). This means market makers can use crypto, like XRP, instead of cash to create or redeem ETF shares. This technical update simplifies operations and reduces costs. Many in the industry view this as one of the final barriers preventing altcoin ETFs, such as those for XRP, from advancing. SEC Sets October 17 As Expected Date for XRP ETF Decisions Bloomberg ETF experts Eric Balchunas and James Seyffart also pointed out the importance of this development. Balchunas recently highlighted the SEC’s recent use of the phrase “order granting accelerated approval.” He noted that this could be a sign that the agency is working more quickly to make decisions. Seyffart added that altcoin ETFs might be approved sooner than expected. He also noted that the new rules allow for smoother crypto transactions within the ETF system, which may help with faster launches. In its official statement, the regulatory agency said the update brings Bitcoin (BTC) and Ethereum (ETH) ETPs in line with traditional commodity-backed ETFs, such as gold. The goal is to reduce trading issues and make the process more efficient. The SEC has set October 17, 2025, as the final deadline to decide on the current XRP ETF applications . With this policy change, many believe there is a better chance of seeing a positive outcome. Jamie Selway, Director of the SEC’s Division of Trading and Markets, said the change will give ETF issuers and market makers more flexibility. SEC Chairman Paul S. Atkins added that this step reflects the agency’s goal of building a clearer set of rules for crypto markets. XRP ETFs Already Live in Other Countries While U.S. regulators are still reviewing XRP ETF applications, other countries have moved faster. Brazil approved the world’s first spot XRP ETF in April, and many thought the U.S. would be next. Instead, Canada moved ahead. In June, three XRP ETFs launched on the Toronto Stock Exchange, trading under the tickers XRPQ, XRPP, and XRP. These products gave Canadian investors access to XRP through traditional financial platforms, and many say this may influence U.S. regulators to follow suit. The post Crypto Experts Say New SEC Rule Could Fast-Track XRP ETF Approvals appeared first on TheCoinrise.com .