Is XRP ETF Approval Too Good to Be True? Experts Say “Ready Your Wallets!” 💸

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In a twist worthy of a satirical play, the SEC, that arbiter of financial fates, has asked issuers of spot ETFs – including the elusive XRP – to withdraw their 19b-4 filings. One might think this is a setback. But no! Bloomberg’s oracle, Eric Balchunas, declares the odds of approval almost as certain as the Russian winter – nearly 100%, he says, as if counting stars on a bleak night. 🌌

And thus, a bullish whisper winds through the market alleys: XRP might, perhaps, dare to ascend to $33. Such optimism is as infectious as a cough in a stuffy railway carriage.

Crypto ETF Approval: Inevitable, Like a Train You Can’t Miss

Eric Balchunas, a man who speaks for Bloomberg and possibly the muses themselves, jumped into the fray following journalist Eleanor Terrett’s piece about the SEC’s peculiar demand. Issuers of numerous spot ETFs-Litecoin, Solana, Cardano, Dogecoin-were told to withdraw their filings as if clearing the stage for a grand performance yet to come.

Balchunas, with what might be mistaken for resigned wit, explained the new “generic listing standards” have rendered the old 19b-4 filings as useful as a teapot in a thunderstorm. Everything is simplified, he proclaimed, and the final curtain will rise only after the Corporation Finance division gives a nod. 

“Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their ‘clock’ meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready.”

– Eric Balchunas (@EricBalchunas) September 29, 2025

So, only one thing stands between us and ETF glory: the final blessing from the cryptic offices of SEC Corp Finance. To wait, then – and perhaps wonder if this is a patient game or a belief in fairy tales.

October: The Month of Reckoning for XRP ETFs

The SEC, like a stern schoolmaster, plans to review six spot XRP ETF applications in October. Grayscale takes the first seat on October 18, followed by a parade of hopefuls-21Shares, Bitwise, Canary Capital, CoinShares, and WisdomTree-by October 24. Meanwhile, the commission has tossed out delay notices for XRP, SOL, and others as if tossing stale bread to an eager flock.

Balchunas again comforts the anxious: the approval odds hover at a near-certain figure, enough to inspire dreams or maybe dry chuckles over tea.

XRP Price Predictions: A Dream or a Delusion?

In the spirit of hope – or mischief – Crypto pundit EGRAG Crypto predicts XRP will dance to $33 in the next cycle. Such forecasts lean upon memories of 2017’s 350% rally and 2021’s 100% leap, as if history repeats itself more out of forgetfulness than certainty.

Presently, XRP languishes near $2.87, having taken a modest tumble in the past day. Still, it remains a good 20% shy of its all-time high – a reminder that in the world of crypto, reality often takes a back seat to dreams, hype, and the occasional chuckle. 🤡

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2025-09-30 11:55