The post XRP ETF News: SEC May Acknowledge Grayscale Filing by Feb 13, 2025 Amid Ripple Lawsuit appeared first on Coinpedia Fintech News The buzz around an XRP ETF is gaining momentum as FOX Business journalist Eleanor Terrett suggests that the U.S. SEC might acknowledge Grayscale’s 19b-4 filing for an XRP ETF as early as February 13, 2025. This comes after NYSE Arca applied on January 30, aiming to list and trade shares of Grayscale’s converted XRP Trust, similar to its Bitcoin and Ethereum Trusts. Terrett highlighted that the SEC typically acknowledges such filings within 15 days, and this acknowledgment could offer insights into how the current SEC leadership views XRP. This is especially significant because, under former SEC Chair gary gensler gary gensler Gary Gensler is a pioneer and the current chair of the U.S. Securities and Exchange Commission. He has extensive experience that spans Wall Street, government regulation, and an angel teaching about cryptocurrencies and blockchain at MIT. Gary S. Gensler was on born October 18, 1957, in Baltimore, Maryland.He graduated from Pikesville High School in 1975, where he was later given a Distinguished Alumnus award. He also earned a degree in economics.Gensler served in the United States Department of the Treasury as Assistant Secretary for Financial Markets from 1997 to 1999, then as Undersecretary for Domestic Finance from 1999 to 2001He has expressed his desire to present crypto-related approach changes later on that include token commitments, decentralized finance, stablecoins, guardianship, exchange-traded resources, and advancing stages. Chairman XRP was considered an unregistered security—a stance challenged by a federal court ruling declaring that XRP is not a security . XRP’s Chances for an ETF in 2025 While the possibility of an XRP ETF is exciting, Bloomberg analysts James Seyffart and Eric Balchunas estimate only a 65% chance of approval this year. This is notably lower compared to Litecoin (90%), Dogecoin (75%), and Solana (70%). The odds could improve dramatically if the SEC acknowledges Grayscale’s filing and resolves the ongoing Ripple lawsuit. Seyffart also noted that an XRP ETF approval is unlikely until the lawsuit concludes. There is norhing left in the lawsuit that, legally, would effect an ETF approval. All that's left are very specific sales by Ripple on exchanges. "XRP.. is not a security" and that's the most important thing vis a vis an ETF approval. — Jeremy Hogan (@attorneyjeremy1) February 11, 2025 .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Price Prediction For February 12 , Echoing a similar sentiment, Pro-lawyer Jeremy Hogan also said that XRP ETF approval is not possible before the Ripple vs. SEC cases are settled or dismissed. But he also acknowledged the fact that there is subjectively nothing left to argue and a closure is the only solution. This may create further regulatory troubles for XRP. According to him, the approval process takes 8-12 months due to the S-1 filing process. Meanwhile, Nasdaq has also requested SEC approval to list these ETFs, which let investors gain exposure to XRP without owning it. If approved, strong demand could boost XRP’s value. Moreover, XRP prospects are also rising since the SEC’s newly formed Crypto Task Force aims to clarify crypto regulations , which could impact ongoing cases. Recently, the SEC and Binance filed a joint motion to pause their lawsuit proceedings for 60 days, hinting that similar moves could occur in cases like Ripple’s. 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