Ripple-SEC lawsuit resolution and regulatory easing increase the likelihood of XRP spot ETFs.
A recent breakthrough by Grayscale has significantly boosted expectations that XRP spot ETFs will soon receive the green light in the United States.
With the SEC now approving a product that includes direct XRP exposure, the case for standalone XRP ETFs just got stronger.
On July 1, the U.S. SEC officially approved Grayscale’s request to convert its Digital Large Cap Fund (GDLC) into a spot ETF. This fund includes five major digital assets: Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
This marks a pivotal moment for XRP and other altcoins. Unlike prior ETF approvals focused on derivatives or leveraged products, GDLC represents a direct investment vehicle, giving XRP formal entry into the regulated spot ETF ecosystem.
