TLDR
- Bloomberg analyst Eric Balchunas claims the odds of XRP ETF approval have reached 100%.
- The SEC’s adoption of new listing standards has simplified the approval process for XRP ETFs.
- Experts predict XRP could surge to $33 in the next market cycle following the ETF approval.
- Institutional investors are accumulating XRP, signaling growing confidence in the token’s future.
- The SEC will review six XRP ETF applications in October, with approval expected soon.
Bloomberg analyst Eric Balchunas has raised expectations for the approval of XRP ETFs, claiming the odds now stand at 100%. This bullish sentiment comes after the SEC’s easing of procedural hurdles for crypto ETFs. Experts, including Balchunas, anticipate that approval of multiple XRP ETFs could occur in the coming weeks.
XRP ETF Approval Likely After SEC Rule Changes
Balchunas recently shared on X that the approval of crypto ETFs, particularly the XRP ETF, is virtually guaranteed. According to him, the SEC’s adoption of new “generic listing standards” has made the 19b-4 filing process obsolete. This change has simplified the process and reduced delays, with only final approval from the SEC’s Corporation Finance division remaining.
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. https://t.co/5JtfTm82Wi
— Eric Balchunas (@EricBalchunas) September 29, 2025
Additionally, Balchunas explained that issuers, including those behind Solana-based ETFs, are already filing updated S-1 amendments. This indicates that the approval process is almost complete. His colleague, James Seyffart, however, warned that a potential U.S. government shutdown might affect timing. Nevertheless, Seyffart agrees that the new rules increase the likelihood of an XRP ETF approval.
With the SEC asking issuers to withdraw their 19b-4 filings, the process is more streamlined. The new rules remove one of the most significant procedural hurdles, making it easier for crypto ETFs to proceed. This change adds weight to the notion that approval for the XRP ETF is closer than ever.
Expert Predicts $33 Surge for XRP
EGRAG Crypto, a well-known crypto expert, has also forecasted a significant price increase for XRP. According to him, XRP could reach $33 in its next cycle, following the expected approval of the XRP ETF. EGRAG pointed to previous market cycles, where XRP saw gains of 350% in 2017 and over 100% in 2021, suggesting that a similar rally could occur soon.
#XRP – Green Ball and Then Blast ($17 – $27 – $33):
Many of you send me DMs or leave comments asking, "Aren't you tired of stating and showing different ways to reach these targets?"
👉My answer is simple: I am a believer in God, and I pray every day. I don’t stop praying. For… pic.twitter.com/zAYMkUgPQH— EGRAG CRYPTO (@egragcrypto) September 28, 2025
In addition to the upcoming ETF approval, XRP’s ecosystem is gaining strength. XRPL has undergone significant upgrades, improving its ability to support advanced financial tools. These developments, including tokenized swaps linked to BlackRock’s BUIDL fund and VanEck’s VBill product, are expected to boost the token’s utility and demand.
Further supporting this bullish outlook, a French finance insider recently purchased approximately $48 million worth of XRP. Analysts believe this acquisition is part of a larger trend where institutional players are accumulating XRP ahead of anticipated market developments. This activity suggests that investors are positioning themselves for what could be a pivotal moment for the token.
The SEC will review six spot XRP ETF applications in October, including submissions from Grayscale, 21Shares, Bitwise, and others. The first of these reviews will take place on October 18, with other reviews scheduled through October 24. As the SEC moves forward with these applications, the crypto community is eagerly awaiting the final decision.
The SEC’s recent retraction of delay notices for XRP and other crypto ETF products further points to imminent approval. This shift reflects the SEC’s readiness to make a final decision on these products.
