SEC’s Fast-Track Approval Paves the Way for Bitwise’s XRP ETF in 2025
- Why Is the SEC’s Fast-Track Process a Game-Changer?
- How Did the XRP ETF Perform on Its Nasdaq Debut?
- What’s Driving the Surge in XRP Trading Activity?
- What’s Next for Crypto ETFs?
- How Does BTCC Fit Into This Landscape?
- FAQs
The SEC’s accelerated review process has set the stage for Bitwise’s XRP ETF, potentially the next big crypto fund to hit the market. Amid a turbulent crypto downturn, trading volumes are surging, and investors are eyeing XRP as a standout performer. Meanwhile, the Nasdaq-listed XRP ETF by Canary Capital has already shattered records, signaling strong demand for crypto-backed financial products. Here’s a deep dive into the latest developments and what they mean for the market.
Why Is the SEC’s Fast-Track Process a Game-Changer?
The SEC recently unveiled new guidelines that allow issuers to expedite the registration of crypto ETFs, bypassing the traditional 30-day review cycle. According to Eric Balchunas, Bloomberg’s ETF analyst, this could mean Bitwise’s XRP ETF is next in line for approval. The SEC’s Corporate Finance Division even released a Q&A guide to help issuers navigate the backlog caused by the government shutdown. "My bet is that Bitwise’s XRP ETF will be the next to launch," Balchunas tweeted on November 14, 2025.
How Did the XRP ETF Perform on Its Nasdaq Debut?
Canary Capital’s pure XRP ETF (XRPC) made waves with a staggering $59 million in trading volume on its first day—the largest ETF launch of 2025. It narrowly beat Bitwise’s BSOL ETF, which debuted with $57 million last month. "Pulling this off on a down day is impressive," noted James Seyffart of Bloomberg, referencing the tech stock slump. XRPC also attracted $245 million in inflows, dwarfing Bitwise’s $69.5 million BSOL launch.
What’s Driving the Surge in XRP Trading Activity?
Despite a 6% drop in XRP’s price over 24 hours, its 7-day gain remains positive at 5%. Trading volume spiked 30% to $8.29 billion, per CoinMarketCap data. Investors seem undeterred by the broader market sell-off, funneling cash into XRP-related products. "These funds are in a league of their own," Balchunas observed, highlighting the widening gap between top performers and the rest.
What’s Next for Crypto ETFs?
The SEC’s backlog includes 900+ filings, but the agency claims it’s "working swiftly" to clear them. Issuers now have multiple paths to faster launches, including automatic effectiveness after 20 days for unamended filings. However, it’s unclear if the SEC will stick to its 30-day review window post-backlog. For now, all eyes are on Bitwise’s XRP ETF—and whether it can replicate Canary’s success.
How Does BTCC Fit Into This Landscape?
As one of the leading crypto exchanges, BTCC has seen increased XRP trading activity amid the ETF buzz. While we don’t offer ETFs yet, our platform provides real-time data and tools for traders eyeing XRP’s volatility. (This article does not constitute investment advice.)
FAQs
When will Bitwise’s XRP ETF launch?
While no official date is set, analysts speculate it could debut by late 2025, following the SEC’s streamlined approval process.
Why is XRP outperforming other altcoins?
XRP’s utility in cross-border payments and recent ETF HYPE have made it a favorite among institutional and retail investors alike.
Where can I track XRP’s price movements?
Platforms like CoinMarketCap and TradingView offer real-time data, while exchanges like BTCC provide trading pairs.
