SEC’s Fast-Track Approval Paves the Way for Bitwise’s XRP ETF Launch in 2025

• Why Is the SEC’s Fast-Track Process a Game-Changer?
• How Did XRP C ETF Set the Stage for Bitwise?
• What’s Driving the Crypto Market’s Contradictions?
• FAQ: Your Burning Questions Answered

The U.S. SEC's newly streamlined approval process has ignited speculation about the imminent launch of Bitwise's XRP ETF, potentially the next major crypto investment product to hit the market. Amid a turbulent crypto downturn, trading volumes have surged, hinting at investor optimism. Meanwhile, the Nasdaq-listed XRP C ETF by Canary Capital has shattered records, raising the bar for Bitwise’s upcoming offering. Here’s a deep dive into the regulatory shift, market dynamics, and what it means for investors.

Why Is the SEC’s Fast-Track Process a Game-Changer?

The SEC’s Corporate Finance Division recently unveiled guidelines allowing issuers to bypass the traditional full review cycle, accelerating ETF approvals. Bloomberg ETF analyst Eric Balchunas noted, “This opens the door for crypto ETFs stuck in limbo—like Bitwise’s XRP fund—to file their 8-A forms ASAP.” The SEC’s transparency about its 900-pending filings backlog and its pledge to prioritize submissions received during the government shutdown add further urgency. For issuers, this means declarations can now take effect automatically after 20 days, with optional acceleration requests. “It’s a rare win for efficiency in crypto regulation,” remarked the BTCC research team.

How Did XRP C ETF Set the Stage for Bitwise?

Canary Capital’s XRP C ETF debuted on Nasdaq with a staggering $59 million in day-one trading volume—2025’s highest ETF launch—and $245 million in inflows, dwarfing Bitwise’s BSOL ETF ($57 million debut). “Achieving this on a low-volume tech sell-off day is remarkable,” observed Bloomberg’s James Seyffart. XRP C’s success signals strong institutional appetite, despite XRP’s 6% price drop this week (though it remains up 5% over seven days, per CoinMarketCap). Bitwise’s upcoming XRP ETF now faces sky-high expectations.

What’s Driving the Crypto Market’s Contradictions?

While global crypto market cap plunged another 5% to $3.27 trillion (losing $1 trillion monthly), 24-hour trading volume spiked 47% to $266 billion. “Investors aren’t fleeing—they’re repositioning,” noted a BTCC analyst. XRP mirrored this trend: its trading volume jumped 30% to $8.29 billion despite price declines, suggesting accumulation phases. Sources: TradingView, CoinMarketCap.

FAQ: Your Burning Questions Answered

What’s the significance of the SEC’s new guidelines?

The streamlined process lets issuers avoid lengthy reviews, potentially fast-tracking products like Bitwise’s XRP ETF. Historically, such shifts precede major market movements.

How does XRP C’s performance impact Bitwise?

XRP C’s record-breaking debut sets a high benchmark, but Bitwise’s established reputation (e.g., BSOL’s success) could help it compete.

Is now a good time to invest in XRP ETFs?

This article does not constitute investment advice. However, surging volumes amid price drops often indicate strategic buying opportunities.