XRP ETF Gains Momentum as SEC Advances WisdomTree’s Proposal
The U.S. Securities and Exchange Commission (SEC) has taken a significant step forward in reviewing WisdomTree’s proposed XRP ETF, signaling a potential breakthrough for the cryptocurrency investment vehicle. This development comes amid growing optimism following Ripple’s recent legal clarity, which has strengthened the ETF’s prospects. The SEC’s public notice under Section 19(b)(2)(B) of the Exchange Act invites comments on critical aspects such as market impact, structural integrity, and investor safeguards, reflecting a thorough evaluation process. As of May 30, 2025, this advancement marks a pivotal moment for XRP and the broader crypto market, potentially paving the way for increased institutional adoption and price appreciation.
WisdomTree XRP ETF Advances in SEC Review Process
The U.S. Securities and Exchange Commission has intensified its review of WisdomTree’s proposed XRP ETF, marking a pivotal development in the fund’s path to potential approval. The regulatory body issued a public notice under Section 19(b)(2)(B) of the Exchange Act, soliciting comments on market impact, structural integrity, and investor safeguards.
Ripple’s recent legal clarity appears to have bolstered the ETF’s prospects. WisdomTree filed through Cboe BZX Exchange, triggering a 240-day review window. Market participants now await the SEC’s verdict on whether the product meets anti-manipulation standards and complies with securities laws.
XRP Price Struggles Amid SEC Delays and Weak Market Data
XRP’s price surged 40% from April lows to $2.29 by May 28th, yet remains 30% below its Q1 2025 peak of $3.40. The token has traded sideways for over a week, with declining network activity signaling waning investor confidence.
Institutional demand falters as CoinShares reports $37.2 million in XRP ETP outflows, breaking an 80-week inflow streak. The SEC’s delay in approving an XRP ETF further dampens sentiment, creating bearish pressure.
Derivatives data and weakening fundamentals suggest XRP risks further downside unless retail interest resurges. Market participants watch for catalysts to break the consolidation pattern.
Remittix Presale Raises $15.4M as Investors Seek "XRP 2.0" Alternative
Global remittance markets are shifting as regulatory challenges stall Ripple’s XRP. Enter Remittix—a compliant upgrade branded "XRP 2.0"—which has attracted $15.4M in presale funding from nearly 20,000 investors. The project’s RTX tokens now trade at $0.0781, up from an initial $0.0734, signaling growing confidence in its cross-border payment infrastructure.
Unlike speculative meme coins, Remittix targets the $800B remittance industry with a focus on transaction speed and cost reduction. Analysts note its presale momentum contrasts with slower-moving blockchain projects, suggesting pent-up demand for practical crypto solutions. The team has sold 540M tokens to date, with each pricing tier incrementally rising to reward early participants.
XRP Poised for Major Breakout as Institutional Interest Grows
XRP could be gearing up for a significant price surge, catching skeptics off guard after prolonged stagnation. Crypto analyst Xena warns that dismissing XRP’s potential based on short-term inertia overlooks substantive behind-the-scenes developments.
TheStreet’s recent report highlights accelerating institutional adoption, with Ripple CEO Brad Garlinghouse emphasizing crypto ETFs’ role in bridging traditional finance and digital assets. "Pension funds and endowments now have regulated access points they’ve lacked for years," Garlinghouse noted, drawing parallels to gold ETFs’ legitimizing effect on commodities markets.
Teucrium Investment Advisors and other firms have recently launched XRP-linked investment products, signaling growing Wall Street engagement. This institutional momentum contrasts sharply with XRP’s stagnant spot price, creating what some analysts see as a coiled spring scenario.
