SEC’s Accelerated Approval Paves the Way for Bitwise’s XRP ETF in 2025
- The SEC's Game-Changing Move
- Why Bitwise's XRP ETF Is First in Line
- The New SEC Playbook Explained
- Market Reactions and What's Next
- Your XRP ETF Questions Answered
The crypto world is buzzing as the SEC streamlines its approval process, with Bitwise's XRP ETF now leading the race for launch. This comes amid a turbulent market where altcoins face massive sell-offs, yet trading volumes surge by 47% to $266B. Here's why analysts call this a "make-or-break moment" for crypto ETFs.
The SEC's Game-Changing Move
In an unprecedented shift, the SEC's Division of Corporation Finance introduced simplified procedures this week allowing issuers to fast-track filings without completing the standard review cycle. "This is the regulatory equivalent of hitting the nitro button," remarked Bloomberg's ETF analyst Eric Balchunas, who first spotted the change. The commission revealed over 900 registration statements piled up during government shutdowns, prompting this emergency measure. According to TradingView data, the crypto market cap still bled $1T+ this month despite the procedural breakthrough.
Why Bitwise's XRP ETF Is First in Line
Industry watchers identify three key advantages positioning Bitwise ahead:
- Completed 8-A filings before the shutdown backlog
- Proven track record with their BSOL ETF's $57M debut last month
- Direct response to Canary Capital's XRP ETF smashing records with $59M first-day volume
The New SEC Playbook Explained
The regulator's updated FAQ outlines a triage system:
- First-in-first-out processing for shutdown-era filings
- Waived requirements for withdrawn dilatory amendments
- Automatic effectiveness for registration statements without deferred amendments after 20 days
Market Reactions and What's Next
Trading volumes tell the real story: XRP's 24-hour trades spiked 30% to $8.29B despite price drops. "These aren't just speculators - institutions are moving in hard," observed James Seyffart of Bloomberg Intelligence. The BTCC exchange reported XRP futures open interest hitting 2025 highs ahead of the expected approval. As of November 14, 2025, XRP trades at $2.30 with wild volatility expected through the decision window.
This article does not constitute investment advice. Market data sourced from CoinMarketCap and TradingView.
Your XRP ETF Questions Answered
When will Bitwise's XRP ETF launch?
The accelerated SEC process could see approval within 30 days, though the commission hasn't confirmed if it will maintain standard review timelines during backlog clearance.
How does this compare to Bitcoin ETF approvals?
Unlike the 10-year bitcoin ETF saga, XRP products benefit from established frameworks post-Bitcoin ETF launches and the SEC's new fast-track procedures.
Why is XRP outperforming other altcoins?
Combination of ETF speculation, Ripple's ongoing legal clarity, and its position as a payment-focused token during market turbulence.
