The XRP ETF narrative gained serious traction as the voices of key industry moved forward with clear signals. The approval of the Spot XRP ETF is not only possible, it may be imminent.
Nate Gelachi, the president of ETF stores and a closely followed figure in fund space trading on the exchange, broke his silence this week, stating there is no clear reason for the SEC to reject the Spot XRP ETF. His view? It’s not the problem, but when and when it’s likely that the “time” will be earlier than later.
He commented on the fact that XRP products are already splashing in the market. In particular, the XRP ETFs utilized are already live and traded, which is usually a big deal ahead of more advanced ETF development. The infrastructure is mature. Investor interest is clear.
Geraci says it may be pointless for regulators to resist anymore given how XRP’s legal and market position is changing.
Double leveraged XRPETF *Currently *Live & Trading…
I simply haven’t seen this SEC not approving the Spot XRP ETF.
And faster, and later.
-Nate Geraci (@nateraci) April 16, 2025
Recent flow data supports growing momentum. According to Coinshares, XRP Investment Products has brought in $3.4 million in new capital over the past week, adding $1.5 million a month. Currently, the flow has risen to $176 million around 2018, with XRP-related funds increasing to $883 million.
This stable capital flow to XRP draws a clear picture even when the spot ETF is not in place. Appetite has been built, and the market is preparing.
But there’s nothing yet. The SEC has not yet taken formal action on the Spot XRP ETF application. While things look up, the path of regulation is still quite complicated. XRP holders and crypto investors should be aware of this, but also be aware of the risks.
