Can XRP ETF approval be approached? Ripples meet with SEC Chairman Paul Atkins on May 2
With the positive shift in cryptocurrency regulations under Donald Trump’s second administration, speculation about potential approval of on-site XRP ETF applications continues.
Major changes from the Securities and Exchange Commission (SEC) contributed to this expectation, especially appointments Paul Atkins As a new chair. Atkins is known for his pro-Crypto stance and represents the strict regulatory environment established by former chairman Gary Gensler.
Speculation increases around XRP ETF applications
The timing of the XRP ETF approval further sparked reports of a potential meeting between Ripple Labs executive chairman and co-founder Chris Larsen and SEC chairman Paul Atkins. Such discussions can pave the way for decision-making in XRP ETF applications.
Earlier this week, Bitcoin Home Highlight The SEC has set a new deadline for June 17, 2025 to approve or disapprove of the XRP ETF application filed by asset manager Franklin Templeton, or to initiate further procedures to evaluate the proposal.
Bloomberg ETF expert James Seyffart said that while the June deadline is crucial, market participants should prepare for a series of decisions expected in the fourth quarter of 2025.
However, Bloomberg ETF experts specifically pointed out the mid-October (this year 18), a key date for the XRP ETF decision to make the regulator’s potential location.
Ripple Labs sees new hope
Crypto Investor Stephen (Stepo) Insider advice The meeting between Larsen and Atkins, which is scheduled for May 2, is reportedly set to take the approval of the XRP ETF application closer to reality. However, as of Thursday, either party has not issued any official confirmation or statement, which makes the situation uncertain.
Continuous speculation about the XRP ETF application is that in an environment that is more favorable to Ripple Labs, it has long advocated for regulatory changes in the United States.
The last administration faced criticism for its enforcement actions and litigation targeting key players in the cryptocurrency sector, including Ripple Labs itself.
Since Gensler resigned on January 20, 2025, several lawsuits have been filed against prominent companies such as Coinbase, Robinhood, Uniswap Labs and Kraken. Falledfurther alleviate regulatory pressure.
This new optimism not only fuels the hope of approval from the XRP ETF, but also raises expectations for other crypto ETFs, including Litecoin (LTC), Solana (Solana (Sol), Dogecoin (Doge) and Cardano (ADA), which may also be approved later this year.
At the time of writing, XRP is currently the fifth largest cryptocurrency in the capitalized market, trading at $2.21, up 8% in 14 days, and is even more optimistic in the market after challenging months.
Featured images from dall-e, charts from tradingview.com
Editing process For Bitcoin experts, focus on thorough research, accurate and impartial content. We adhere to strict procurement standards and each page is diligently evaluated by our top technical experts and experienced editorial team. This process ensures the integrity, relevance and value of our content to our readers.
