Ripple (XRP) ETF Approved Soon? Price Projected to Reach $33!

Jakarta, Pintu News – The crypto market looks set to witness a milestone with the possibility of a Ripple (XRP) ETF approval becoming more and more real. Analyst from Bloomberg, Eric Balchunas, revealed that the chances of a crypto ETF approval are now almost 100%. This indicates that various Ripple (XRP) ETF applications by asset managers are likely to be approved in the near future.

Regulatory Changes Facilitate Approval Process

Eric Balchunas highlighted that the adoption of “generic listing standards” has made traditional 19b-4 filings obsolete. This significantly streamlines the process, leaving only the final approval of the commission’s Corporate Finance division.

Furthermore, Balchunas noted that publishers, including those associated with Solana (SOL), have started submitting updated S-1 amendments, signaling that the finish line is near.

However, Balchunas’ colleague, James Seyffart, has warned that a potential US government shutdown could complicate the timing of approval. Nonetheless, he suggested that structural changes in the submission process make final approval highly likely.

The SEC had asked issuers to withdraw their 19b-4 filings, with the new rules, such applications are no longer required, effectively removing one of the biggest procedural hurdles.

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Market Anticipation of Ripple (XRP) ETF Approval

Market focus now turns to October, when the SEC will review six spot Ripple (XRP) ETF applications in one week. Filings from Grayscale took the lead on October 18, followed by 21Shares, Bitwise, Canary Capital, and CoinShares in the following days, with WisdomTree concluding the review on October 24.

In a bid to expedite the process, the commission has withdrawn the pending notices for Ripple (XRP), Solana (SOL), and other crypto ETF products, indicating a potential final decision. Further, Polymarket’s chances of approval for the Ripple (XRP) ETF are now above 99%. This further suggests that approval is just a matter of time.

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Optimistic Ripple (XRP) Price Projections

A crypto expert, EGRAG Crypto, has made another bullish projection for the price of Ripple (XRP), building on its momentum. He predicts that the token could rise as high as $33 in the next cycle. In the previous cycle, this altcoin delivered gains of 350% in 2017 and over 100% in 2021 in a similar setup. EGRAG suggests that a similar rally could begin as soon as late November 2025.

The fundamentals of the token and its ecosystem are also getting stronger. For example, XRPL has undergone a major upgrade. This upgrade will enable more sophisticated financial tools on the blockchain, including tokenized swaps tied to BlackRock’s BUIDL fund and VanEck’s VBill product.

Additionally, reports emerged that a French financial insider had bought Ripple (XRP) worth around $48 million in a single purchase. According to analysts, this is part of a larger trend of institutional players accumulating assets in anticipation of major developments in the market.

Conclusion

With these developments and the potential approval of a Ripple (XRP) ETF in October, many investors are gearing up for what could be a watershed month. Nate Geraci, president of ETF Store, echoes that view, calling the next few weeks “enormous” for crypto ETFs.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Bloomberg Analyst Says XRP ETF Approval Odds Now 100% as Expert Eyes 33% Rally. Accessed on October 1, 2025
• Featured Image: Crypto Times