Several big names in finance, including Grayscale, Nasdaq, and CBOE, have filed applications with the SEC to launch XRP-based ETFs. The momentum in the industry is growing, with Grayscale aiming to turn its XRP Trust into an ETF and Nasdaq pushing for listings of XRP and Litecoin ETFs. CBOE, too, has multiple applications in, aiming to list an XRP ETF from four asset managers. However, the process may take 8-12 months, with the S-1 registration process being the main obstacle. The SEC's claims against Ripple do not have a significant impact on ETF approval, as XRP itself is not considered a security. Despite the wait, the growing demand and support from major financial players indicate that crypto-based ETFs, including those involving XRP, are gaining traction.



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