Expert: XRP ETF may be launched after 2024, provided that the regulations are clear

According to CryptoPotato, with the approval of a Bitcoin ETF in the United States, speculation about an XRP spot ETF has also increased. However, the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) remains a significant obstacle. An expert stated that this product may be launched after 2024, provided that regulatory guidance becomes clearer. Despite some analysts suggesting that the lawsuit between Ripple and the SEC will hinder the launch of an XRP ETF, XRP investors and supporters (referred to as the XRP army) are still speculating on whether a similar product based on Ripple's token will appear. Townsend Lansing, Product Head at CoinShares, stated that an XRP ETF is impossible unless regulatory agencies classify XRP as a non-security. It is worth noting that last year Ripple achieved partial victories three times in its legal battle with the SEC. Additionally, James Seyffart, a research analyst at Bloomberg Intelligence believes that due to uncertainty surrounding the Ripple/SEC case and lack of XRP futures ETFs, it is unlikely for an XRP spot ETF to emerge in 2024. However, he believes that if regulations become clearer, an XRP spot ETF could be launched in 2025.