Bale (@AltcoinBale), a crypto enthusiast, recently stated that the U.S. Securities and Exchange Commission (SEC) is about to approve all pending spot XRP ETFs based on the latest SEC-CFTC joint statement. In August 2025, the SEC extended decision deadlines on several filings, including those from Grayscale , 21Shares, Bitwise, CoinShares, and WisdomTree, pushing most rulings into October. Franklin Templeton’s filing is scheduled for mid-November. Despite these postponements, regulatory clarity around XRP has improved significantly, especially after Ripple and the SEC dismissed their appeals and ended the legal battle. The Joint SEC-CFTC Statement The image shared shows an official SEC publication titled “SEC-CFTC Joint Staff Statement (Project Crypto-Crypto Sprint),” dated September 2, 2025. The document represents a coordinated effort between the SEC and the Commodity Futures Trading Commission. The SEC is about to approve all of the XRP Spot ETFs pic.twitter.com/Mt5gP8j9Sg — BALE (@AltcoinBale) September 2, 2025 It states that the SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk are working together to address the process for enabling trading of certain spot crypto asset products. The statement builds on recommendations from the President’s Working Group on Digital Asset Markets, which emphasized strengthening U.S. leadership in digital financial technology and blockchain innovation. The agencies highlighted their intent to issue guidance on listing leveraged, margined, or financed spot retail commodity transactions on digital assets. Importantly, the joint statement affirms the view that current law does not prohibit SEC- or CFTC-registered exchanges from facilitating trading of spot crypto asset products. What This Could Mean for Spot XRP ETFs This joint approach could accelerate the regulatory framework for approving spot XRP ETFs . By aligning on authority and scope, the SEC and CFTC appear to be laying the groundwork for smoother consideration of pending applications. If the SEC and CFTC succeed in finalizing clear procedures, the probability of approval for multiple XRP spot ETFs may rise sharply. Meanwhile, Bloomberg has raised the probability of XRP ETF approval to 95% , and applicants such as Grayscale, which expect decisions in October, would benefit from an established framework that reduces uncertainty. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The SEC-CFTC statement represents a pivotal step in unifying cryptocurrency oversight. With deadlines approaching and agencies signaling readiness, XRP could soon see its long-awaited spot ETFs approved, setting the stage for wider adoption and stronger market performance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post SEC Is About to Approve XRP Spot ETFs. Here’s What SEC and CFTC Just Did appeared first on Times Tabloid .
