Saad Ullah
● Market speculation exploded after XRPLegend suggested the SEC might approve spot XRP ETFs as soon as next week. While completely unconfirmed, the rumor has grabbed attention from both retail traders and institutional investors who see it as a breakthrough moment for XRP and crypto ETFs in general.
● The timing makes this especially unusual. According to an analyst, "unconfirmed reports swirl of the SEC greenlighting spot XRP ETFs next week — possibly during a shutdown." Approving ETFs during a government shutdown would be unexpected, raising questions about whether regulatory reviews could even proceed normally. It could fast-track approval but also increase concerns about proper oversight.
● Adding fuel to the fire are reports that Ripple is preparing billions in buybacks to absorb the circulating supply. If true, this could create a supply shock and drive short-term price volatility. As XRPLegend put it, "Ripple's ready with billions in buybacks for a supply shock," signaling strong corporate confidence. But without SEC confirmation, this remains pure speculation.
● If XRP ETF approval actually happens, it would be huge for crypto. Following Bitcoin and Ethereum ETFs, it would cement XRP as one of the few altcoins achieving institutional legitimacy and could encourage broader adoption of blockchain financial products.
● For now, whether the SEC makes any move next week or not, the conversation shows growing optimism around XRP's institutional future. The hype might be premature, but it reflects how eager the market is for regulatory clarity and mainstream crypto adoption through ETF vehicles.
Saad Ullah
