XRP ETF Timeline: Pro-XRP Lawyer Jeremy Hogan Provides Insights

Pro-XRP lawyer Jeremy Hogan has provided insights into the potential timeline for the approval of an XRP exchange-traded fund (ETF) by the U.S.

A U.S. exchange-traded fund (ETF) for XRP might not be approved until mid-2025, according to Pro-XRP lawyer Jeremy Hogan.

The SEC’s appeal process in the Ripple case will likely impact the timeline for ETF approval.

Bitwise Asset Management filed for an XRP ETF in October, and the application is currently being reviewed by the SEC. Pro-XRP lawyer Jeremy Hogan has commented on the potential timeline for the U.S. Securities and Exchange Commission (SEC) to approve an XRP exchange-traded fund (ETF).

In a recent post on X (formerly Twitter), Hogan stated that the average timeframe for ETF approval ranges from six to twelve months. Based on this estimate, a decision on the XRP ETF application could be expected by mid-2025 if the SEC’s ongoing appeal process proceeds as anticipated.

XRP ETF: Pro-XRP Lawyer Provides TimelinePro-XRP lawyer Jeremy Hogan's comments follow Bitwise Asset Management’s October filing for an XRP ETF with the SEC. The application, which cites the SEC as a primary risk factor for investors, remains under review.

Jeremy Hogan highlighted that ETF applications typically follow a predictable timeline, with approval or denial usually occurring within a year. He noted that the pending SEC appeal, tied to the Ripple case, will likely influence this process.

The US SEC’s appeal stems from its legal battle against Ripple Labs, where a U.S. court ruled that XRP sales to institutional investors violated securities laws, but secondary market sales did not.

The appeal, which challenges parts of this ruling, is set for review in January 2025. Jeremy Hogan emphasized that the timeline for ETF approval depends heavily on the resolution of this appeal, stating, “We are probably looking at some time next summer, assuming things go as expected with the appeal.”

Bitwise CIO Matt Hougan Stance on ApprovalJust like Pro-XRP lawyer Jeremy Hogan, Bitwise Chief Investment Officer Matt Hougan has stated that the company’s filing reflects its confidence in XRP’s potential. He said that the firm files applications only when there is a viable path to approval.

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