John E. Deaton, a cryptocurrency-focused lawyer who ran in opposition to Elizabeth Warren for a Senate seat in Massachusetts, believes XRP ETFs will appeal to substantial inflows as soon as these merchandise are greenlighted by the US Securities and Trade Fee.
The variety of lively purposes continues to develop, with the newest one aiming to launch a Month-to-month Choice Revenue ETF centered on Ripple’s native token.
15 is so much. Whether or not individuals hate it or not, I predict the inflows will shock many. https://t.co/CMi0ZQPqQP
— John E Deaton (@JohnEDeaton1) August 30, 2025
A Lot of Filings
Deaton’s feedback got here in response to the Wolf of All Streets’ remarks that the whole variety of purposes for spot Ripple ETFs has grown to fifteen. Nevertheless, that data is a bit dated as one other submitting reached the US SEC desks this week.
As reported yesterday, Amplify ETFs filed for an XRP Month-to-month Choice Revenue ETF, which can work in another way from a spot one. It doesn’t rely a lot on huge good points for the underlying asset. As a substitute, it makes use of buying and selling methods to generate regular, predictable, however capped month-to-month earnings for its traders.
Regardless of the growing variety of purposes, the US regulator continues to delay making a choice on virtually all of them. The following main deadlines are scheduled for October, following the SEC’s request for feedback from issuers, which has led to current filing updates.
Inflows Will Certainly Surprise You?
Though Deaton wasn’t particular whether or not the inflows will shock traders in a constructive method, it’s protected to imagine so, given his historical past with the XRP Military. In any case, he was among the many most outstanding attorneys representing XRP holders within the authorized battle between the SEC and Ripple.
Clearly, that’s up for debate because the ETFs are usually not formally accepted. Nevertheless, there has certainly been notable demand for XRP, which was evident from the futures ETFs in addition to the recent record for the asset on CME futures.
Thus far, we now have seen solely two cryptocurrencies with spot exchange-traded funds monitoring their efficiency. The market chief began with large inflows because the BTC ETFs’ inception in January 2024. In distinction, the ETH ETFs had a sluggish begin, and so they picked up the pace virtually a yr later.
For now, the XRP Military is left with having to attend for an official SEC resolution, however the crowd appears to be fairly optimistic with odds on Polymarket surging to 87% for an approval by the top of the yr.
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