Will this groundbreaking XRP ETF request finally win SECist inspection?

Tl; Dr.

• The US Securities and Exchange Commission continues to postpone a decision about countless archives for Spot XRP ETFs, despite the recent changes in leadership.
• However, a new application at the agency can have a better chance of success.

NEW: @Amplifyetfs just submitted for an XRP option -Increases ETF pic.twitter.com/lbjq6noeek

– James Seyffart (@jseyff) August 29, 2025

New XRP ETF -Investion

Placed by Amplify ETFS, an investment company based in Illinois with $ 12.6 billion in AUM from 31 July, the new XRP ETF application will work very differently than a regular place. A spot ETF, for example, holds the underlying asset directly, while the income variation option options for options strategies (mainly covered calls) on XRP (in this case) used to generate a steady monthly income for its investors.

In general, such ETFs are given a form of exposure to the underlying asset (including direct purchases), call Call options on the holdings to collect premiums and to distribute the proceeds to investors as monthly income.

The options expire monthly, which means that ETF can reset its strategy at the end of each month and regularly pay income to shareholders, which will be a predictable but covered revenue. As such, the monthly Options Income ETF is more dependent on a steadily monthly income instead of a huge price for the underlying asset.

Better chance of success?

In 2025, the American SEC saw countless changes in its leadership and approach to crypto regulation. The departure of Gary Gensler, who had led a total attack on the industry, allowed the regulator to follow a more moderate approach, which resulted in countless cases right-of-outers, including a positive resolution in the sec v. Ripple case.

However, the desk still has to make a place XRP ETF green, although many futures-based on futures saw the light of the day. To this day, the SEC will continue to postpone a decision about all archives.

As such, many participants in industry and commentators indicated that the application of ETFs could be approved earlier, because it differs from a regular place XRP ETF.

Nevertheless, prediction markets and experts still believe that the SEC will alleviate a spot XRP ETF this year. Data from Polymarket shows that the current opportunities for such a product to reach the American markets in 2025 are almost 90%.