John E. Deaton, a cryptocurrency -oriented lawyer who ran against Elizabeth Warren for a senate seat in Massachusetts, believes that XRP ETF’s will attract considerable intake as soon as these products are Greenlighted by the US Securities and Exchange Commission.
The number of active applications continues to grow, with the most recent to launch a monthly option income ETF focused on Ripple’s native token.
15 is a lot. Whether people hate it or not, I predict that the intake will surprise many. https://t.co/CMI0ZQPQQP
– John E Dealon (@Johnedeaton1) August 30, 2025
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Deaton’s comments came in response to the Wolf’s comments from all streets that the total number of applications for Spot Ripple ETFs has grown to 15. However, that information is a bit dated if another application reached the American SEC agencies this week.
As reported yesterday, Amplify has submitted ETFs for an XRP -monthly option income ETF, which will work differently than a place. It does not relate so much to big profit for the underlying asset. Instead, the use of trade strategies makes it a fixed, predictable, but the monthly income for his investors.
Despite the increasing number of applications, the American regulator continues to postpone a decision about almost all. The following large deadlines are planned for October, according to the SEC request for comments from Emparten, which led to recent archiving updates.
Will you indeed surprise the intake?
Although Deaton was not specific whether the inflow will surprise investors in a positive way, it is safe to assume that, given its history at the XRP army. After all, he was one of the most prominent lawyers representing XRP holders in the legal battle between the SEC and Ripple.
It is clear that that is under discussion, since the ETFs have not been officially approved. However, there has indeed been a remarkable question for XRP, which was clear from the Futures ETFs and the recent record for the active about CME Futures.
So far we have only seen two cryptocurrencies with spot exchange -related funds that follow their performance. The market leader started with mass intake since the start of the BTC ETFs in January 2024. The ETH ETFs, on the other hand, had a slow start and they picked up the pace almost a year later.
For now, the XRP army lags behind an official SEC decision, but the crowd seems to be quite optimistic with opportunities on polymarket that rises to 87% by the end of the year.
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