Popular Software Engineer Vincent Van Code Predicts Approval of Multiple XRP ETFs in May 2025

The expert made this bold prediction yesterday after the SEC postponed its decision on Grayscale, Canary, and 21Shares spot XRP ETF filings.

SEC’s Delayed Approvals

The SEC has delayed the approval of the Canary Spot XRP ETF and Grayscale Spot XRP ETF. Moreover, it has also postponed decisions on the VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, and Grayscale Spot Dogecoin ETF.

> — TheCryptoBasic (@thecryptobasic) March 12, 2025

Expert Sets May 22 for Potential Approvals

Vincent projects that the SEC will approve multiple XRP ETF applications on May 22, 2025. This date coincides with the SEC’s decision on the 21Shares XRP ETF, while decisions on other filings, including Grayscale and Bitwise, also fall within May.

Consequently, May 22 is identified as the potential date for the SEC’s approval of multiple XRP ETF applications.

Potential Impact of XRP ETFs

Vincent emphasizes that while approvals might not immediately influence XRP’s price, they could enhance the coin’s status as a legitimate digital asset, making it appealing for regulated investors. Approval would allow traditional investors to buy XRP indirectly through their existing trading accounts without needing extensive crypto knowledge.

He anticipates that the ETF volumes will have a significant impact on XRP’s price within a year of approval, along with a short-term increase following the approval news.

The SEC’s Decision Outlook

The future of XRP ETF approvals on May 22 is uncertain, with ongoing legal battles between the SEC and Ripple potentially affecting the process. However, legal experts state that the approval of XRP ETFs is independent of the lawsuit’s outcome. As the SEC shifts its crypto policies, the timeline for a resolution in the Ripple case may align with Vincent’s expectations for ETF approval by April/May 2025.