John E. Deaton, a lawyer focused on cryptocurrencies that was running against Elizabeth Warren for a seat in the Senate in Massachusetts, believes that XRP ETFs will attract substantial entries once these products are green by the stock commission and values of the United States.
The number of active applications continues to grow, with the most recent with the aim of launching an ETF of monthly option centered on the Native Ripple token.
15 is a lot. Whether people hate it or not, I predict that tickets will surprise many. https://t.co/cmi0zqpqp
– John E Deaton (@Johnedaton1) August 30, 2025
Many files
Deaton’s comments occurred in response to the wolf of the observations of all the streets that the total number of applications for the ETFs of Ripple Spitle has grown to 15. However, that information is a bit outdated as another presentation reached the desks of the SEC of the United States this week.
As reported yesterday, amplify ETFS requested an ETF of monthly XRP option income, which will work differently from one point one. It does not depend so much on great profits for the underlying asset. Instead, it uses commercial strategies to generate constant monthly income, predictable but limited to its investors.
Despite the growing number of applications, the US regulator continues to delay the making of a decision on almost all of them. The next main deadlines are scheduled for October, after the request for the comments of the sec of the issuing, which has led to recent presentation updates.
Will the tickets surprise you?
Although Deaton was not specific if the tickets will surprise investors positively, it is safe to assume yes, given their history with the XRP army. After all, it was among the most prominent lawyers representing XRP holders in the legal battle between the SEC and Ripple.
Obviously, that is in debate since ETFs are not officially approved. However, in fact there has been a remarkable demand of XRP, which was evident from the ETFs of futures, as well as the recent registration of the asset in CME futures.
Until now, we have seen only two cryptocurrencies with funds quoted in the stock market on the spot that track its performance. The market leader began with mass tickets since the beginning of the BTC ETFs in January 2024. In contrast, the ETH ETH had a slow start, and accelerated the rhythm almost a year later.
For now, the XRP army has to wait for an official decision of the SEC, but the crowd seems to be quite optimistic with the chances that the polymer will increase to 87% for an approval by the end of the year.
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