[embed]https://www.youtube.com/watch?v=R69R4-JVDp0[/embed]
In a recent interview with Thinking Crypto, Bitwise’s Chief Investment Officer Matt Hougan discussed the evolving state of XRP ETFs. He explained that despite previous starts and stops with ETF filings—where some proposals were later withdrawn—the current wave of refilings indicates a potentially more accommodative regulatory environment. Hougan emphasized that, even if the SEC adopts a pro-crypto stance, the review process will take time, as the agency will need to thoroughly analyze and solicit public comments. “I would say you want to be realistic about the speed. My view is that this is a long game,” he noted, predicting that results might be clearer in the next six months.
Hougan also pointed to historical trends in commodity ETFs, which generally launch only when a regulated futures market exists—like gold and Bitcoin. While a futures market isn’t required for XRP ETFs, it remains an important factor in the approval process. This comparison underscores the long-term nature of the ETF market and the careful consideration required by the SEC.