SEC Deliberates XRP as Commodity, Awaits ETF Decisions

2 mins mins

Key Points:

SEC deliberates XRP classification amid ETF filing acknowledgment.
XRP price increases with ongoing speculation.
Implications for market stabilization and investor protection.

sec-deliberates-xrp-as-commodity-awaits-etf-decisions — SEC Deliberates XRP as Commodity, Awaits ETF Decisions

The **U.S. SEC is evaluating whether XRP should be classified as a commodity**, a move that could significantly impact its regulatory framework and market positioning.

Ripple CEO Brad Garlinghouse views the **SEC’s acknowledgment of XRP ETF filings** as a positive step toward clarity, though definitive regulatory guidance remains pending.

SEC’s XRP Classification Discussion Spurs Market Activity

The U.S. SEC is currently discussing whether XRP should be classified as a commodity. Ripple’s CEO, Brad Garlinghouse, acknowledges the positive step of the SEC accepting XRP ETF filings. Regulators aim for clarity.

“The SEC’s acknowledgment of XRP ETF filings is a positive step, but we’re still awaiting clear regulatory guidance. Ripple remains committed to working with regulators to provide clarity for the entire crypto industry.” — Brad Garlinghouse, CEO, Ripple

The acknowledgment has temporarily increased XRP’s price. Its value rose by 0.4% in 24 hours, indicating investor confidence. Understanding regulatory stance is critical for future XRP market movement and industry standards.

Market and industry leaders have reacted to the acknowledgment. Gary Gensler stated the focus remains on protecting investors. Hester Peirce emphasized fair regulatory approaches across all crypto assets.

XRP Price Nears $2.3 Amid Regulatory Anticipation

XRP is currently trading at $2.2627, marking a 0.44% increase in the past 24 hours, according to data from TradingView as of March 14, 2025. Analysts note these fluctuations align with previous price movements following regulatory acknowledgments, enhancing historical consistency.

1D chart of XRP/USDT pair, screenshot on TradingView at 02:12 AM (UTC) on March 14, 2025.

Experts predict that if XRP is classified as a commodity, broader market stability could follow. Historical precedents, such as Bitcoin’s ETF approval, suggest a potential similar impact for XRP’s trading dynamics.

With ongoing developments, market participants and potential investors await further clarity on XRP’s status and its potential implications on the broader crypto landscape.