SECs XRP ETF Acknowledgment Sparks Debate on Commodity Status

- Th SEC cknowldgd XRP-bsd ETF pplictions on Fbrury 12, 2025.
- Trdr CryptoJer qustiond whthr th SEC clssifid it s commodity lik gold nd silvr.
- Journlist Eleanor Terrett clrifid tht XRP ETFs r bing rviwd undr scuritis-bsd commodity frmwork.
Th U.S. Scuritis nd Exchng Commissions (SEC) rcnt cknowldgmnt of XRP-bsd Exchng Trdd Funds (ETFs) hs ignitd dbt within th crypto mrkt. Whil som intrprt this s stp towrd rcognizing it s commodity, th SEC hs yt to provid n officil clssifiction, lving invstors in stt of cutious spcultion.
Trdr CryptoJer qustiond whthr th SEC hd formlly ctgorizd the cryptocurrency longsid commoditis lik gold nd silvr. On Fbrury 13, 2025, th gncy cknowldgd multipl ETF pplictions, including thos linkd to XRP, ligning it with Bitcoin nd Ethrumboth widly rgrdd s commoditis. Howvr, th lck of xplicit confirmtion from th SEC hs fuld furthr uncrtinty.
FOX Businss journlist Eleanor Terrett ddrssd th spcultion, clrifying tht th SEC is rviwing vrious digitl sst ETFs, including thos for Soln (SOL) nd Dogcoin (DOGE). Sh notd tht issurs r pplying for XRP-bckd products undr frmwork trting th sst s commodity within scuritis structur. Whil this signls potntil shift in rgultory prcption, dfinitiv ruling rmins pnding.
XRP Ruling May Set Precedent
Ripple Labs hs bn lockd in long-stnding lgl fight with th SEC ovr whthr XRP should b clssifid s scurity. A crucil court ruling dtrmind tht the cryptocurrency is not scurity in scondry mrkt trnsctions. Howvr, th judg lso ruld tht Rippls dirct institutionl sls of XRP wr unrgistrd scuritis offrings.
As lgl procdings continu, th SEC hs pusd furthr litigtion whil its crypto tsk forc rsssss digitl sst rgultions. Lgl xprts suggst n ppl could still b in ply, potntilly prolonging th uncrtinty ovr its sttus for yrs. Som nlysts rgu tht if multipl courts rch conflicting conclusions, th U.S. Suprm Court my vntully wigh in on th mttr.
Mnwhil, th SECs volving stnc on XRP my influnc ongoing rgultory bttls with mjor crypto xchngs lik Binance nd Coinbase. Both pltforms hv fcd lgl scrutiny for llgdly offring unrgistrd scuritis. With th SEC tmporrily hlting its css ginst Binance nd Coinbase for 60 nd 28 dys, rspctivly, finl dcision on XRPs clssifiction could shp futur rgultory ctions.
XRPs Market Reaction and Future Outlook
Following th SECs cknowldgmnt of XRP ETFs, th ssts pric xprincd rpid surg. On Fbrury 15, 2025, the cryptocurrency rchd high of $2.84, mrking 22.41% incrs from $2.32 ovr fiv conscutiv trding dys. Currntly, it is trding t $2.76, rflcting slight 0.27% gin in th pst 24 hours.
Mrkt nlysts suggst tht if XRP mintins its momntum nd surpsss th $2.80 rsistnc lvl, it could dvnc towrd $3.00 or highr. Convrsly, incrsd slling prssur might ld th pric to consolidt btwn $2.60 nd $2.80. Should th bullish trnd prsist nd brch th $3.40 rsistnc, som xprts prdict tht its pric could tst nw ll-tim highs rnging from $15 to $17.
Related Readings | State Street and Citi to Transform Crypto Custody Market with Bold Entry
Read more: https://www.tronweekly.com/sec-xrp-etf-acknowledgment-sparks-debate-on-commodity-status/
Text source: TronWeekly