XRP ETF hopes to achieve great success after the Commissioner’s vote star-news.press/wp

Hopes for XRP exchange exchange (ETF) He held a sharp blow this week after the US Securities and Stock Exchange Commissioner Caroline Krinshu in another opposition against the ETF encryption proposal. ETF XRP approval, as soon as they ride high, have now decreased significantly as Crenshaw doubles on its opposition and the entire ETF Crypto market feels pressure.

Crenshaw vote sends XRP ETF hoped to break down

The mood around XRP ETF has turned dramatically in recent days. After months of optimism, especially After launch From Prosthares Ultra XRP ETF (UXRP) on NYSE Arca in July 2025, many believe this momentum will help in Ripple Secure consent For xrp etf.

However, the Crenshaw vote may quickly change the tone. Delegated Vote Each suggestion of the products circulated in the exchange of encryption submitted to SEC so far, 13 in total. These suggestions included not only XRP but also Bitcoin and ETHEREUM products, which were all passed by voting 3-1 with Crenshaw as the only commissioner who votes “no” every time.

XRP had met all SEC Updated menu requirementsIncluding the main base to keep at least six months of derivative trading. However, Crenshaw’s continuous opposition is now raising new concerns about the future of the traditional investment funds associated Future approvals.

Polymark data He appears XRP ETF approval has decreased to 65 % shortly after its vote, before climbing slightly to 71 %. Just weeks ago, those possibilities were above 90 %.

Crenshaw’s criticism extends beyond the traded investment funds

The latest vote for Crenshaw is part of a wider style that does not stop at Crypto ETFS, because it was critical SEC approach To other areas of encryption organization, especially liquid liquid and stablecoins. According to her, SEC consultations about liquid chimneys are many assumptions and fail to provide clear directive to the market participants.

Commissioners’ concerns about Stablecoins are more severe, and do not agree strongly to the modern SEC statement Stablecoins USD-PEGGED As “digital dollars”. She warned that this language, similar to marketing, could mislead investors over actual risks. From its point of view, the Securities and Stock Exchange fails to provide sound rules based on this rapid part of the market.

Her firm opposition has now become a Ripple to get XRP ETF consent. Although XRP has examined all technical funds, Crenshaw vote indicates that policy and personal views still play an important role in the final decision. Currently, Ripple and others in the encryption space waiting and monitoring, not sure how second It will move forward.

As the organizational body continues to vote on new encryption products, the Crenshaw position adds uncertainty XRP pathBecause its voting as the only democracy that currently works on the Supreme Education Council has become a major factor in forming what comes after that ETFS encryption.

Distinctive image from Unsplash, Chart from TradingView.com

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