The U.S. Securities and Exchange Commission (SEC) is set to hold a closed meeting this Thursday, reigniting discussions around XRP and its associated investment products. This meeting’s agenda includes critical examinations of issues related to XRP, reflecting the ongoing interest and uncertainty in the cryptocurrency market.
Meeting and Regulatory Scrutiny
During the closed meeting scheduled for February 27, 2025, the SEC will address matters concerning XRP investment products. A proposal from Cboe to list and allow trading of an XRP fund is also expected to be discussed.
Cboe BZX Exchange, Inc. has applied to the SEC for a rule change to list and trade the XRP investment fund.
Given the new administration’s stance on cryptocurrencies, there may be a chance for favorable news. However, the SEC’s gradual approach might require waiting for Paul Atkins’ official appointment before making significant moves.
Grayscale’s XRP Review
In January 2025, Grayscale Investments submitted a request to convert its $16 million XRP trust into an investment fund. This process is subject to a 240-day review period by the SEC, with a decision anticipated by October 18, 2025. The timing aligns with key decision periods for many altcoin ETF applications.
Additionally, the ongoing legal proceedings involving Ripple 
$0.006337 and prior settlements with entities like Robinhood, Coinbase, and Uniswap have led to varied interpretations among investors. The legal complexities have resulted in differing expert opinions and predictions.
MetaLawMan: A resolution may occur before Ripple submits its appeal on April 16, 2025.
Jeremy Hogan: The resolution of the XRP case could happen before the SEC approval process, as lengthy regulatory procedures are in effect.
Details revealed after the SEC meeting may significantly impact both the fund approval process and ongoing legal matters concerning Ripple. Monitoring the progression of regulatory actions and market reactions will be crucial for investors.
