The first XRP ETF under the 1933 U.S. Securities Act is nearing approval, signaling a significant step for institutional adoption in the cryptocurrency market. Franklin Templeton's XRP Trust (XRPZ) has filed its third S-1 amendment and is listed with the DTCC, utilizing a 20-day SEC review period for automatic approval. This ETF is expected to trade on Nasdaq and use DTCC infrastructure for settlement, following the successful launches of Litecoin and Ivy ETFs in 2024. This development is anticipated to enhance XRP liquidity and could potentially drive its price above $5 by mid-November. The approval of XRPZ is seen as a bridge between traditional finance and the crypto sector, with broader implications for future cryptocurrency ETF approvals.