SEC leadership change increases opportunities for approval from XRP-ETF to 85%-decision by October 18

SEC leadership change increases opportunities for approval from XRP-ETF to 85%-decision by October 18
Chance of approval of the XRP ETF: New developments and expectations
with the change in the leadership of the U.S. Securities and Exchange Commission (SEC) increase hopes for approval for the XRP ETF. Current estimates now set the likelihood of a positive decision at 85%.
An important date is imminent: The decision about the XRP ETF by Franklin Templeton is expected until October 18, 2023. Many market participants and investors attend this process carefully, since approval of the ETFs could have potentially significant effects on the cryptom market and the XRP token itself.
In the area of regulatory uncertainties, the discussion about the legal classification of cryptocurrencies such as XRP is still of central importance. Developments in the SEC could not only influence the XRP market, but also generally strengthen trust in digital assets if the approval is granted.
The coming weeks promise to be exciting, while the crypto community continues to respond to SEC signals and decisions.