New SEC filings impact potential XRP exchange-traded funds.

crypthub

about 11 hours ago

SEC Filings and XRP ETFs

The U.S. Securities and Exchange Commission recently submitted another series of Amendment No. 3 forms related to spot XRP exchange-traded funds from multiple issuers. These filings involve companies like Bitwise, Franklin, 21Shares, WisdomTree, Grayscale, and Canary. Key decision deadlines for these XRP ETF applications are approaching between October 18 and October 25, 2025. The SEC's actions indicate ongoing discussions about XRP-linked products.

ETF Approval Process

The SEC typically reviews multiple amendment rounds before making final decisions on digital asset ETFs. These updates usually address staff feedback on compliance, market oversight, and custody standards. The recent filings, close to the decision dates, suggest that issuers are prepared for imminent determinations. Approval would allow U.S. investors access to XRP through regulated ETFs.

Potential Market Impact

Approval of a spot XRP ETF could significantly impact XRP’s market performance by providing a regulated investment vehicle. This could unlock new capital from institutional investors previously hesitant due to regulatory uncertainties. Increased visibility and legitimacy for XRP are anticipated through the involvement of major asset managers, potentially increasing liquidity and price stability.