XRP News Today: "Amplify’s XRP ETF Gambit: Income-Driven Crypto for Regulators and Retirees"

Amplify Investments Seeks SEC Approval for XRP ETF

Amplify ETFs, an Illinois-based investment firm with $12.6 billion in assets under management, has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for an XRP Option Income Exchange-Traded Fund (ETF). Unlike traditional spot XRP ETFs, this product aims to provide investors with exposure to XRP while generating a consistent monthly yield through options strategies. The fund will achieve this by selling call options on XRP ETFs and allocating at least 80% of its net assets to financial instruments tied to XRP's price, such as shares of XRP ETFs and options thereon. The remaining 20% will be invested in U.S. Treasuries, cash, or cash-like instruments, distinguishing it from direct exposure-based spot ETFs [1].

This approach leverages covered call strategies, where the ETF regularly sells call options on its holdings to collect premiums. These premiums are distributed to investors as monthly income, with options typically expiring at the end of each month. This cyclical reset allows the ETF to maintain a predictable, yet capped yield for investors, which is more aligned with income-focused objectives rather than speculative price appreciation [1].

The filing has been seen by many as a potential step forward in the regulatory landscape, which has been slow to approve spot XRP ETFs. Despite the recent change in leadership at the SEC, which has taken a more moderate stance on cryptocurrency regulation, the agency has yet to approve any spot XRP ETF. The Ripple v. SEC case, which concluded in favor of Ripple, has not directly translated into approvals for XRP-based products, and the agency has continued to delay decisions on pending applications [1].

Amplify’s filing is part of a broader trend, with at least 16 XRP ETF applications now pending with the SEC. Seven of these are spot ETFs from firms including Grayscale, Bitwise, and Franklin Templeton. Analysts such as Nate Geraci have speculated that the SEC may issue approvals by the end of October, a timeframe that aligns with the Cboe BZX Exchange's planned listing for Amplify’s XRP Option Income ETF in November [2]. The regulatory environment is evolving, with the recent success of CME XRP futures—reaching $1 billion in open interest—serving as an indicator of growing institutional interest in the asset [4].

Market projections suggest a high probability of XRP ETF approval this year. Prediction market data from Polymarket places the likelihood of an XRP ETF launch in 2025 at 84%, with some experts anticipating massive inflows into the product if approved. The reasoning is based on XRP’s substantial trading volume—$6.6 billion daily on centralized exchanges—and a global holder base that is considered among the largest in the crypto industry. Some analysts suggest that XRP ETFs could outperform other crypto ETFs in terms of inflows, potentially making it the largest crypto ETF yet [3].

Despite these expectations, the SEC remains cautious, particularly in light of its delayed decision on the WisdomTree spot XRP ETF, which has now been pushed back to October 24, 2025. While this delay has not significantly impacted the price of XRP, it reflects the SEC’s deliberate pace in evaluating digital asset ETF applications. Analysts suggest that the agency may approve multiple XRP ETFs simultaneously, following a pattern similar to the approval of Bitcoin and Ethereum ETFs earlier in the year [5].

Source:

[1] Will This Groundbreaking XRP ETF Filing Finally Win SEC Approval? (https://cryptopotato.com/will-this-groundbreaking-xrp-etf-filing-finally-win-sec-approval/)

[2] $12B Amplify Files XRP Option Income ETF With SEC (https://coingape.com/12b-amplify-files-xrp-option-income-etf-with-sec/)

[3] XRP Spot ETF Will Bring the BIGGEST Inflows in All of Crypto (https://thecryptobasic.com/2025/08/28/xrp-spot-etf-will-bring-the-biggest-inflows-in-all-of-crypto-expert/)

[4] XRP Futures $1 Billion OI Milestone Paves Way for Spot XRP ETF Approval (https://finance.yahoo.com/news/xrp-futures-1-billion-oi-085004871.html)

[5] SEC pushes back WisdomTree spot XRP ETF decision to ... (https://cryptobriefing.com/sec-delays-wisdomtree-spot-xrp-etf/)