XRP News Today: Regulators Nudge XRP Toward Legitimacy as Investors Hunt New Frontiers

XRP’s potential approval for a spot exchange-traded fund (ETF) has intensified investor speculation, with analysts estimating that inflows could exceed $5 billion in the first month of trading should the U.S. Securities and Exchange Commission (SEC) approve such products. As the October deadline for a decision looms, the likelihood of approval has surged to 87%, up from 64% in August, according to market prediction platform Polymarket. This shift in sentiment is reflected in recent updates by several XRP ETF applicants, with nearly half revising their filings—a move analysts interpret as a positive signal ahead of the SEC’s evaluation [1].

The potential economic impact of an XRP ETF is underscored by the performance of existing XRP-based products. For instance, Teucrium’s leveraged XRP ETF has already amassed $353 million in net assets since its April launch, surpassing the combined total of the issuer’s traditional agricultural ETFs. JPMorgan analysts have projected up to $8 billion in inflows in the first year of a spot XRP ETF, while Canary Capital CEO Steve McClurg expects $5 billion in the initial month [1]. These figures highlight the appetite for XRP exposure, particularly as retail and institutional investors seek to diversify their portfolios into digital assets.

The SEC is currently reviewing nearly a dozen XRP ETF applications, part of a broader list of over 90 ETFs awaiting approval. Analysts note that the regulator appears to be moving toward a coordinated approval approach, mirroring its handling of Bitcoin and Ethereum ETFs. If XRP ETFs are approved, they are likely to be announced alongside other altcoin ETFs to prevent any one product from gaining an unfair market advantage. This strategy suggests a regulatory shift that could reshape the structure of crypto investing and further legitimize XRP as a tradable asset [1].

Meanwhile, Remittix (RTX), a new crypto project with a focus on cross-border payments, is capturing attention amid XRP’s ETF-driven optimism. The project has raised over $23.6 million through the sale of 643 million tokens at $0.1030 each, positioning it as one of the most promising presale projects of 2025. Remittix’s value proposition lies in its PayFi network, which facilitates real-time cross-cryptocurrency and fiat conversions, with support for over 40 cryptocurrencies and 30 fiat currencies. The platform also plans a beta wallet launch in Q3 2025 and has secured listings on BitMart and LBank, signaling growing institutional and retail adoption [3].

Analysts suggest that Remittix’s real-world utility, particularly in global remittances and freelancer payments, could drive long-term value. The token’s deflationary design and cross-chain architecture further support its appeal as a scalable solution for businesses and individuals seeking low-cost, high-speed transactions. With whales accumulating large quantities of XRP and a rising probability of ETF approval, the crypto market remains in flux, offering investors a diversified array of opportunities across both established and emerging assets [3].

Source:

[1] XRP ETF approval seen to unlock $5bn bonanza, but 'people ... (https://finance.yahoo.com/news/xrp-etf-approval-seen-unlock-121250497.html)

[2] What's next for XRP price as ETF approval chances hit 87%? (https://crypto.news/whats-next-for-xrp-price-as-etf-approval-chances-hit-87/)

[3] Solana Price Fails To Rally As Traders Flock Towards ... (https://www.cryptopolitan.com/fails-to-rally-as-traders-flock-towards-remittix-presale-offering-4000-growth-potential/)

[4] The Best Crypto Presale To Buy Now Is Remittix Over ... (https://www.livebitcoinnews.com/the-best-crypto-presale-to-buy-now-is-remittix-over-established-assets-like-xrp-and-ethereum/)