XRP News Today: Grayscale Files Updated XRP Trust with SEC as ETF Review Nears Decision

Grayscale, a leading crypto asset manager, has submitted a new Form S-1 to the U.S. Securities and Exchange Commission (SEC) on August 22, 2025, for its Grayscale XRP Trust [1]. The filing, made public by Abs Nassif, host of Good Morning Crypto, represents a key step in the company’s ongoing effort to secure approval for a U.S.-listed spot XRP exchange-traded fund (ETF). This action formalizes the registration of trust shares that could be offered to the public if regulators approve the product [1].

This move follows Grayscale’s earlier inclusion in the list of firms with XRP ETF applications under SEC review. The firm is not alone in this effort, with other major players such as 21Shares and Bitwise also pursuing similar product approvals [1]. The SEC’s recent regulatory updates, including revised disclosure requirements and the approval of in-kind creation and redemption mechanisms for crypto ETFs, have provided a more structured framework for such products [1]. These changes aim to enhance transparency, improve liquidity, and align digital asset funds more closely with traditional investment vehicles.

The SEC has extended the review periods for several XRP ETF applications, including the 21Shares Core XRP Trust, which now awaits a decision by October 19, 2025 [1]. This delay is not indicative of approval or rejection but reflects the agency’s commitment to a rigorous evaluation process. Regulators are reportedly focused on assessing key aspects such as custody arrangements, valuation mechanisms, and surveillance protocols under the updated regulatory framework [1].

Should the SEC approve Grayscale’s XRP Trust or any spot XRP ETF, it would significantly expand access to the asset for U.S. investors. Institutional adoption could increase as the product becomes available through regulated brokerage platforms and retirement accounts. The ETF structure offers benefits such as audited reporting, transparent custody, and standardized operations, addressing many of the concerns that have historically slowed crypto product approvals [1].

The synchronized review timeline across multiple XRP ETF proposals means that the SEC could evaluate several applications during the same period in October 2025 [1]. This approach could streamline the approval process while maintaining a high standard of regulatory scrutiny. Other firms, including Fidelity, Franklin Templeton, and VanEck, have also entered the race, signaling growing industry confidence in the potential for XRP ETFs [6].

Grayscale’s latest filing underscores a broader shift toward the integration of cryptocurrencies into traditional investment channels. As more institutional investors seek regulated exposure to digital assets, the approval of an XRP ETF could mark a pivotal moment in the mainstream adoption of crypto. The market now turns its attention to the SEC’s decisions in October, with the outcome potentially shaping the future of XRP and the broader crypto ETF landscape [1].

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[1] Grayscale Takes Another Major Action for XRP – [https://timestabloid.com/grayscale-takes-another-major-action-for-xrp/](https://timestabloid.com/grayscale-takes-another-major-action-for-xrp/)

[3] Six asset managers file amendments for spot XRP ETFs as – [https://cryptonews.net/news/altcoins/31485635/](https://cryptonews.net/news/altcoins/31485635/)

[4] The SEC Just Announced Delays for an XRP ETF And Spot – [https://finance.yahoo.com/news/sec-just-announced-delays-xrp-183700230.html](https://finance.yahoo.com/news/sec-just-announced-delays-xrp-183700230.html)

[6] As Crypto Gains Momentum, Solana and XRP Shine – [https://www.cmegroup.com/openmarkets/equity-index/2025/As-Crypto-Gains-Momentum-Solana-and-XRP-Shine.html](https://www.cmegroup.com/openmarkets/equity-index/2025/As-Crypto-Gains-Momentum-Solana-and-XRP-Shine.html)