XRP News Today: Grayscale Files XRP Trust as Major Firms Push for Spot ETF Approval

Grayscale has submitted a Form S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a proposed XRP Trust, marking a significant development in the evolution of crypto-related investment products. The filing, made on August 22, 2025, outlines the structure of the Trust and its objective to provide investors with a regulated vehicle to gain exposure to XRP, the digital asset issued by Ripple Labs [1]. The Trust’s shares are intended to reflect the value of XRP held within it, based on market prices [2].

This move by Grayscale is not an isolated event. Several other asset managers, including Bitwise, Canary Capital, CoinShares, Franklin Templeton, WisdomTree, and 21Shares, have also submitted or updated their S-1 filings for spot XRP ETFs. These amendments are in response to feedback from the SEC, indicating a coordinated effort among major players in the industry to align with regulatory expectations and seek clarity [3]. James Seyffart, ETF Analyst at Bloomberg, noted that this reflects "almost certainly due to feedback from the SEC. A good sign, but also mostly expected" [4].

The timing of these filings follows Ripple’s final legal victory over the SEC, which has generated renewed interest and optimism in XRP as an investment asset. The market has already shown a response, with XRP’s price increasing by over 10% to $3.10 on the day of the filing [5]. Analysts suggest that a potential approval in the coming months could bring substantial institutional inflows, further supporting the asset’s price and broader market confidence [6].

Grayscale’s prior experience with its Bitcoin Trust gives it a distinct advantage in shaping the regulatory and market landscape for digital assets. By applying a similar model to XRP, the firm aims to offer a compliant and familiar investment structure for a digital asset that has been subject to prolonged legal scrutiny [7]. The outcome of this filing could have implications beyond XRP, potentially influencing broader sentiment in the crypto market and contributing to the integration of digital assets into traditional financial systems [8].

The clustered filings also highlight a growing institutional interest in XRP and signal a maturing crypto market. As noted by Nate Geraci, President of ETFStore, “Highly notable to see them cluster like this. Very good sign for XRP ETFs” [9]. This trend underscores a shift toward structured, regulated investment products in digital assets and reflects the market’s anticipation of a more favorable regulatory environment.

Source:

[1] AInvest - https://www.ainvest.com/news/xrp-news-today-grayscale-files-1-xrp-trust-sec-delays-etf-decisions-2508/

[2] StreetInsider - https://www.streetinsider.com/SEC+Filings/Form+S-1+Grayscale+XRP+Trust/25242005.html

[3] Brave New Coin - https://bravenewcoin.com/insights/xrp-etf-news-xrp-traders-eye-sec-decision-as-grayscale-bitwise-and-canary-capital-amend-spot-etf-filings

[4] AInvest - https://www.ainvest.com/news/asset-managers-file-amendments-xrp-etfs-grayscale-joins-2508/

[5] CoinCentral - https://coincentral.com/xrp-price-jumps-10-as-six-firms-update-spot-xrp-etf-proposals-with-sec/

[6] XT.com - https://www.xt.com/en/blog/post/six-major-asset-managers-and-grayscale-file-updated-spot-xrp-etf-applications-as-ripple-lawsuit-nears-resolution

[7] Bitget - https://www.bitget.com/news/detail/12560604926374

[8] MEXC - https://www.mexc.co/en-IN/news/grayscale-bitwise-and-others-file-amended-s-1s-for-spot-xrp-etfs-october-approval-imminent/71592

[9] The Crypto Times - https://www.cryptotimes.io/2025/08/24/grayscale-bitwise-and-others-file-updates-for-spot-xrp-etfs/