XRP News Today: Major XRP ETF Firms File Amendments Amid Regulatory Uncertainty

The recent wave of spot XRP ETF amendments submitted by multiple major asset managers has rekindled speculation around the cryptocurrency’s near-term price trajectory. On Friday, Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree all filed S-1 amendments with the U.S. Securities and Exchange Commission (SEC), signaling ongoing engagement with regulators and an effort to align with feedback on creation and redemption structures. These filings now include both XRP and cash options, reflecting a strategic move to address potential regulatory concerns [1].

While no formal approval has been granted by the SEC, the synchronized nature of these submissions is being interpreted as a meaningful step toward eventual approval. The institutional interest demonstrated through these amendments suggests a growing consensus on the viability of XRP as an investable asset, potentially unlocking broader capital inflows into the market [1]. Analysts note that ETF approval could offer a regulated pathway for institutional investors to gain exposure to XRP, improving liquidity and price stability through standardized trading mechanisms [1].

Technically, XRP has shown signs of consolidation near the $3 level, with daily charts indicating a tightening range that could precede a breakout. Heikin Ashi candles suggest a potential shift in momentum, while Bollinger Bands show volatility at a compressed level, with key support at 2.90 and resistance at 3.09. A sustained move above 3.34 could trigger a retest of previous resistance levels around 3.50 and beyond [1]. Analysts have noted both bullish and bearish scenarios, with a daily close above 3.34 likely fueling further upward momentum, while a drop below 2.85 could rekindle short-term bearish sentiment [1].

The broader crypto market is also showing signs of movement, with traders shifting capital toward lower-cap altcoins that show breakout potential. XRP, as one of the more established names in the space, benefits from both institutional adoption and its role in cross-border transactions, reinforcing its appeal as a speculative yet stable asset [1]. Some analysts have forecasted a rise in XRP to at least $5 by the end of 2025, driven by the resolution of the Ripple-SEC legal case and improved regulatory clarity [5].

A key regulatory factor remains the SEC’s decision on multiple XRP ETF applications, which has been delayed until October 2025 [6]. This delay, while creating some uncertainty, also allows for further clarification, which many in the industry view as a long-term positive. Market participants are watching closely for any signals that could indicate a regulatory green light, which could act as a catalyst for a sharp price increase [1].

Despite the optimism, short-term volatility remains a concern, with some analysts warning of potential pullbacks even amid strong support levels [4]. However, the coordinated efforts of asset managers and the technical setup suggest that the market is bracing for a decisive move in the near future.

As XRP continues to consolidate near the $3 level, the combination of regulatory progress, institutional interest, and market speculation positions it as a key asset to watch in the coming months. Whether it breaks out to retest 2024 highs or faces a retracement will depend largely on how the market interprets further developments from the SEC and broader crypto trends [1].

Source:

[1] XRP Set for Explosive Move After ETF Updates? - https://cryptoticker.io/en/xrp-set-for-explosive-move-after-etf-updates/

[5] Analyst Says XRP Is Going To At Least $5 This Year - https://www.mitrade.com/insights/news/live-news/article-3-1062589-20250822

[6] Best Crypto Presale for Explosive Upside — MAGACOIN - https://en.bitcoinsistemi.com/best-crypto-presale-for-explosive-upside-magacoin-finance-forecasted-12500-roi-vs-hbar-xrp/

[4] XRP Trades Above $3 as Analyst Sees Support but Warns of Short-Term Pullback - https://www.financemagnates.com/trending/xrp-trades-above-3-as-analyst-sees-support-but-warns-of-short-term-pullback/