XRP News Today: Regulators and Crypto Align as XRP ETF Hopes Gain Momentum

New ETF Filings Hint at Broader Crypto Product Boom Ahead

Recent developments in the U.S. financial market indicate growing momentum for new crypto-related exchange-traded funds (ETFs). In particular, a flurry of amended XRP ETF applications has been submitted by major asset managers, signaling optimism that the U.S. Securities and Exchange Commission (SEC) is moving toward approval. Seven firms—including Grayscale, Bitwise, Canary, CoinShares, Franklin Templeton, 21Shares, and WisdomTree—filed revised applications on August 22, 2025, according to industry reports. These updates suggest that the SEC is engaging in active dialogue with applicants, a process that analysts view as a positive sign of progress in the regulatory review.

Experts believe the XRP ETF could be the first altcoin-based ETF to receive approval. The SEC has set a mid-October 2025 deadline for decisions on most of these applications, which aligns with previous predictions that approvals will not occur before the fourth quarter. Bloomberg Intelligence analyst James Seyffarth highlighted that these amendments are part of an ongoing conversation with the SEC and reflect a natural step in the process. Bitwise’s S-1 filing included a revised redemption mechanism that now allows for cash options in addition to in-kind redemptions, addressing a point of contention seen during the approval process for Bitcoin ETFs.

The timing of the filings coincided with a significant development in the broader crypto regulatory landscape. A federal appeals court issued a mandate formally dismissing the SEC’s case against Ripple Labs, clearing a major legal hurdle for XRP products. This outcome likely encouraged ETF issuers to accelerate their efforts to refine and resubmit their applications. Nate Geraci, president of The ETF Store, noted the clustering of these filings as a “very good sign” and described it as a “highly notable” development in the XRP ETF approval process.

Market participants are closely watching whether the SEC will follow through on its stated timeline. JPMorgan estimates that spot XRP ETFs could generate up to $8 billion in inflows during their first year of trading, further underscoring the potential size and significance of these products. If approved, the XRP ETF would represent a major milestone in the expansion of crypto ETF offerings beyond Bitcoin and Ethereum, opening new avenues for institutional and retail investors to access altcoin exposure.

The broader crypto market has shown signs of resilience and growth, with Bitcoin and Ethereum posting strong gains in recent days. These trends suggest a receptive environment for new crypto financial products as investor interest continues to evolve. Analysts remain cautiously optimistic that the SEC’s upcoming decisions will reflect a more favorable regulatory approach to crypto innovation, provided that the applications meet its requirements.

Source: [1] 21Shares - Crypto Made Easy (https://www.21shares.com/en-us) [2] XRP ETFs May Be First to Win SEC Approval (https://coinpaper.com/10679/xrp-et-fs-near-approval-sec-dialogue-sparks-optimism) [3] 'Cluster' of amended XRP ETF filings roll in as Ripple seals ... (https://www.dlnews.com/articles/markets/cluster-amended-xrp-etf-filings-roll-in-ripple-sec-dismissal/)