XRP News Today: Regulators' Delays Cast Shadow Over XRP's ETF Hopes

The U.S. Securities and Exchange Commission (SEC) has delayed decisions on multiple spot XRP exchange-traded fund (ETF) applications, pushing key rulings to October 2025. The regulator has extended the review period for proposals from CoinShares, Bitwise, Grayscale, 21Shares, and Canary, with new deadlines ranging from October 18 to October 24. These delays have added to investor uncertainty in the XRP market. Grayscale’s XRP Trust, for instance, initially had a 180-day review period ending on August 19, but the SEC added an additional 60 days for further evaluation. Similar extensions have been applied to other applications, including 21Shares’ and CoinShares’ proposals. The regulator cited the need for a more thorough assessment as the basis for these delays.

The price of XRP has experienced a significant decline following the news of the ETF delays. According to CoinMarketCap data, XRP fell to $2.89 at the time of reporting, a 3.82% drop within 24 hours and a 10.84% decline over the past week. The drop has been attributed to heightened market uncertainty surrounding the regulatory landscape. Analyst Ripple Van Winkle noted that XRP is now trading below the critical $3 support level, with a 5.4% decline in a single day—the largest since July. While retail investors have been selling off their positions, institutional investors have been accumulating, purchasing $3.8 billion worth of XRP during the downturn.

Technical indicators suggest that XRP is forming a symmetrical triangle pattern, indicating that a breakout or breakdown could be imminent. Analysts have highlighted that a successful move above the $3.26 level could push the price toward $3.9, whereas a failure to break through key resistance levels could drive the price below $2.96. The market is closely watching whether bulls can reclaim the $3.08–$3.14 range, as this would signal renewed confidence in the asset.

Analysts have also weighed in on the potential impact of an XRP ETF approval. Predictions from market experts suggest that if a spot ETF is launched and gains traction, XRP could see a surge in value, with price forecasts ranging from $10 to $20 depending on inflow levels. These predictions are contingent on the SEC’s eventual decision and the subsequent demand generated by institutional investors. The prediction market Polymarket has also shown optimism, with odds of approval before year-end standing at 77%. Some analysts have even suggested that XRP could reach as high as $6 by 2025 if it gains adoption in global financial transactions.

Market reactions to the SEC’s delays have been mixed. Some traders have expressed frustration over the prolonged regulatory process, while others view the extensions as part of a standard review. Social media commentary has suggested that the timing of the delays could be designed to suppress XRP’s price ahead of a potential approval, though these claims remain unverified. Despite these concerns, XRP has shown resilience in holding key support levels, and some traders are positioning themselves for a potential rebound if the ETF is approved in October.

Source:

[1] XRP Price Crashes After SEC Denies XRP ETFs, What Are ... (https://bitcoinist.com/us-sec-denies-xrp-etfs/)

[2] Analyst Predicts XRP Could Surge to $10–$20 Following ... (https://www.cryptoninjas.net/news/analyst-predicts-xrp-could-surge-to-10-20-following-spot-etf-launch/)

[3] XRP Price Crashes After SEC Denies XRP ETFs, What Are ... (https://www.mitrade.com/insights/news/live-news/article-3-1055561-20250821)

[4] Ripple (XRP) Set for Breakout? Key Buy Signal and ETF ... (https://icobench.com/news/ripple-xrp-set-for-breakout-key-buy-signal-and-etf-decision-in-focus/)

[5] SEC Pushes Back Multiple Altcoin ETF Decisions to ... (https://www.financemagnates.com/trending/sec-pushes-back-multiple-altcoin-etf-decisions-to-october-as-xrp-trades-near-3/)