XRP News Today: Regulators Nod as XRP ETF Hurdles Near Breakthrough

Asset managers are making significant progress in their efforts to launch spot XRP exchange-traded funds (ETFs) as several major firms submit regulatory updates and amendments to their S-1 filings with the U.S. Securities and Exchange Commission (SEC). On Friday, six asset management firms—Grayscale, Bitwise, Canary Capital, CoinShares, Franklin Templeton, 21Shares, and WisdomTree—filed amendments to their proposed spot XRP ETFs, reflecting a coordinated wave of activity as they position for potential SEC approval [2]. Grayscale also submitted a new S-1 registration statement for its Grayscale XRP Trust ETF [2]. These filings followed the U.S. Court of Appeals for the Second Circuit’s approval of a joint stipulation of dismissal in the long-running Ripple Labs and SEC lawsuit, signaling a favorable regulatory environment for XRP ETFs [3].

The timing of the filings coincided with broader market optimism, driven by Federal Reserve Chair Jerome Powell's comments at the Jackson Hole symposium, which hinted at a potential interest rate cut in September. XRP surged approximately 10% to trade at $3.10, reflecting growing investor confidence in the prospects of XRP ETFs [4]. Ethereum also reached a new all-time high, exceeding $4,887, highlighting the broader market’s positive momentum [2]. Analysts suggest that the SEC’s delayed decisions, initially scheduled for mid-August, have been pushed to October, allowing for more detailed regulatory scrutiny [1].

ETF issuer WisdomTree has positioned XRP as a preferred institutional investment vehicle, citing its access to regulated onshore markets through CME-listed futures. This access eliminates the regulatory uncertainties associated with offshore trading venues and enables consistent basis trading for institutional investors [5]. WisdomTree’s assessment underscores the evolving institutional interest in XRP, which is now viewed as a superior tactical onshore play compared to Bitcoin, Ethereum, and Solana [5]. Bloomberg analyst James Seyffart estimates the approval odds for XRP ETFs at nearly 95%, with decisions expected in late October [3]. JPMorgan further forecasts that spot XRP ETFs could attract up to $8 billion in inflows during their first year of trading [3].

The regulatory landscape for XRP has also improved significantly in 2025, with Ripple’s legal victory contributing to a more favorable environment for XRP-based financial instruments. The dismissal of the SEC’s case against Ripple has provided legal clarity and further boosted market confidence in the token’s legitimacy [3]. Analysts expect that the approval of XRP ETFs could lead to increased liquidity and institutional adoption, mirroring the impact seen with Bitcoin and Ethereum ETFs in previous years [1]. This shift could attract new capital to the broader cryptocurrency market, benefiting major assets like Bitcoin and Ethereum through increased trading volumes and clearer pricing structures [6].

The recent flurry of XRP ETF filings reflects a growing consensus among institutional players to include XRP in regulated investment products. The amendments to S-1 filings aim to address concerns raised by the SEC, particularly regarding fund structure, redemptions, and the treatment of XRP holdings [2]. While the SEC has not yet approved any spot XRP ETF, the increased engagement with regulators and the coordinated nature of the filings suggest that the path to approval is becoming clearer [4]. This regulatory progress is likely to enhance the accessibility of XRP for a broader range of investors, potentially driving further price appreciation and market maturity.

Source: [1] The SEC Just Announced Delays for an XRP ETF And Spot ... (https://finance.yahoo.com/news/sec-just-announced-delays-xrp-183700230.html) [2] Six asset managers file amendments for spot XRP ETFs as ... (https://cryptobriefing.com/xrp-etf-filings-grayscale-eth-ath/) [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/) [4] XRP Price Jumps 10% as Six Firms Update Spot XRP ETF ... (https://coincentral.com/xrp-price-jumps-10-as-six-firms-update-spot-xrp-etf-proposals-with-sec/) [5] WisdomTree Positions XRP Above Bitcoin, Ethereum for ... (https://yellow.com/news/wisdomtree-positions-xrp-above-bitcoin-ethereum-for-institutional-trading) [6] Ripple Legal Win Prompts Grayscale's S-1 for XRP ETF (https://www.fxleaders.com/news/2025/08/24/ripple-legal-win-prompts-grayscales-s-1-for-xrp-etf/)