XRP News Today: SEC's Altcoin ETF Acceleration Signals Crypto's Regulatory Shift

The U.S. Securities and Exchange Commission (SEC) has accelerated its review of exchange-traded fund (ETF) applications for Solana (SOL), Ripple (XRP), and Cardano (ADA), signaling a potential shift in regulatory approach toward altcoin-backed investment vehicles. This development follows the SEC's July 2025 approval of the Digital Large Cap (GDLC) ETF, the first regulated fund to hold multiple digital assets, including XRP, SOL, and ADA. Analysts at Bloomberg ETF Desk attribute the expedited process to improved market surveillance-sharing arrangements and the maturation of secondary crypto markets .

Multiple asset managers are pursuing XRP, SOL, and ADA ETFs. For XRP, Grayscale, Hashdex, and 21Shares have submitted filings, while Ripple's legal victories since 2023 have bolstered arguments that XRP is not a security in the U.S. ADA ETFs from VanEck and Franklin Templeton are under review, though delays persist due to fiscal-year funding constraints and an impending government shutdown in late October. SOL ETFs from Bitwise and Grayscale also face scrutiny, despite Solana's integration with CME-regulated derivatives and institutional volume on Coinbase Prime .

The SEC's review timeline has been complicated by a 24-day government shutdown starting October 1, 2025, which has halted non-essential operations. This has delayed key decisions on XRP, SOL, and ADA ETFs originally expected in October. Market participants, including Grayscale, 21Shares, and Bitwise, are preparing for immediate action once the SEC resumes full operations . Unlike funds under the Investment Company Act of 1940, spot ETFs require direct SEC approval, a process now stalled .

The news has driven short-term price gains for XRP, ADA, and SOL, with XRP and ADA rising 3-4% and SOL gaining 2% on Binance Futures. Polymarket data indicates a 83% probability of XRP ETF approval in 2025, 80% for SOL, and 71% for ADA, reflecting growing investor confidence . However, the SEC has requested public input on market manipulation risks for XRP ETFs, extending the review period to 240 days .

The SEC has asked issuers of XRP, ADA, and SOL ETFs to withdraw existing 19b-4 filings, signaling a move toward standardized approval rules for crypto ETFs. This shift, developed in consultation with the Commodity Futures Trading Commission (CFTC), aims to simplify the application process and enable generic approvals for multiple assets . If adopted, this framework could streamline future ETF launches for tokens like Polkadot (DOT) and Chainlink (LINK) .

The potential approval of XRP, SOL, and ADA ETFs would mark a structural milestone for crypto adoption, granting institutional and retail investors regulated exposure to altcoins beyond Bitcoin and Ethereum. Bloomberg ETF Desk analysts note that the SEC's precedent-setting GDLC ETF approval has demonstrated trust in the liquidity and accessibility of secondary crypto markets .

For XRP, the SEC's final decisions on applications from Grayscale, 21Shares, and Bitwise are expected between October 17–25, 2025. Franklin Templeton and WisdomTree face similar deadlines. A successful outcome would likely trigger a surge in institutional capital inflows, potentially boosting XRP's price to $3.50–$4.20 in the short term and $7.80 over six months .

[1] SEC Confirms Review Acceleration for XRP, ADA, and SOL ETF (https://coinfomania.com/sec-fast-tracks-xrp-ada-sol-etf-review-october-2025/)

[2] Ripple News: SEC Targets October 25 for XRP ETF (https://coinpedia.org/news/will-xrp-etfs-be-approved-on-october-25-sec-wants-no-delay/)

[4] SEC Reverses Stance on XRP, ADA, and SOL ETFs - investx.fr (https://investx.fr/en/crypto-news/sec-reverses-stance-on-xrp-ada-and-sol-etfs-essential-insights-for-investors/)

[5] Altcoin ETFs; XRP, SOL, DOGE, ADA, LTC in US (https://coinedition.com/altcoin-etf-approval-odds-high-xrp-sol-doge-ada-ltc/)

[12] XRP SEC Countdown 2025: Your Complete ETF (https://liquidityfeed.com/article/xrp-etf-approval/)