XRP News Today: SEC's "Rain Delay" Prolongs XRP's $4 ETF-Driven Ascent

XRP's potential to reach $4 has gained traction as institutional interest in XRP ETFs intensifies, despite delays in SEC approvals. Multiple applications from major asset managers, including Grayscale, WisdomTree, and Franklin Templeton, are pending regulatory clearance, with final deadlines clustered between October 17 and October 25, 2025 Full List of XRP ETF Filings: New Dates, Deadlines, and More^[1]. However, the U.S. government shutdown has paused the SEC's routine operations, including ETF reviews, leaving approximately 90 filings in limbo Full List of XRP ETF Filings: New Dates, Deadlines, and More^[2]. Analyst Eric Balchunas of Bloomberg noted the delay as a "rain delay," emphasizing the SEC's limited capacity to act during the shutdown Full List of XRP ETF Filings: New Dates, Deadlines, and More^[1].

On-chain data and technical analysis further bolster optimism. A bull flag pattern on XRP's daily chart, identified by analysts like STEPH and Peter Brandt, suggests a potential breakout to $4.00 or higher. Fibonacci extensions from the pattern project price targets at $3.59, $3.98, and even $6.70 . Additionally, on-chain metrics indicate strong support around $2.80, with UTXO Realized Price Distribution showing significant holdings at this level, reinforcing a defensive price floor .

Institutional adoption is another catalyst. Six XRP ETFs are already live, offering leveraged and futures exposure, while spot ETFs await approval. If granted, these products could drive substantial inflows-estimates range from $5 to $15 billion-by attracting institutional and retail capital XRP Price Prediction 2025 As Ripple Escapes SEC Case: While …^[5]. The approval of Bitcoin and Ethereum ETFs earlier in 2025 has set a precedent, with XRP's regulatory clarity post-Ripple's SEC settlement further reducing institutional hesitancy .

However, risks remain. The SEC's delayed decision-making and potential structural constraints, such as reliance on derivatives rather than spot purchases, could mitigate price impacts XRP Price Prediction 2025 As Ripple Escapes SEC Case: While …^[5]. Analysts also caution that "buy the rumor, sell the news" dynamics might temper gains if inflows fall short of expectations XRP Price Prediction 2025 As Ripple Escapes SEC Case: While …^[5]. Despite these uncertainties, the convergence of ETF momentum, technical strength, and institutional interest positions XRP for a potential rally toward $4, contingent on regulatory and market developments.