XRP News Today: SEC to Rule on 8 XRP ETF Filings by October 2025 as Price Stays Below $3

The U.S. Securities and Exchange Commission (SEC) has provided an update regarding pending XRP spot ETF applications, confirming that it will render final decisions on eight filings by October 2025 [1]. This includes applications from 21Shares and Coinshares, as well as potential conversions of existing XRP trusts into ETF formats by firms like Grayscale [2]. The agency’s decision is expected to play a pivotal role in determining XRP’s future, as well as its broader market impact, with analysts noting that approval could stimulate institutional interest and enhance market confidence [3].

Despite the regulatory progress, XRP has remained under pressure, trading below the $3 level and raising concerns about its long-term viability [4]. Technical analysts have highlighted the token’s failure to maintain key support levels, particularly around $2.92, warning that a break below this threshold could lead to further downward movement [5]. Additionally, the reduced influence of large whale activity—previously a source of stability—has added to the uncertainty [6]. In a market environment marked by profit-taking and overall crypto weakness, XRP appears vulnerable to deeper corrections without renewed accumulation from major holders [7].

The broader regulatory landscape remains a complicating factor for XRP ETFs. Recent approvals of multi-crypto spot ETFs were delayed following a stay order issued by the SEC, creating regulatory uncertainty for investors [8]. This environment adds to the complexity of XRP’s approval timeline, particularly given the ongoing legal battle between Ripple and the SEC, which continues to shape market sentiment and investor behavior [9]. Analysts remain cautious, emphasizing that clarity on this front is essential for any meaningful price recovery [10].

Looking ahead, market watchers are focusing on key price levels as potential catalysts for a turnaround. A decisive move above $3.10 and $3.15 is seen as crucial for rekindling upward momentum and testing former resistance levels around $3.20 and $3.35 [11]. On the downside, a sustained drop below $2.92 could trigger a retest of $2.72, further challenging the token’s resilience [12]. While some analysts predict a possible rebound to $3.66 if XRP regains control of critical technical levels, the token’s long-term success remains contingent on regulatory clarity, institutional adoption, and eventual ETF approval [13].

The broader cryptocurrency market is also influencing XRP’s trajectory. With Bitcoin and Ethereum experiencing pullbacks amid heavy profit-taking, the sector is in a consolidation phase [14]. This trend has not spared XRP, as it remains vulnerable to wider market sentiment. While the potential approval of XRP ETFs could introduce new liquidity and investor flows, the timing and conditions of such approvals remain unclear. In the absence of a definitive regulatory signal, market participants are closely monitoring price action and whale activity for potential signs of a reversal [15].

Source:

[1] XRP ETF Countdown: SEC to Decide on 8 Filings in October, https://cryptodnes.bg/en/xrp-etf-countdown-sec-to-decide-on-8-filings-in-october/

[2] XRP ETF Countdown: All Filings, Final Deadlines, and ..., https://coindoo.com/xrp-etf-countdown-all-filings-final-deadlines-and-market-outlook/

[3] Expert Predicts XRP ETFs Could Be the Spark That ..., https://bitcoinist.com/xrp-etfs-impact-on-the-tokens/

[4] XRP Weakness Below $3 Raises Questions About Long ..., https://bravenewcoin.com/insights/xrp-price-prediction-xrp-weakness-below-3-raises-questions-about-long-term-outlook

[7] Why XRP Is Going Down? XRP Price Drops 5% as Bitcoin ..., https://www.tradingview.com/news/financemagnates:df8d511ac094b:0-why-xrp-is-going-down-xrp-price-drops-5-as-bitcoin-and-ethereum-retreat-amid-heavy-crypto-profit-taking/