XRP News Today: SEC Shutdown Delays XRP ETFs: Regulatory Limbo Overshadows October 2025 Market Hopes


The U.S. Securities and Exchange Commission (SEC) has postponed decisions on multiple XRPXRP-- exchange-traded fund (ETF) applications due to a government shutdown, delaying approvals expected in October 2025. Routine operations at the SEC, including ETF reviews, have been suspended under the shutdown, which has also impacted deadlines for LitecoinLTC-- and other crypto ETFs[1]. The agency's Generic Listing Standards framework, introduced in September 2025, has further complicated timelines by requiring issuers to withdraw prior 19b-4 filings, rendering previous deadlines obsolete[2]. While the SEC retains authority over fraud and emergencies, its ability to process spot ETF applications remains limited until funding is restored[1].
Approximately 11 spot XRP ETF proposals from major firms like Grayscale, 21Shares, Bitwise, and CoinShares are now subject to revised deadlines ranging from October 18 to November 14, 2025[3]. The coordinated review approach mirrors the SEC's handling of BitcoinBTC-- and EthereumETH-- ETFs, where simultaneous approvals or rejections were common[2]. Analysts note that the delays could delay market access for institutional investors, though leveraged XRP futures ETFs have already launched, signaling growing interest in structured products. The absence of major asset managers like BlackRock from the XRP ETF space has also been highlighted, with the firm citing regulatory uncertainty and legal challenges as reasons[2].
Amid regulatory uncertainty, technical analysis suggests XRP could experience a bullish breakout. Elliott Wave models, analyzed by traders like Dark Defender and CasiTrades, indicate a potential upward trajectory if XRP breaks above $3.30. This level aligns with key Fibonacci extensions and historical consolidation patterns, with targets projected at $5.90 in the medium term and $10 or higher in the long term. Analysts attribute the optimism to a combination of technical indicators, including a descending triangle breakout and strong volume surges, as well as potential catalysts like ETF approvals and broader institutional adoption.
The October 2025 deadlines for XRP ETFs remain pivotal. If approved, the funds could unlock billions in institutional inflows, surpassing even Bitcoin and Ethereum ETFs in size[3]. However, the SEC's cautious approach to altcoins, combined with unresolved legal disputes involving Ripple, introduces risks to this outlook[5]. Market observers emphasize that XRP's performance will also depend on Bitcoin's trajectory, as strong Bitcoin cycles historically correlate with altcoin rallies.
Despite delays, XRP's price has shown resilience, trading near $3.10 as of late September 2025. On-chain data and cost basis distributions highlight significant accumulation below $2.80, reinforcing the $3.30 breakout threshold as a critical psychological and technical level. Analysts caution that while the Elliott Wave model suggests a favorable environment, regulatory developments and macroeconomic factors could alter the trajectory.
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