XRP News Today: XRP ETF Deadlines Near: $11B Inflows Could Reshape Liquidity, Push Price Past $3

The U.S. Securities and Exchange Commission (SEC) faces a critical October 2025 deadline for decisions on 11 spot XRP ETF applications, with potential inflows projected to surpass those of Bitcoin and Ethereum. Key applicants include Grayscale, Bitwise, 21Shares, and WisdomTree, each navigating regulatory scrutiny while aiming to capitalize on XRP's post-Ripple lawsuit clarity. Analysts estimate approvals could unlock $5–$11 billion in institutional capital, tightening XRP's liquidity and potentially driving price appreciation above $3.

Grayscale's XRP ETF, with a final decision date of October 18, 2025, leads the pack, followed closely by 21Shares (October 19) and Bitwise (October 20). Franklin Templeton's application, delayed to November 14, highlights extended review periods due to the SEC's limited staffing during the federal shutdown. ProShares' Ultra XRP ETF, the only approved futures product, launched in July 2025 with 2x leveraged exposure, setting a precedent for structured XRP products.

Market dynamics underscore XRP's regulatory progress. Ethereum ETFs recorded $175 million in outflows on October 10, 2025, as the SEC advanced XRP filings, including amendments from Bitwise, Grayscale, and 21Shares. Analysts note that XRP ETF approvals could trigger a domino effect for altcoin ETFs, with Solana, Litecoin, and Dogecoin next in line. However, short-term volatility persists, with XRP trading at $2.46 as of October 10, reflecting broader crypto market fragility amid geopolitical tensions.

Institutional demand is evident in global filings. Canada's Purpose XRP ETF and Singapore's pending proposals signal international adoption, while U.S. futures ETFs like Volatility Shares' 1x and 2x products already trade with $5–$320 million in assets. Domestic applicants emphasize custodial solutions, surveillance-sharing agreements, and low-fee structures to attract retail and institutional investors.

The SEC's evolving stance, including generic listing standards for crypto ETFs in September 2025, accelerates the approval timeline. Bloomberg analysts assign 95% odds to XRP ETF approvals, citing parallels to Bitcoin and Ethereum's regulatory acceptance. However, internal SEC divisions, such as Commissioner Caroline Crenshaw's historical opposition to crypto ETFs, introduce uncertainty.

Market plumbing shifts are anticipated. XRP's circulating supply of 54 billion tokens faces potential absorption by ETFs, reducing exchange liquidity and stabilizing price discovery. Derivatives data, including rising open interest ($1.8 billion) and a put/call ratio of 0.68, indicate bullish positioning ahead of October deadlines.

While delays persist, the XRP ETF landscape remains dynamic. Rex-Osprey's XRPR ETF, approved in September 2025, demonstrates the feasibility of U.S. spot XRP products under the 1940 Act framework. If multiple approvals cluster in October, XRP could mirror Bitcoin's ETF-driven rally, with projected inflows tightening supply and reinforcing institutional adoption.