The countdown is on for XRP buyers because the U.S. Securities and Trade Fee (SEC) prepares to rule on eight pending XRP spot ETF purposes.
Ultimate selections are anticipated between October 18 and October 25, 2025, marking what may very well be a historic milestone for the token and its position in U.S. monetary markets.
In keeping with filings, a number of heavyweight companies—together with Grayscale, 21Shares, Bitwise, WisdomTree, Franklin Templeton, and CoinShares—are competing to launch the primary XRP spot exchange-traded fund. Every ETF would straight monitor XRP’s value, offering institutional and retail buyers a regulated gateway to the asset.
Key deadlines approaching
- Grayscale XRP ETF – Deadline: October 18, 2025
- 21Shares XRP ETF – Deadline: October 19, 2025
- Bitwise XRP ETF – Deadline: October 20, 2025
- Canary Capital XRP ETF – Deadline: October 24, 2025
- WisdomTree, Franklin Templeton, and CoinShares XRP ETFs – Deadline: October 25, 2025
- RexShares Rex-Osprey XRP ETF – Nonetheless beneath SEC evaluation after a July delay
If accredited, these ETFs would carry XRP nearer to parity with Bitcoin and Ethereum, each of which noticed spot ETFs greenlit earlier this cycle. Analysts say such a transfer may dramatically broaden XRP’s investor base, boosting liquidity and probably sparking institutional inflows.
Ripple impact for the market
The filings come after Ripple’s landmark authorized victory towards the SEC in 2024, the place courts dominated XRP itself will not be a safety. That ruling cleared the trail for ETF suppliers to pursue spot merchandise with much less regulatory threat.
Market watchers warning, nonetheless, that approval will not be assured. The SEC might stagger selections or delay ultimate rulings, as seen with earlier crypto ETFs. Nonetheless, the clustering of deadlines inside a single week in October has raised expectations for at the least one inexperienced mild.
For XRP’s value motion, October is shaping up as a essential month. Ought to a number of ETFs be accredited, it will mark the token’s greatest breakthrough in mainstream finance since its inception.