Seven Firms Resubmit XRP Spot ETF Filings to SEC — Approval Odds Surge After Ripple Victory
In a coordinated move signaling strong institutional confidence, seven major asset managers have resubmitted revised XRP spot ETF filings to the SEC. The update follows Ripple’s landmark legal victory and regulatory feedback — sending XRP price soaring 7% to $3.08
The ETF Push: Seven Giants Step Forward
The race for a spot XRP ETF has entered its final phase.
In August 2025, seven leading financial firms — including:
- Grayscale
- Bitwise
- 21Shares
- VanEck
- ARK Invest
- Fidelity
- WisdomTree
— submitted updated S-1 registration forms with structural improvements designed to meet SEC expectations.
This isn’t a scattered effort.
It’s a unified front, modeled after the successful Bitcoin and Ethereum ETF approvals, showing that Wall Street is serious about XRP.
Why Now? Ripple’s Legal Win Changed Everything
For years, the SEC used Ripple’s ongoing lawsuit as a reason to delay or reject XRP ETF applications.
But that excuse vanished in August 2025, when:
- The U.S. Court of Appeals dismissed all appeals
- Ripple paid a $125M penalty, closing the case
- Judge Torres’ ruling — that programmatic XRP sales are not securities — became final
This legal clarity removed the biggest roadblock to ETF approval.
As one analyst put it:
“The SEC can’t hide behind the Ripple case anymore.”
Now, regulators must evaluate XRP on its own merits — and the market believes they will say yes.
XRP Price Soars: +7% to $3.08 on Volume Spike
The news triggered an immediate rally.
| Metric | Update |
|---|---|
| XRP Price | Jumped 7% to $3.08 |
| Trading Volume | Surged over 24 hours |
| Market Sentiment | Shifted to “Greed” on Fear & Greed Index |
| Analyst Outlook | “High chances of approval” — BitcoinInfoNews.com |
Investors are pricing in a domino effect:
If Grayscale’s XRP ETF is approved, others will follow — just like with Bitcoin.
ETF Structure: Learning from BTC’s Success
The revised filings incorporate key lessons from the $50B+ Bitcoin ETF ecosystem, including:
- Hybrid creation/redemption mechanisms (cash or in-kind)
- Surveillance-sharing agreements with major exchanges
- Top-tier custodianship (Coinbase, BitGo, Fidelity)
- Clear disclosure frameworks for token distribution and reserves
These changes directly address SEC concerns about market manipulation and investor protection — making rejection harder to justify.
ETF expert Eric Balchunas (Bloomberg) commented:
“The potential exposure of institutional investors to XRP through an ETF could lead to more widespread adoption and price stabilization.”
What’s Next: October 18 — Grayscale’s Decision Day
All eyes are now on October 18, 2025 — the SEC’s deadline to rule on Grayscale’s XRP ETF application.
Key milestones ahead:
- SEC issues a notice of effectiveness → approval
- Launch within 1–2 weeks of approval
- Other issuers fast-follow within months
If approved, we could see:
- $3B–$10B in first-year inflows
- New listings on major brokerage platforms (Fidelity, Schwab, Robinhood)
- XRP added to retirement accounts and index funds
Final Outlook: XRP ETF Is No Longer a “Maybe” — It’s a “When”
This wave of resubmissions isn’t speculation.
It’s institutional conviction.
With:
- ✅ Legal clarity secured
- ✅ Regulatory-aligned ETF structures
- ✅ Wall Street heavyweights committed
- ✅ Market momentum building
…a spot XRP ETF is now one of the most anticipated financial products of 2025.
And when it launches,
XRP won’t just follow Bitcoin — it could ride its coattails into a new era of mass adoption.
