Grayscale Don Apply for Spot XRP ETF, E Dey Boost Optimism for XRP ETF
Grayscale don submit S-1 registration with U.S. SEC for Spot XRP ETF, after Ripple court talk say for 2023 sey XRP tokens wey dey trade for exchange no be security. This application join grouped filings from Bitwise and WisdomTree under SEC’s simple crypto ETF framework, after dem approve spot Bitcoin and Ethereum ETF. XRP trading volume and price jump pass 10% come reach about $3.10 because of the news. Traders dey focus now on October 18–25, 2025 decision window, dey wait SEC comment, market surveillance agreement, custody arrangement and exchange readiness. Analysts believe sey SEC approval for Spot XRP ETF go open big institutional and retail money, the same way how BTC and ETH ETFs bring liquidity plus put XRP for main market.
Bullish
Di filing of Spot XRP ETF dey bullish for XRP. For short term, di announcement make price and volume jump over 10% as traders dey price in SEC approval chances. For long term, formal ETF approval go open proper institutional and retail money come in, go make market deep, and go join XRP with mainstream finance—like how liquidity and price trend waka after BTC and ETH ETF approvals.