SEC to Decide on XRP Spot ETF Approval; Potential Price Rally

U.S. Securities and Exchange Commission (SEC) will rule on multiple XRP ETF applications between October 18 and 25, 2025. The review window opens with Grayscale on October 18 and closes with filings from 21Shares, Bitwise, CoinShares, Canary Capital, Franklin Templeton and WisdomTree on October 24–25. Recent government shutdowns paused the process, but amended S-1 statements signal issuer confidence in compliance and custody standards. Approval of a spot XRP ETF could unlock significant institutional investment. Traders saw strong fund inflows after Bitcoin (BTC) and Ethereum (ETH) spot ETFs launched, and similar demand could drive XRP prices from current levels ($2.47; -6.1% daily, -17% weekly) to analyst targets of $5–$15. Crypto traders should watch the SEC decision closely. A green light on the XRP ETF may trigger fresh buying pressure, bolstering short-term momentum and strengthening long-term market confidence.
Bullish
The SEC’s pending ruling on XRP spot ETF applications is likely bullish for XRP. In the short term, approval would trigger significant fund inflows by institutional investors, generating immediate buying pressure and a potential price uptick. Over the long term, an ETF approval increases market credibility and liquidity, attracting more participants and stabilizing growth. Historical launches of BTC and ETH spot ETFs saw substantial positive price impacts, suggesting a similar rally for XRP upon green light.