Senate Vote Restores Funding, Opens Door for XRP Spot ETF
A US Senate vote of 60-40 advanced a bipartisan bill to reopen federal funding, aiming to end the longest government shutdown. The measure, pending a House vote, would allow regulators—especially the SEC—to resume normal operations after ETF review staff were furloughed. This halt stalled dozens of filings, including spot XRP ETFs from Grayscale, Bitwise, 21Shares and CoinShares, whose decision deadlines passed in October. With the shutdown ending, XRP ETF applications could be among the first to move, as the SEC had issued new guidelines to speed approvals. Spot XRP ETFs promise direct XRP exposure via brokerage accounts, likely boosting price and liquidity through renewed institutional demand, similar to earlier Bitcoin and Ethereum ETF launches.
Bullish
Reopening the government and resuming SEC ETF reviews directly benefits XRP ETF filings, removing a key regulatory bottleneck. Historically, ETF approvals for Bitcoin and Ethereum triggered significant institutional inflows and price rallies. In the short term, we can expect renewed speculative buying as filings move forward. Over the long term, approved spot XRP ETFs should attract institutional capital, improve liquidity, and strengthen market confidence—mirroring the bullish impact seen after BTC and ETH ETF launches.