XRP ETF Approval Countdown Begins: 7 Filings Trigger 20-Day SEC Deadline
- Why Are 7 XRP ETF Filings Suddenly on a Fast Track?
- Ripple’s Institutional Power Plays
- The SEC’s Impossible Dilemma
- XRP’s Make-or-Break Moment
- FAQ: Your XRP ETF Questions Answered
The crypto world is buzzing as seven major asset managers, including 21Shares and Grayscale, have filed amended XRP ETF applications with the SEC—removing key delaying clauses and starting a 20-day approval countdown. If the SEC doesn’t act by November 28, 2025, these ETFs could get automatic greenlights, potentially funneling billions into XRP’s ecosystem. Ripple’s strategic moves, regulatory precedents, and institutional demand suggest this could be XRP’s breakout moment. Here’s why Wall Street is watching closely.
Why Are 7 XRP ETF Filings Suddenly on a Fast Track?
In a bold regulatory chess move, seven asset managers—21Shares, Grayscale, and five others—simultaneously amended their XRP ETF applications this week by removing "suspension clauses." This triggers an obscure Securities Act provision: if the SEC doesn’t explicitly reject the filings within 20 days (by November 28, 2025), approval becomes automatic. Securities lawyer Melisa Hong calls this a "hostile takeover tactic in regulatory terms." The SEC now faces mounting pressure after approving Bitcoin, Ethereum, Solana, and Litecoin ETFs earlier this year. Rejecting XRP could spark legal challenges given its July 2023 court victory declaring it non-security.
Ripple’s Institutional Power Plays
While ETF issuers force the SEC’s hand, Ripple isn’t sitting idle. Their new "Ripple Prime" service targets institutional investors needing compliant crypto access, and their RLUSD stablecoin just hit $1B market cap—proving demand. "XRP’s lack of retail hype is actually an institutional advantage," notes BTCC analyst Mark Liu. "Big money cares about tokenomics and clarity, both of which XRP now has post-lawsuit." CoinShares data suggests XRP ETF demand could mirror Bitcoin’s 2024 debut, with $5B-$10B inflows in the first month.
The SEC’s Impossible Dilemma
SEC Commissioner Caroline Crenshaw recently admitted: "We’ve lost the consistency argument." With four major crypto ETFs already trading, blocking XRP WOULD require justifying its difference—a tough sell after Ripple’s legal wins. Pro-crypto Congress members are already calling rejection "unjust discrimination." The 20-day clock gives the SEC until Thanksgiving week to decide. If they stay silent, Wall Street gets a new crypto asset class; if they reject, they risk another courtroom showdown.
XRP’s Make-or-Break Moment
November 28 isn’t just a deadline—it’s XRP’s shot at legitimacy. Approval would unlock Ripple’s partnerships with global payment giants (think MoneyGram and Santander) through ETF custody solutions. Crypto influencer "XRP_King" tweeted: "This is the institutional on-ramp we’ve waited 8 years for." Meanwhile, TradingView charts show XRP’s 30-day volatility at a 2-year low, suggesting whales are accumulating ahead of the decision.
FAQ: Your XRP ETF Questions Answered
What happens if the SEC does nothing?
The ETFs automatically approve on November 28, 2025—likely causing immediate listings on exchanges like BTCC and Coinbase.
Could the SEC still reject the filings?
Yes, but they’d need new legal arguments beyond what failed in Ripple’s 2023 case, risking further court battles.
How much institutional demand exists?
Coinmarketcap data shows XRP’s institutional holdings grew 217% since July 2023, now representing 38% of circulating supply.
