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$XRP News: Will Grayscale XRP ETF Get SEC Approval by October?

$XRP News: Will Grayscale XRP ETF Get SEC Approval by October?

CoingabbarEN
Release Time:
2025-02-21 12:30:00
0

Will Grayscale's XRP ETF Get Approved? SEC Review Begins as Optimism Grows

Grayscale XRP ETF Filing Enters Official Review

Big news for XRP fans! The Federal Register has now published Grayscale's XRP ETF 19b-4 filing with the U.S. Securities and Exchange Commission. This indicates that the review process has started. The SEC has until October 18, 2025, to give its ruling on the filing. Investors are feeling hopeful, with Polymarket showing an 81% chance of approval.

This is a huge moment for the Grayscale XRP Trust. If the Grayscale XRP ETF gets the green light, it could make it easier for regular investors to buy XRP through stock exchanges.

A Look Back: How We Got Here

The SEC had already acknowledged filings for both Dogecoin and XRP ETFs from Grayscale. While acknowledgment isn’t the same as approval, it shows the SEC is seriously reviewing the proposals. Grayscale has a strong history, having already secured a Bitcoin ETF, which gives investors more confidence.

This is a big change from the past when the SEC was more skeptical about altcoins. Now, the growing list of ETF filings signals that crypto investments are becoming more accepted in traditional finance.

Brazil’s XRP ETF Approval: A Positive Sign?

Adding more excitement, Brazil recently approved the world’s first spot XRP ETF. On February 19, 2025, Brazil’s CVM gave the green light to the Hashdex Nasdaq XRP Index Fund, which will soon trade on Brazil’s B3 exchange.

This global recognition could have indirect influence on the SEC's decision regarding the Grayscale ETF. It demonstrates growing global confidence in XRP as a legitimate investment vehicle, possibly boosting the chances of a U.S. approval.

How Could This Impact XRP’s Price?

The market has been moving a lot since this news broke. In 24 hours XRP’s price saw a high of $2.73 and a low of $2.64, and currently it's trading at $2.66, down 0.37% in the last 24 hours.

Many traders speculate that a favorable term on the Grayscale XRP ETF might make XRP’s price string higher. XRP price predictions are all over the place—some say it could reach $4, others predict $15, and a few even suggest it could hit $110. No one can say for sure, but the buzz around the ETF is definitely building excitement.

The Altcoin ETF Race: Who’s Next?

Grayscale’s XRP ETF isn’t the only one in the spotlight. Several other altcoins are also waiting for their turn:

  • Litecoin ETF (Canary, Grayscale) 

  • Solana ETF (Grayscale, VanEck, 21Shares, Canary, Bitwise) 

  • XRP ETF (Grayscale, Bitwise, Canary, 21Shares, WisdomTree) 

  • Dogecoin ETF (Grayscale, Bitwise) 

With Brazil already approving an XRP ETF and the SEC reviewing Grayscale’s filing, the big question is: Which altcoin ETF will get U.S. approval next? Investors are watching closely. Will the Grayscale XRP ETF be the next big thing? Time will tell, but the excitement is real.

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