🚀 Game-Changer: Multiple Spot Ripple (XRP) ETF Filings Drop – Here’s What You Need to Know

The crypto world just got rocked—again. Fresh filings for spot XRP ETFs hit the market today, signaling Wall Street’s latest desperate attempt to stay relevant in the decentralized revolution.

Why This Matters: After years of regulatory limbo, institutional players are finally betting big on Ripple’s liquidity powerhouse. No more hiding behind Bitcoin’s coattails.

The Fine Print: At least three major asset managers threw their hats in the ring. No specifics yet on fees or structures—because why spoil the surprise before the marketing blitz?

Bottom Line: Whether this triggers an XRP price surge or becomes another ‘crypto innovation’ buried in SEC paperwork, one thing’s clear: TradFi’s FOMO is now on blockchain time.

The first update published minutes ago by the securities regulator informs that it has once again delayed making a decision on whether to approve ot reject Nasdaq’s proposal to list and trade the Coinshares’ XRP ETF.

The filing reads that the SEC has extended the review period beyond the initial August 24 deadline, pushing the final decision date to October 23, 2025. It explained that this extension allows additional time to evaluate the proposed rule change and the new public comments it has received.

If approved, the Coinshares XRP ETF WOULD be structured under Nasdaq’s Commodity-Based Trust Shares framework, giving investors regulated exposure to Ripple’s token through traditional markets.

Reports emerged after this SEC announcement that the agency has also delayed making a decision regarding two more XRP ETF applications – those filed by Bitwise and Canary.

Ripple’s token has followed the overall market-wide correction in the past few days, dropping below $3 earlier today, which is a key support level. Although it currently sits slightly above it, the danger still looms for another price crash to as low as $2.10, as a few analysts warned earlier today.