Major firms file revised XRP spot ETFs with the SEC, under review since August.
- Seven firms resubmit XRP spot ETF filings to SEC.
- Decisions delayed, with regulatory review ongoing.
- Firms include Grayscale, Bitwise, and 21Shares.
Seven major asset management firms, including Grayscale and Bitwise, submitted revised XRP spot ETF filings to the SEC in August 2025, following input from regulators and Ripple’s legal victory.
This collaborative move underscores a critical juncture in crypto ETF acceptance, with XRP prices surging 7% amid institutional enthusiasm and expectations for regulatory approval.
Seven major asset management firms have submitted updated filings for XRP spot ETFs with the SEC, following Ripple’s court victory, with decisions pending until October 2025.
These filings reflect significant regulatory engagements and could impact XRP’s market position, which recently saw a price surge.
Seven Asset Managers Refile XRP ETF Applications
In August 2025, seven major asset management firms refiled their applications for XRP spot ETFs with the SEC. This follows a favorable legal outcome for Ripple against regulatory actions. Firms like Grayscale and Bitwise have spearheaded Bitcoin and Ethereum ETFs. They now focus on XRP, pushing through regulatory revisions and amendments for potential approval.
XRP Price Jumps 7% Following ETF News
The filing news prompted a 7% surge in XRP’s price to $3.08. The institutional interest indicates potential market optimism for the asset amidst the regulatory review process. If approved, the XRP ETFs could significantly affect financial markets and asset management strategies, indicating increased adoption of XRP alongside other cryptocurrencies like Bitcoin and Ethereum. Eric Balchunas noted, “The potential exposure of institutional investors to XRP through an ETF could lead to more widespread adoption and price stabilization.”
Ripple’s Legal Win Boosts ETF Approval Odds
Previous Bitcoin ETF launches resulted in notable institutional buy-ins and price movements. The XRP filings could experience similar market behavior, especially with pending approvals from the SEC. Experts predict high chances of approval for XRP ETFs owing to legal victories and regulatory amendments, which may encourage broader institutional investment in similar crypto assets.
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