XRP is heading into one of its most pivotal months yet, with U.S. regulators preparing to weigh multiple applications that could transform its market profile.
The Securities and Exchange Commission (SEC) has lined up decisions on six spot ETF proposals for mid-to-late October, a cluster of rulings that could determine whether XRP becomes the next crypto asset with mainstream exchange-traded access.
The week-long review window covers filings from heavyweights including Grayscale, 21Shares, Bitwise, CoinShares, Canary Capital, and WisdomTree.
Unlike earlier ETF attempts that were judged case by case, the new listings arrive under streamlined SEC standards introduced in September — a change designed to speed approvals across the sector.
Momentum has already spilled into the market. The REX-Osprey XRP ETF, launched only weeks ago, has expanded rapidly with the addition of options, while open interest in XRP futures at CME has surged beyond $1 billion, the fastest growth among crypto derivatives this year.
CME plans to roll out XRP options on October 13, giving institutional investors yet another tool for exposure ahead of the SEC’s rulings.
At the same time, Ripple is awaiting word from the Office of the Comptroller of the Currency on its bid for a national bank charter, also expected in October. With ETFs, futures, and banking approvals all converging, traders see the month as a potential turning point for XRP’s integration into regulated finance.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/ripple-news-cme-options-etf-votes-and-bank-charter-put-xrp-in-focus/