Grayscale and Others File Revised XRP ETF S-1 with SEC

Key Points:

  • Revised XRP ETF filings submitted by major asset managers.
  • SEC decision expected between October 18 and 25.
  • Anticipated market shifts following regulatory approvals.

Major asset managers, including Grayscale and Bitwise, have amended S-1 filings for XRP spot ETFs, responding to SEC feedback as they pursue U.S. market approval.

Magacoin Fiancne

These filings could lead to significant institutional investment in XRP, similar to Bitcoin and Ethereum markets, impacting crypto asset performance and regulatory frameworks.

XRP Market Dynamics Amid Filing Updates

Did you know? Current XRP filings arrive amid comparisons to Bitcoin’s initial ETF proposals, highlighting a trend of regulatory enlightenment and market maturity.

As of August 23, 2025, XRP trades at $3.04, marking a 6.24% rise in a day, per CoinMarketCap. The market cap stands at $180.71 billion, representing a 4.48% market dominance. Trading volume surged to $10.14 billion, up 119.49% in 24 hours. Despite recent gains, 7-day and 30-day changes show respective dips of 1.84% and 5.61%, while improvements in 60-day and 90-day measures are up 41.24% and 31.84%.

“The recent clarity in regulatory matters surrounding XRP bolsters our confidence in pursuing a market-oriented approach with our ETF proposals.”Hunter Horsley, CEO, Bitwise

XRP Market Dynamics Amid Filing Updates

Did you know? Current XRP filings arrive amid comparisons to Bitcoin’s initial ETF proposals, highlighting a trend of regulatory enlightenment and market maturity.

As of August 23, 2025, XRP trades at $3.04, marking a 6.24% rise in a day, per CoinMarketCap. The market cap stands at $180.71 billion, representing a 4.48% market dominance. Trading volume surged to $10.14 billion, up 119.49% in 24 hours. Despite recent gains, 7-day and 30-day changes show respective dips of 1.84% and 5.61%, while improvements in 60-day and 90-day measures are up 41.24% and 31.84%.

xrp-daily-chart-89

XRP(XRP), daily chart, screenshot on CoinMarketCap at 01:04 UTC on August 23, 2025. Source: CoinMarketCap

The Coincu research team indicates potential outcomes of the filings include a regulatory streamlining and increased market penetration for XRP ETFs. Historical precedent suggests potential rises in token values and on-chain financial activity, signaling a broader industry shift toward regulated digital assets.

Source: https://coincu.com/news/revised-xrp-etf-filings-sec/