XRP Price Eyes New ATH As Grayscale’s XRP ETF Filing Enters US SEC Review

XRP worth is gaining momentum because the U.S. Securities and Trade Fee (SEC) has formally posted Grayscale’s XRP exchange-traded fund (ETF) submitting to the Federal Register.

This transfer marks the start of a 240-day overview interval, throughout which the company will resolve whether or not to approve or reject the appliance.

Grayscale’s XRP ETF Submitting Underneath SEC Assessment

The SEC’s review process for Grayscale’s proposed XRP ETF formally began after its posting on the Federal Register. The company now has till October 18, 2025, to decide. The method features a 21-day public remark interval, permitting stakeholders to submit suggestions.

Afterward, the SEC will analyze the proposal and assess market dangers, investor protections, and compliance with securities legal guidelines.

XRP’s authorized classification stays a key issue within the ETF’s approval amid speculations of a Ripple vs SEC lawsuit pause. The SEC has beforehand sued Ripple Labs over whether or not XRP must be labeled as a safety, and the case stays unresolved. The regulator has typically been extra cautious with altcoin ETFs in comparison with Bitcoin ETFs, citing considerations over market manipulation.

XRP Worth To Breach $3 Resistance

XRP’s worth has reacted positively to the ETF developments, with merchants anticipating a possible breakout. The token is presently testing key resistance ranges, with analysts awaiting a transfer past $3.00. Some consider that clearing this stage might sign a bigger rally.

Crypto merchants have shared insights on XRP’s worth motion. “XRP continues to carry inside a corrective channel, which is typical for a Wave 4,” CasiTrades posted on X projecting an all-time excessive looming. One other dealer, Darkish Defender, urged that the XRP worth might transfer towards $2.77 earlier than testing $3.

Market sentiment has additionally been influenced by hypothesis about main monetary establishments utilizing XRP for transactions. Studies counsel that Financial institution of America could also be leveraging XRP for inside funds, although no official affirmation has been supplied.

US SEC’s Stance on Crypto Regulation

The SEC has been reviewing a number of XRP ETF purposes alongside Grayscale’s submitting. On February 19, the company acknowledged purposes from asset managers CoinShares, Canary, and WisdomTree. These purposes had been submitted by exchanges like Nasdaq and Cboe BZX.

The SEC’s strategy to crypto regulation has come underneath scrutiny in latest months. Underneath the present administration, the company briefly paused its lawsuit against Binance, main some analysts to consider that regulatory strain on crypto corporations could ease. Consequently, buyers are hopeful that this shift might work in Ripple’s favor which can increase XRP worth to a brand new ATH.

President Donald Trump’s administration has been seen as extra crypto-friendly, and his latest social media exercise has fueled optimism. He shared an article discussing Ripple Labs’ expansion within the U.S., which famous that XRP noticed a worth surge following the 2024 presidential election.

XRP ETF Approval Odds

The possibilities of an XRP ETF approval have risen on Polymarket, the place betting odds presently stand at 81%. Concurrently, Brazil just lately turned the primary nation to approve an XRP spot ETF, including to the rising demand for institutional funding within the asset which can push the XRP worth to a brand new ATH.

Regardless of the optimism, some analysts urge warning. Azura CEO Jackson Denka famous that XRP has traditionally skilled speedy worth will increase adopted by steep declines.

“Till we see actual adoption and precise progress of their blockchain, it’s laborious to make the declare that this worth is sustainable,” Denka mentioned.