XRP ETF News: XRP Traders Eye SEC Decision as Grayscale, Bitwise, and Canary Capital Amend Spot ETF Filings
The post XRP ETF News: XRP Traders Eye SEC Decision as Grayscale, Bitwise, and Canary Capital Amend Spot ETF Filings appeared on BitcoinEthereumNews.com.
XRP ETF News: XRP Traders Eye SEC Decision as Grayscale, Bitwise, and Canary Capital Amend Spot ETF Filings XRP investors are closely watching Washington as multiple asset managers, including Grayscale, Bitwise, and Canary Capital, have filed amendments to their spot XRP ETF applications. The updated submissions come amid growing optimism that U.S. regulators may finally be preparing to open the door for an exchange-traded fund tied directly to Ripple’s native token. The filings arrive during a pivotal moment for the cryptocurrency sector, with the SEC’s delay of XRP ETF rulings raising both questions and hope about the regulatory timeline. Market participants now see the coming months as a potential turning point for XRP adoption in traditional finance. Asset Managers Revise Proposals in Push for SEC Approval On Friday, Grayscale, Bitwise, Canary Capital, CoinShares, Franklin Templeton, WisdomTree, and 21Shares each submitted amended S-1 registration statements for their proposed spot XRP ETFs. Analysts believe the wave of filings reflects direct feedback from the U.S. Securities and Exchange Commission. Grayscale has submitted an S-1 filing for a spot XRP ETF, signaling its intent to launch a regulated investment product. Source: @AbsGMCrypto via X Bloomberg ETF analyst James Seyffart noted on X that the updates were “almost certainly due to feedback from SEC,” calling it a positive but expected step. Nate Geraci, President of ETF Store, echoed this view, describing the cluster of filings as a “very good sign” for the approval process. Multiple issuers updated their XRP ETF filings today, likely in response to SEC feedback—an encouraging yet largely anticipated development. Source: James Seyffart via X The amendments included adjustments to fund structures, such as allowing both cash and in-kind creations and redemptions. This flexibility brings the filings more in line with frameworks already used for existing Bitcoin and Ethereum ETFs. Canary Capital…
Filed under: News - @ August 23, 2025 12:27 pm