Hold onto your hats, crypto fans! XRP ETF filings have exploded into action, and now everyone’s talking about it. Is the SEC finally going to approve it, or is this just another tease?
Spot XRP ETF Drama Unfolds as Issuers Get All Coordinated on Filings
On August 22, 2025, a wave of XRP ETF filings hit the SEC like a tidal wave. We’re talking Canary, Coinshares, Franklin, 21Shares, Wisdomtree, and Bitwise all flooding in their papers in sync. Talk about coordinated effort, right? Analysts are starting to buzz with optimism that approval is just around the corner.
Grayscale joined the party too, submitting their S-1 filing to convert the existing XRP Trust into a spot ETF. A thrilling plot twist that has everyone on the edge of their seats.
Bunch of XRP ETF filings being updated today. Definitely looks like SEC feedback at work. It’s a good sign, though. Expected, but still exciting.
Nate Geraci, president of Novadius Wealth Management, was practically jumping with joy: “S-1 amendments rolling in on spot XRP ETFs… Canary, Coinshares, Franklin, 21Shares, Wisdomtree, & Bitwise are all here. Clustered together like a perfect little crypto storm. BIG sign, IMO.”
It’s clear the SEC is having ongoing chats with these applicants, making sure they get their proposals right. These filings, folks, might just be the tipping point. Fingers crossed! 🤞
As for Ripple’s CEO, Brad Garlinghouse, he’s been shouting from the rooftops that an XRP ETF is inevitable. And guess what? The analysts at Bloomberg are now with him, upping the probability of approval to a jaw-dropping 95%! 📈
So, is this the moment we’ve all been waiting for? Looks like institutional access to XRP is closer than ever… but let’s not get ahead of ourselves. Keep those fingers crossed! 🤞😏
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2025-08-24 23:29