October 18: A Pivotal Date for XRP Investors
Grayscale’s XRP ETF proposal has officially entered the Federal Register. This crucial step means the U.S. Securities and Exchange Commission (SEC) must decide on the application by October 18, 2025. XRP holders should brace for an earlier announcement, as the SEC could reveal its decision before the deadline.
Rising Odds of Approval
The odds of approval for an XRP ETF in 2025 have soared to 81%. Recent developments, including the SEC acknowledging multiple XRP ETF proposals, have boosted investor optimism. A green light from the SEC could significantly enhance XRP’s market legitimacy and liquidity.
Ripple Effect on the Crypto Market
Grayscale isn’t alone. Other major firms like VanEck, Canary Capital, and Bitwise have filed for Solana ETFs. The SEC must also decide on these filings by October 16, 2025. A wave of approvals could spark a broader rally in the cryptocurrency market, with XRP likely to benefit from the momentum.
Why This Matters for XRP Holders
An approved XRP ETF would make it easier for institutional and retail investors to gain exposure to XRP without directly purchasing the cryptocurrency. This could lead to increased demand and potentially drive up the token’s price.
With the odds in favor and a definitive date set, XRP holders should stay vigilant. October could be a game-changing month for XRP and the broader crypto space.
