{"id":90669,"date":"2025-08-23T04:59:28","date_gmt":"2025-08-23T04:59:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=90669"},"modified":"2025-08-23T04:59:28","modified_gmt":"2025-08-23T04:59:28","slug":"are-ripple-xrp-etfs-inevitable-after-these-positive-updates","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=90669","title":{"rendered":"Are Ripple XRP ETFs Inevitable After These Positive Updates?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Following the recent delays by the US Securities and Exchange Commission, several filings for Ripple ETFs have been updated by the companies behind them.
\nThe asset\u2019s price has also staged a remarkable recovery following the recent local bottom, especially after yesterday\u2019s update on the legal case against the securities regulator.<\/p>\n

ETF Updates<\/h2>\n

Recall that just earlier this week, the SEC delayed<\/a> making a decision on several XRP ETF applications filed by companies such as Bitwise, Canary, Coinshares, and Grayscale. These entities were quick to respond, according to Bloomberg\u2019s ETF expert James Seyffart, as they have already updated their respective filings.<\/p>\n

He believes this is \u201calmost certainly\u201d due to the feedback received by the Commission. The cryptocurrency community is familiar with this process, as the BTC and ETH ETF issuers had to endure essentially the same procedures before their respective funds saw the light of day. Consequently, Seyffart categorized these updates as a \u201cgood sign, but also mostly expected.\u201d<\/p>\n

Bunch of XRP ETF filings being updated by issuers today. Almost certainly due to feedback from SEC. Good sign, but also mostly expected pic.twitter.com\/GiSL1kc6lt<\/a><\/p>\n

\u2014 James Seyffart (@JSeyff) August 22, 2025<\/a><\/p>\n\n

Fox Business\u2019 Eleanor Terrett shared<\/a> Seyffart\u2019s post, adding that these updates \u201cmake sense\u201d to be done now, as the new deadline for the SEC is set for October, and it is approaching fast.<\/p>\n

SEC Legal Case and XRP Moves<\/h2>\n

Ripple and the SEC had another interaction yesterday. As reported, the Second Circuit finally approved the two parties\u2019 joint stipulation of dismissal, which was filed earlier in August. According to experts, this is most likely the final step needed before the official conclusion of the case.\u00a0The duo had filed such dismissals in the past as well, but Judge Torres denied them at first.<\/p>\n

XRP\u2019s price reacted immediately to the news yesterday. The asset had tumbled to a multi-week low of under $2.80 but skyrocketed<\/a> to $3.10 within minutes. It\u2019s worth noting that it also benefited from the overall market revival following the Jackson Hole speech<\/a> by Fed Chair Jerome Powell.<\/p>\n

Despite retracing slightly since that local peak, XRP still trades above $3.00, which is a crucial support-turned-resistance-turned-support level.<\/p>\n

The post Are Ripple XRP ETFs Inevitable After These Positive Updates?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Following the recent delays by the US Securities and Exchange Commission, several filings for Ripple ETFs have been updated by the companies behind them. The asset\u2019s price has also staged a remarkable recovery following the recent local bottom, especially after yesterday\u2019s update on the legal case against the securities regulator. ETF Updates Recall that […]<\/p>\n","protected":false},"author":0,"featured_media":90670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90669"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90669"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/90670"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}