XRP ETF Approval Hopes Rise as Multiple SEC Filings Hit

Momentum for a spot XRP exchange-traded fund (ETF) intensified on August 22, 2025, as several issuers submitted amended S-1 filings with the U.S. Securities and Exchange Commission (SEC). The coordinated wave of filings is widely seen as a response to ongoing SEC feedback and has fueled optimism that regulatory approval may be approaching.

Issuers including Canary, CoinShares, Franklin, 21Shares, WisdomTree, and Bitwise submitted their filings on the same day. In parallel, Grayscale filed a registration statement to convert its existing XRP Trust into a spot ETF, following a previous Form 19b-4 submission earlier this year. Market observers noted that the clustering of filings signals increased engagement between issuers and the SEC.

Analysts on social media highlighted the significance of the filings. Bloomberg ETF analyst James Seyffart commented that the updates likely reflect SEC feedback and represent a positive development for the XRP ETF narrative. Nate Geraci, president of Novadius Wealth Management, pointed out that seeing multiple issuers file on the same day is notable and could indicate progress toward approval.

Investors are watching closely, as regulatory clarity could unlock significant market interest in XRP ETFs.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities or digital assets. Readers should conduct their own research and consult with a licensed financial advisor before making investment decisions.