XRP, presently displaying a bearish outlook within the cryptocurrency market, has skilled one other important slide because the Senate vote extends the US authorities shutdown and delays spot ETF choices by the SEC.
The extension of the federal government shutdown slows the SEC opinions of XRP spot ETFs, elevating issues and uncertainties over institutional inflows and investor confidence. The latest occasions and uncertainties round XRP have precipitated it important market decay, and it reportedly crashed 15% in simply 24 hours earlier than it sank to $2.28 yesterday (October 16). XRP worth at present is $2.35, 3.01% decrease than yesterday’s worth, and the token is coming into right into a defining second because it nears a decent crossroad between the decrease help ranges of $2.10 and $2.20.
XRP merchants and crypto fans see the upcoming ETF approvals, Senate votes on authorities shutdowns, and US-China commerce conflict talks as key catalysts figuring out XRP’s future. The federal government shutdown compelled the U.S. Securities and Change Fee to function with restricted workers, inflicting a sudden cease in evaluate and approval processes, together with the amended S-1s for XRP-spot ETFs.
The crypto group and XRP holders believed that SRC would approve the seven XRP-spot ETFs by October 18, however sudden diplomatic issues led to authorities shutdowns and paved the way in which for an unprecedented 17% XRP dip this month. The crypto specialists commented that even when the US Senate handed a stopgap funding invoice on Friday, October 17, the possibilities of the company approving the spot ETFs had been slim to none.
What’s Occurring with XRP As we speak?
XRP goes by a tough patch, and it has practically fallen 17% this month. Within the final 24 hours, XRP’s worth moved -14.41% and the present XRP-USD conversion is $2.35 per XRP. XRP tried to carry on to a $2.30 to $2.60 interval this week, however couldn’t proceed the momentum because it fell to $2.28 at present. The specialists commented that XRP’s technical evaluation signifies that the worth is consolidating between $2.10 and $2.35, signaling a risky interval. In addition they came upon that the worth is under its 20, 50, and 100-day exponential shifting averages, indicating a bearish pattern within the brief time period.
On October 16, 2025, Ripple formally introduced its $1 billion acquisition of GTreasury, which marked its entry into $120 trillion company treasury funds market. The deal between the 2 events is paid totally in XRP, and it goals to modernize company treasury operations by integrating GTreasury instruments and companies like advanced money forecasting, danger administration, and compliance instruments.
Ripple’s CEO, Brad Garlinghouse, posted on X that Ripple was breaking into the $120T company treasury funds market with the $1B acquisition of GTreasury. He talked about that astounding quantities of money had been trapped in outdated fee programs, creating friction, pointless prices, and obstacles to coming into new markets.
As we speak, Ripple is breaking into the $120T company treasury funds market with the $1B acquisition of GTreasury.
The previous few years have reminded this business why funds, at the start, is THE major use case for crypto and blockchain. Funds are the place Ripple first…
— Brad Garlinghouse (@bgarlinghouse) October 16, 2025
He famous that GTreasury had been serving a number of the most well-known manufacturers for many years, and now, along with Ripple, they might be capable of assist CFOs handle all their belongings, together with stablecoins, tokenized deposits, and many others., at scale around the globe, in addition to put their idle capital to work with repo markets by way of Hidden Highway.
It’s Ripple’s third main acquisition in 2025, and the earlier was the acquisition of prime dealer Hidden Highway and stablecoin platform Rail. Ripple’s newest integration will assist company treasurers handle belongings, together with stablecoins and tokenized deposits.
XRP Spot ETF Information and Updates: Is the ETF Delay Inflicting the Present XRP Worth Drop?
XRP presently shows a powerful bearish outlook and has been experiencing important promoting strain not too long ago. The 2 main causes that ignited and fueled the bearish momentum are XRP spot ETF delays and the ongoing US authorities shutdown. The prolonged US shutdown, ETF delays, and energetic U.S.-China commerce tensions have all performed a significant function in XRP’s present downtrend.
The newest XRP ETF information is that there will probably be a big delay in XRP spot ETF approvals, and the delay is as a result of SEC’s restricted availability of assets attributable to the continuing U.S. authorities shutdowns. The specialists recommend that the SEC’s incapability to course of the ETF filings has fueled XRP’s bearish wave and sharp correction over the previous week.
The prolonged authorities shutdowns have stopped all crypto ETF filings and approvals, together with the XRP, SOL, LTC, and ADA merchandise. The institutional traders had been anticipating a number of ETF approvals this month, however the sudden authorities shutdown points made the crypto market worse and led to large de-risking and sell-offs.
Disclaimer: Cryptocurrency markets, together with XRP, are extremely risky and topic to regulatory, technological, and market dangers. The knowledge supplied on this article isn’t monetary recommendation however for academic functions solely.
