With the federal government shutdown inflicting the SEC to stall its operations, the much-awaited approval of the XRP exchange-traded funds seems to be on a delayed schedule. With the deadline for approval beforehand scheduled for October, there have been a number of that have been initially scheduled for this time.

With the SEC operating on restricted staffing, they’ve paused all upcoming processes till the disaster passes.

Why SEC Delays Are Affecting XRP ETF Approvals?

With an accrued backlog and authorized verifications which might be in want of affirmation, the SEC may have one other 4 weeks to course of the onboarding, in keeping with business consultants.

This has largely shifted the approval date for XRP ETFs, as clearing the pending paperwork might take up extra time than the preliminary expectation. Nevertheless, the SEC has up to date their framework by eradicating the 19b-4 requirement.

This might imply that the SEC can concentrate on the S1 submitting course of, which might shorten the general time required for the ETF approval course of. The brand new generic itemizing commonplace presents a extra streamlined course of for approving ETF functions. It is a promising state of affairs provided that no additional hiccups come alongside the best way.

5 XRP ETFs Already Dwell and Buying and selling

A complete of 5 XRP ETFs are reside. They’re offering futures or leveraged buying and selling publicity in the mean time.

Teucrium 2x Lengthy Day by day XRP ETF

Even below the pressures of the large authorities shutdown, this ETF went reside in October. They’ve probably leveraged the 1940 Act to hurry up their software. It’s presently accessible below the ticker XXRP.

Volatility Shares XRP ETF

On Might 22, 2025, this ETF went reside below the ticker XRPI on Nasdaq. XRPI is the primary non-leveraged futures ETF within the US.

Volatility Shares 2X XRP ETF

Beneath the ticker XRPT, this ETF went reside on Nasdaq in July of 2025. XRPT presents a leveraged place with a 2x multiplier. The asset tracks every day XRP costs by XRP futures.

ProShares Extremely XRP ETF

This ETF presents two occasions the every day efficiency of XRP. The ticker for this ETF is UXRP. It was launched in mid-July of 2025. The XRP efficiency is tracked by futures and swaps.

REX-OSPREY

On September 18, 2025, REX-OSPREY went reside below the ticker XRPR. This ETF goals to supply direct publicity to the XRP value with out holding the cryptocurrency. XRPR additionally gained entry through the 1940 Act for the ETF framework.

Spot XRP ETFs Pending SEC Approval

As of now, six spot XRP ETFs are ready for approval from the SEC to be listed. Beneath are the main points of those six spot XRP ETFs.

Grayscale

The appliance for changing the XRP belief to an ETF was filed on November 21, 2024, utilizing the Kind 19b-1. The ultimate deadline for onboarding was set to be on October 18th, 2025.

WisdomTree

Knowledge Tree plans on launching an ETF that instantly tracks the worth of XRP. The appliance was submitted on December 2, 2024, through Kind S-1. Last deadline is October 24, 2025.

CoinShares

Utility submitted on twenty fourth January, 2024, utilizing Kind S-1. Awaiting approval since then, and the deadline is on October twenty fifth, 2025.

21Shares Core Belief

They filed an software utilizing the Kind 19b-1 on November twenty first of 2024. They’ve requested to listing their Core XRP Belief shares on the Cboe BZX trade. Last deadline was on nineteenth October, 2025.

Canary Capital

Utility submitted on October eighth, 2024, utilizing Kind S-1. They plan on launching a spot XRP ETF.

Bitwise

Utilized on 2nd December 2024 through Kind S-1. The kind is a spot XRP ETF that may instantly maintain XRP. The deadline was set for October 20, 2025.

Possibilities of XRP ETF Launches in 2025

If the SEC’s up to date framework, with a core concentrate on S-1 functions, strikes ahead, the whole course of could be sped up, in keeping with business consultants.

In such a state of affairs, the likelihood of XRP ETF launches will increase from 86% to 99%. For the reason that determination relating to Kind 19b-1 just isn’t ultimate but, companies that had utilized by the shape are in a state of dilemma in the mean time.

Nevertheless, from what appears to be taking place, the SEC has sped up the method, and there is likely to be tailor-made options in case the up to date framework creates issues selectively for companies.

Conclusion

Trade consultants had hoped that the month of October would play a pivotal function for crypto. The continued authorities shutdown and the ensuing scarcity of manpower on the SEC, the sentiment has largely modified. 

Nevertheless, whereas the delay was inevitable, hopes are nonetheless excessive as many of the market veterans take into account this delay as a short lived hiccup fairly than an entire cancellation of the XRP ETF market entry.

Additionally Learn: XRP Value Prediction 2025-2030: Brief-Time period and Lengthy-Time period Predictions

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