How could XRP price react if spot XRP ETFs gain approval in the coming weeks, as industry experts insist the final countdown has begun?
Notably, a new report from Reuters confirmed that the U.S. Securities and Exchange Commission (SEC) has moved closer to finalizing its updated rules for exchange-traded funds (ETFs).
Industry Awaiting a Flood of ETF Launches
The report noted that analysts expect the first approvals under the new framework to land in early October, with XRP and Solana among the first in line. Specifically, Steven McClurg, Canary Capital founder, said firms have already submitted nearly a dozen applications, and the industry is gearing up for a flood of ETF launches.
For context, the SEC first outlined these new standards in July, and since then, asset managers have moved to adjust filings and answer regulators’ questions. People close to the matter said companies could file one last round of amendments this week.
Meanwhile, Bitwise president Teddy Fusaro explained that many of these filings have already moved deep into the review stage and that the updated rules matched the expectations firms had been preparing for.
XRP ETFs Could Gain Approval Shortly
Speaking on the recent reports, Nate Geraci, co-founder of The ETF Institute, confirmed that the final wave of amendments should arrive by the end of this week and that several spot crypto ETFs tied to XRP are already well along in the process. According to him, the countdown to launch is on.
Final wave of amendments could be filed by end of this week on various spot crypto ETFs incl xrp & sol…
“Those filings are pretty far along in the review process."
Countdown to launch is on.
via @Reuters pic.twitter.com/GBLExiqmCG
— Nate Geraci (@NateGeraci) September 24, 2025
In addition, Chad Steingraber, a game developer and XRP community figure, called this week the moment when final ETF submissions would hit regulators’ desks and predicted approvals would follow shortly after.
Notably, several XRP ETFs are awaiting approval. The SEC must decide on applications from Grayscale, 21Shares, Bitwise, CoinShares, WisdomTree, Canary Capital, and Franklin Templeton. The earliest decisions are due Oct. 18, with the latest deadline set for mid-November.
Even with the mounting optimism, XRP’s near-term price reaction remains uncertain. XRP trades for $2.87, and some market watchers believe anticipation of ETF approvals may already be baked into its current value.
Possible XRP Price After Approval
As a result, we asked the AI chatbot Google Gemini. Responding, Gemini suggested that approval could trigger a strong rally, similar to the price surges Bitcoin and Ethereum experienced when their ETFs gained approval.
It predicted that XRP could climb into the $5 to $7 range. Nonetheless, this remains hypothetical, and there is no guarantee that XRP could see such a price surge or if the ETF products will secure approval soon.
Notably, Gemini pointed to two major factors: inflows from institutional investors who want exposure to XRP without managing the crypto directly, and the credibility that an SEC-approved ETF would give XRP as a regulated financial product.
However, Gemini also cautioned that the market could follow a “buy the rumor, sell the news” pattern. Traders might push the price sharply higher on the approval but then take profits, leading to volatility. The chatbot added that XRP’s long-term trajectory would depend on whether new capital continues flowing into the asset.
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