XRP ETF Filings Updated, Launch Could Happen Soon

Highlights:

• XRP ETF companies update filings, showing the launch may happen soon.
• Updated tickers and lower fees make these funds attractive for crypto investors.
• U.S. government shutdown slows SEC approval, but issuers get ready for launch.

XRP exchange-traded fund (ETF) issuers have filed new amendments for their registration statements. Nate Geraci, President of NovaDius Wealth Management, said this step shows the launch could be near. According to Securities and Exchange Commission (SEC) data, firms like Bitwise, Canary, Franklin Templeton, Grayscale, 21Shares, and WisdomTree have all submitted updated S-1 filings for their XRP funds. 

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Updated Tickers and Fund Features Could Attract Crypto Investors

This move comes even as the U.S. government shutdown may delay the SEC’s approval. Grayscale’s latest S-1 amendment added the ticker “GXRP.” According to Nate Geraci, other updated filings also included ticker symbols for their XRP funds. Canary Capital’s ETFs keep staking rewards and reduce fees, which attracts investors seeking low-cost, yield-generating crypto exposure. If approved, these funds would further bring major digital assets into mainstream investment markets.

Another batch of S-1 amendments rolling in on spot xrp ETFs…

Bitwise, Franklin, 21Shares, WisdomTree, Grayscale, & Canary.

Several include ticker symbols.

Getting close. pic.twitter.com/TY24kTY6MI

— Nate Geraci (@NateGeraci) October 10, 2025

Earlier that the SEC had paused the review and approval of registration statements due to limited resources during the ongoing government shutdown. However, crypto ETF issuers, including those offering XRP ETFs, have used this time to update their filings, likely preparing for quicker approval once the SEC resumes operations.

SEC to Approve XRP ETFs Under Generic Rules

Nate Geraci said the launch of XRP exchange-traded funds is getting close after issuers filed their latest amendments. The final deadline for these funds was set for next week under the 19b-4 framework. However, the SEC has asked issuers to withdraw their 19b-4 filings, as it now plans to approve the funds under generic listing standards.

The ongoing U.S. government shutdown shows no signs of ending soon, which could further delay the approval of XRP exchange-traded funds. So far, funding bills presented in the Senate have failed to gain enough votes to pass.

According to Polymarket data, there is a 36% chance this shutdown could become the longest in U.S. history. It may surpass the 35-day shutdown that occurred from December 2018 to January 2019. Bloomberg analyst Eric Balchunas said that the shutdown has “frozen everything” when asked if an approval could still happen this October.

XRP Drops After Trump Announces 100% China Tariff

As of writing, XRP is trading at $2.47, down 13% in the past 24 hours. It is rebounding after a steep fall on October 10, when it dropped from $2.81 to a low of $1.89. The decline came amid a broader market crash following Donald Trump’s announcement of 100% tariffs on China. Data from CoinGlass shows around $20 billion liquidated in 24 hours, with XRP alone facing over $710 million in liquidations.

On Saturday, Crypto.com CEO Kris Marszalek asked regulators to check if trading was fair during the crash. He questioned whether platforms slowed down, mispriced assets, or ignored anti-manipulation rules. He wrote, “Any of them slowing down to a halt, effectively not allowing people to trade? Were all trades priced correctly and in line with indexes?”

Regulators should look into the exchanges that had most liquidations in the last 24h and conduct a thorough review of fairness of practices. Any of them slowing down to a halt, effectively not allowing people to trade? Were all trades priced correctly and in line with indexes?… pic.twitter.com/UCD6iKuKFQ

— Kris | Crypto.com (@kris) October 11, 2025

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