The U.S. Securities and Exchange Commission (SEC) will issue a series of rulings on XRP spot ETF applications in the fall of 2025, with multiple deadlines centered around mid-October and one prominent one on November 14.
These decisions could be turning points for XRP: a few approvals could trigger large Capital flows, while rejections or delays could dampen investor expectations.
- SEC expected to make multiple XRP ETF rulings between October 18–24, 2025, which could create big news waves.
- Franklin Templeton has a crucial November 14, 2025 deadline, attracting attention from traditional investors.
- Opinions are Chia : some predict large Capital flows, others doubt institutional appeal to XRP.
XRP ETF Ruling Mid-October 2025
The SEC will issue a series of rulings related to XRP spot ETF applications in mid-October 2025, focusing on many of the market's largest funds.
Key milestones include October 18–24, 2025, with applications from Grayscale, 21Shares, Bitwise, CoinShares, Canary Capital, and WisdomTree. Each ruling could be a market catalyst, with several approvals in quick succession likely to fuel a strong rally.
Franklin Templeton Deadline (11/14/2025)
Franklin Templeton's application is due November 14, 2025, and is being closely watched due to the firm's reputation in traditional finance.
If approved, the fund could attract attention from asset managers and institutional investors outside the crypto space, putting pressure on increased Capital flows into XRP and related products.
Opinions are divided on the need from the organization.
Experts and analysts are Chia into two camps: one predicts that the XRP ETF will attract large Capital , the other doubts significant interest from institutions.
Some proponents argue that XRP ’s cross-border payment advantages fit institutional needs as a legitimate investment product; skeptics argue that XRP lacks the “digital gold” narrative of Bitcoin or the dApps ecosystem of Ethereum, making it difficult to attract sustained Capital flows.
SEC and the broader crypto ETF wave
The decision on the XRP ETF comes as the SEC is XEM multiple other cryptocurrency ETF applications, including assets like Solana, Cardano , and many others.
Mass approval of crypto ETFs could change the structure of the crypto market, expanding investment options for institutional and retail investors, and facilitating the flow of traditional Capital into assets beyond Bitcoin and Ethereum.
Scenarios affecting price and liquidation
One or more approvals could trigger Capital inflows into the XRP ETF, increasing liquidation and positive price movements in the short term.
Conversely, a denial or delay in approval could dampen demand and create selling pressure. Investors should monitor the SEC ruling, market dynamics, and fund reactions to assess risks and opportunities.
Frequently Asked Questions
When Will the SEC Decide on XRP ETF Applications?
The main ruling is between October 18–24, 2025; Franklin Templeton has a November 14, 2025 deadline. These are legal deadlines for the SEC to make a decision.
How Does XRP ETF Approval Affect XRP Price?
Approval can attract new Capital , increase liquidation and push prices up in the short term; the long-term impact depends on the level of institutional participation and market conditions.
Will XRP ETFs Attract Big Capital Immediately?
Forecasts vary; some estimates call for large Capital in the first month, but actual levels depend on regulatory, liquidation and actual demand from institutional investors.
