Coin Bureau has reported a major development in the race to launch the first U.S. spot XRP exchange-traded fund (ETF). According to its latest X post, six asset managers have filed amendments to their XRP ETF proposals, while Grayscale has submitted a fresh application for the Grayscale XRP Trust. With the U.S. Securities and Exchange Commission (SEC) set to deliver key rulings in October 2025, the filings mark a pivotal moment for XRP’s path toward mainstream adoption. Six Asset Managers Targeting Spot XRP ETFs The six firms amending their applications are Bitwise, Canary Capital, CoinShares, Franklin Templeton, 21Shares, and WisdomTree. Each is already active in the digital asset investment space, and their coordinated filings highlight growing institutional interest in bringing a regulated XRP ETF to U.S. markets. LATEST: Six asset managers just filed amendments for their XRP ETFs, while Grayscale submitted a fresh application. The SEC decides in October on XRP’s first ETF approval. pic.twitter.com/KQ0hVKO1p7 — Coin Bureau (@coinbureau) August 23, 2025 The timing is significant. These updates, filed in late August 2025, reflect strategic alignment with SEC expectations, showing that issuers are refining their proposals in anticipation of the SEC XRP decision in October. What Changed in the Filings? The amended S-1 registration statements include important structural changes that mirror the design of already approved Bitcoin and Ethereum ETFs. Updates include: Provisions for both in-kind and cash creations and redemptions. Reinforced custody arrangements for secure XRP storage. Enhanced market surveillance and governance mechanisms. By addressing these elements, asset managers are directly responding to SEC concerns that have historically delayed crypto ETF approvals. These refinements position the funds as more compliant with regulatory standards, increasing the likelihood of approval. Grayscale Enters with a Fresh XRP Trust Application Adding weight to the momentum, Grayscale Investments filed a new Form S-1 for its Grayscale XRP Trust . Grayscale, the largest digital asset manager in the world, has already led the charge in transforming its Bitcoin Trust into an ETF and is now seeking to replicate that success with XRP. This move underscores Grayscale’s confidence in the SEC’s eventual approval of an XRP spot ETF and signals that institutional demand for regulated XRP exposure is accelerating. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 October 2025: The Crucial Decision Window The SEC has extended review periods on these proposals, setting final deadlines between October 18 and October 23, 2025. These decision dates are critical for the crypto industry, as approval would mean the first-ever regulated XRP ETF in the U.S. Such approval would grant institutional and retail investors a secure, regulated pathway to invest in XRP without directly holding the token. Analysts suggest this could trigger substantial inflows into the asset, potentially reshaping XRP’s market trajectory. What This Means for XRP Investors The clustered filings and Grayscale’s entry reflect a turning point in XRP’s regulatory journey. Optimism is building in markets, with analysts noting that the SEC XRP ETF decision in October 2025 could unlock new levels of liquidity and mainstream adoption. Still, caution remains. While filings demonstrate significant progress, the SEC’s ultimate stance will hinge on the adequacy of custody safeguards, liquidity mechanisms, and market surveillance. Coin Bureau’s report highlights just how high the stakes are: six asset managers and one industry giant are betting that XRP’s time on Wall Street has come. The coming October decision will determine whether that bet pays off. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Six Asset Managers Just Filed Amendments for Their XRP ETFs appeared first on Times Tabloid .
