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Pundit Flags October SEC Deadlines for Possible XRP ETFs as PayDax Presale Promotion Widens

Attention centers on an October review window at the SEC that a market commentator says could set the tone for XRP.

Overview

  • Citing an October calendar, CryptoSensei highlighted SEC decision dates spanning Oct. 18–25 for ETF applicants including Grayscale, 21Shares, Bitwise, Canary Capital, WisdomTree, Franklin Templeton and CoinShares.
  • Coindoo reported that a spot XRP fund labeled XRPR from Rex-Osprey had launched weeks after Ripple’s August SEC settlement, a claim that appears in limited reporting and remains disputed.
  • Analysts quoted in coverage suggest potential ETF approvals could draw inflows comparable to Bitcoin and Ethereum funds and lift XRP, while separate reporting notes $556 million in recent ETH ETF inflows as a precedent.
  • Promotional articles push PayDax Protocol’s phase‑1 presale at $0.015 with an advertised PD80BONUS code offering an 80% token bonus, alongside marketed lending, a Redemption Pool and yields advertised up to 41% APY.
  • PayDax’s stated audits and partnerships—naming firms such as QuillAudits, Hacken, Rapid Innovation, Assure DeFi, Chainlink, MoonPay, Jumio and Prosegur, plus custody mentions involving Sotheby’s and Brink or Brinks, and a separate reference to Christie’s—are reported claims without broad independent corroboration.