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SEC Nears October Deadlines for Spot XRP ETFs as Markets Price High Approval Odds

With Ripple’s court case resolved, markets eye XRP near $3 into the mid‑October SEC window.

Overview

  • The SEC faces six spot XRP ETF applications in October, beginning with Grayscale’s Oct. 18 deadline and followed by 21Shares, Bitwise, CoinShares, Canary and WisdomTree later in the month.
  • Bloomberg-cited odds and prediction markets indicate strong chances of at least one approval, but any outcome remains unconfirmed until decisions are issued.
  • Analysts model substantial first‑year inflows if ETFs launch, with estimates ranging from roughly $4–$8 billion up to $10–$20 billion that could lift liquidity and trading depth.
  • XRP is trading around $2.85–$3, where support has held; technicians watch a break above $3.10 for targets near $3.30–$3.40 and potentially $4 if ETF demand emerges, while a loss of $2.85 risks a move toward $2.70.
  • Separate articles promote a Layer Brett presale that claims over $4.2 million raised, a $0.0058 token price and staking yields above 600% APY, with publisher disclosures noting the content is sponsored.