SEC Sets October Window to Review Six XRP Spot ETF Filings
Streamlined SEC rules signal a market preparing for institutional access decisions on XRP.
Overview
- The SEC’s calendar lists reviews for Grayscale (Oct. 18), 21Shares (Oct. 19), Bitwise (Oct. 22), Canary Capital and CoinShares (Oct. 23), and WisdomTree (Oct. 24).
- These reviews follow the SEC’s Sept. 17 approval of generic listing standards for crypto spot ETPs intended to speed exchange listings.
- CME Group plans to launch options on XRP and Micro XRP futures on Oct. 13 and reports XRP futures open interest recently surpassed $1 billion, the fastest growth among crypto derivatives this year.
- The newly launched REX‑Osprey XRPR ETF expanded quickly with the addition of options, highlighting demand for XRP‑linked vehicles.
- Ripple is awaiting an OCC decision on its application for a national bank charter, with an outcome expected in October.