Overview

• The SEC is set to rule on multiple spot XRP ETF applications this month, with Grayscale’s deadline on Oct. 18 and additional filings from 21Shares, Bitwise, CoinShares, Canary and WisdomTree later in October.
• XRP holds around $3 with near-term resistance at $3.10–$3.30 and a potential head‑and‑shoulders breakout neckline near $3.70, as community chatter also tracks Ripple’s pending OCC banking license application.
• Derivatives data show positioning building, with CoinGlass reporting open interest up about 4% in 24 hours to $8.9 billion even as weekend spot volumes eased.
• Coverage cites high approval odds from analysts and prediction markets, and some estimates project $10–$20 billion in first‑year inflows if a spot ETF launches, though final SEC decisions are still pending.
• A parallel wave of promotional articles spotlights Layer Brett’s presale and 600%+ staking yields, with fundraise and APY figures largely sourced from the project and lacking broad independent verification.