Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Grayscale Files S-1 for XRP ETF Product

Grayscale Files S-1 for XRP ETF Product

Coinlive2025/08/24 14:30
By:Coinlive
Key Points:
  • Main event involves Grayscale filing an S-1 for XRP ETF.
  • Grayscale’s action reflects growing institutional interest.
  • This move signals confidence amidst Ripple’s legal victory.
Grayscale’s S-1 Registration for XRP ETF Signals Market Confidence

Grayscale and other major asset managers have submitted S-1 filings to the U.S. SEC for XRP ETFs following Ripple’s legal victory, signaling potential market shifts.

This collective move reflects increased institutional interest in XRP, with potential ETF approval enhancing market confidence and impacting the broader cryptocurrency market, including Ethereum and Bitcoin.

Grayscale has filed an S-1 registration for an XRP ETF with the U.S. SEC. This action follows Ripple’s final legal win against the SEC, marking a significant step in capital markets.

Several notable companies including Bitwise and WisdomTree have joined Grayscale in this move. The S-1 filing allows these organizations to create and redeem shares in spot XRP ETF products . “Almost certainly due to feedback from the SEC. A good sign, but also mostly expected,” noted James Seyffart, ETF Analyst at Bloomberg.

This coordinated filing has seen a jump in XRP trading volume and price, rising over 10% to $3.10. Investors are eyeing the potential approval as a future market catalyst.

The implications extend to ETH and BTC , which are experiencing positive momentum amid XRP’s heightened investor interest. ETF analysts suggest a likely increase in institutional inflows once approval is obtained.

The recent legal clarity for Ripple has spurred enthusiasm and a bullish sentiment among the crypto community. The clustered filings indicate potential regulatory approval, signaling a strengthening market confidence.

Historical patterns show similar ETF filings have driven price surges in crypto assets before, suggesting possible market appreciation for XRP ahead. Industry experts note this reflects a mature, evolving landscape for cryptocurrencies. According to Nate Geraci, President of ETFStore, “Highly notable to see them cluster like this. Very good sign for XRP ETFs.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

WLFIUSDT now launched for pre-market futures trading

Bitget Announcement2025/08/23 13:50

New spot margin trading pair — SAPIEN/USDT!

Bitget Announcement2025/08/22 10:56

Bitget Will Delist MKR on 2025-08-22

Bitget Announcement2025/08/22 10:15