As reported by Nate Geraci, a fix to the Spot Crypto ETF arrived at the SEC this week. These are sophisticated versions of the regulators requested after the July regulations change. Once in, the SEC will move to the domination stage.
The calendar is a bit confusing. On October 18th, the decision to make the Grayscale XRP ETF will be announced, with 21 shares on the 19th, and Bitwise, Coinshare and the Canary capital will be followed on the 20th, and witherite trees on the 23rd and 24th.
With five rulings over seven days, XRP decides whether to obtain the same regulatory entry points that Bitcoin and Ethereum already have.
The final wave of revisions can be submitted by this weekend to cryptographic ETFs in various locations, including XRP & SOL…
“These filings are lined up quite a bit in the review process.”
The countdown to start is turned on.
@reuters pic.twitter.com/via gblexiqmcg
– Nate Gerici (@nategerach) Sptteer 24, 2025
Investors don’t need to imagine the structure. The Rex-Sosprey XRP ETF is already trading at $23.59 on the CBOE, falling below the $24 handle after a short strength in the market. Holdings data shows $15.4 million (49.6% of assets) directly in XRP, $12.9 million in physical XRP (41.8%) in Coinshares and $3 million in supplemental exposure (9.7%).
The $544,000 negative cash line shows how the product works, but the overall allocation is simple. The entire fund is fixed to XRP.
What does that mean for XRP?
If XRP gets green light, we see a shift from a retail trend to an institutional money that has been waiting for compliant rappers.
If they are rejected, there will be a long-standing deadlock with US regulators. In any case, the timeline has become clearer. The countdown concludes in October, with the results setting the direction of XRP investments for years to come.