XRP ETF Approval Delayed as 3 Major Filings Await SEC Resumption
The long awaited launch of XRP exchange traded funds has hit another snag : the US government shutdown has put the Securities...
Quick overview
- The launch of XRP exchange traded funds is delayed due to the US government shutdown affecting the SEC's review process.
- Legal expert Greg Xethalis clarified that October deadlines for ETF filings are procedural and not indicative of actual launch dates.
- Despite the delays, optimism remains high among investors, with significant inflows into XRP and new ETF filings being submitted.
- Analysts believe that once the SEC resumes operations, XRP ETFs could be prioritized for approval, potentially attracting institutional investment.
The long awaited launch of XRP exchange traded funds has hit another snag : the US government shutdown has put the Securities and Exchange Commissions review process on the backburner . According to legal expert Greg Xethalis, the October deadlines are just procedural markers not the actual launch dates.
In a recent post on X, Xethalis made it clear that just because several 19b-4 filings for XRP, Solana, and Litecoin ETFs have been submitted under Generic Listing Standards it doesn’t mean they are automatically approved or are going to launch. Each ETF still needs to file under the Securities Act of 1933 (via S-1 filings) and the Securities Exchange Act of 1934 (via Form 8-A) – both of which the SEC needs to actively review.
However because the SEC is shut down right now – just like the rest of the government – nothing can move forward on these critical filings. “We are basically just waiting for the government to get back off the couch” , Xethalis noted.
Procedural Dates – Not Launch Deadlines
Loads of investors got it wrong with the October ETF deadlines thinking they were actually the launch dates. Xethalis stressed that these are just procedural milestones that exchanges like NYSE Arca, CBOE BZX, and Nasdaq are going to delay until the SEC comes back online.
🚨JUST IN: Bitwise has filed Amendment No. 3 to Form S-1 for its $XRP #ETF, marking another major step toward regulated $XRP investment access in the U.S. 🇺🇸
Institutional confidence in $XRP continues to grow. pic.twitter.com/mHBqmFMBK2
— JOHN JOHN (@the_real17lette) October 13, 2025
When the government finally reopens the SEC is going to have a huge pile of stuff to catch up on , including XRP ETFs from major players like Bitwise, CoinShares, Canary Capital, and WisdomTree – all scheduled for review by October 24.
Key takeaways:
- 19b-4 filings are a formality – S-1 and 8-A approvals still pending.
- The SEC stopped reviewing things because the government is shut down.
- XRP, Solana and Litecoin ETFs are all still waiting to get approval.
The SEC also just withdrew a bunch of delay notices that were impacting a bunch of other crypto ETFs tied to Cardano (ADA), Solana (SOL), and XRP suggesting that they will start reviewing things again once the government gets back to work.
Market Optimism Still Going Strong
Even with all the bureaucratic hold ups optimism remains high. Nate Geraci, head of ETF Store, said XRP ETF launches are “just around the corner” because multiple S-1 filings have been tweaked – a key step towards getting approved.
Adding to the momentum GraniteShares just filed for a 3x leveraged XRP ETF on October 7 designed to let investors really take a swing at XRP. This got everyone speculating that as soon as some of these leveraged products launch institutional money is going to start pouring in.
Investors are still hanging tight – CoinShares reported $61.6 million worth of XRP inflows for the week ending October 13 which is 18 weeks in a row that investors have been piling money into XRP.
Analysts think that when the SEC finally gets back to work XRP ETFs could be the first ones to get approved – which could be the spark that sets off a whole new wave of institutional money pouring into digital assets.
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