NewsBTC
16 October 2025
54 0

XRP ETF Approvals Delayed Amid US Shutdown, Institutional Investment Surges

XRP Developments:

  • $XRP reached a low of $1.8 after an October 10 flash crash but has since recovered to $2.45.
  • Institutional investments might drive further recovery, with $XRP ETFs poised for SEC approval this month.
  • The US shutdown has delayed ETF approvals, potentially clustering decisions together.
  • SBI Holdings reportedly holds over $10B in $XRP, exceeding its market cap of $14.7B.

The REX-Osprey XRP ETF launched successfully, trading $37.7M on its first day. Other ETFs from Grayscale, VanEck, 21Shares, and WisdomTree are awaiting SEC decisions.

Institutional investment and multiple ETF releases could push $XRP above the $3 mark, potentially benefiting smaller crypto projects.

Ripple ($XRP) – Speedy Cross-Border Transfers

$XRP facilitates fast, cost-effective international money transfers as a SWIFT alternative. A sidechain upgrade now allows Ethereum-compatible smart contracts.

Ripple's On-Demand Liquidity service uses $XRP for liquidity, eliminating currency pair needs. Clients include Travelex Bank, SBI Holdings, and Santander.

$XRP's price fluctuated, recently stabilizing between $2.3 and $2.6, marking a 350% increase over the past year.

A graph showing Ripple’s current value at $2.45