XRP ETF Filings Updated to Allow Potential Launch Amid Shutdown, Market Stays Cautious

• Updated filings bypass SEC approval delays caused by the shutdown.

• These changes position XRP ETFs for a timely market entry amid broader crypto volatility.

• XRP price has corrected 12% in November 2025, trading around $2.2 with cautious trader sentiment.

Discover how updated XRP ETF filings from major issuers could launch amid shutdown chaos. Explore market impacts and positioning for Ripple’s XRP in this in-depth analysis. Stay informed on crypto ETF developments today.

What Are the Latest Updates on XRP ETF Filings?

XRP ETF filings have seen significant updates from key issuers including Franklin Templeton, Canary Capital, and Bitwise, aimed at facilitating product launches without immediate SEC intervention. These revisions address potential hurdles from the ongoing government shutdown, enabling trading to commence potentially this month. This development marks a crucial step for XRP, following years of regulatory scrutiny faced by Ripple Labs.

How Do These XRP ETF Updates Impact the Market?

The updated filings for XRP ETFs incorporate mechanisms similar to those used in recent Solana ETF launches, allowing products to go live independently of full SEC approval. According to Bloomberg ETF analyst James Seyffart, these changes would permit the ETFs to begin trading despite the shutdown, potentially joining spot products for assets like Solana (SOL), Litecoin (LTC), and Hedera Hashgraph (HBAR). This approach sets a precedent in the crypto space, streamlining access for institutional and retail investors while navigating U.S. regulatory uncertainties. Data from recent altcoin ETF approvals shows inflows exceeding $500 million in the first weeks, suggesting strong demand that could similarly benefit XRP. Expert insights from ETF Prime co-founder Nate Geraci highlight this as a pivotal moment, stating, “Launch of spot XRP ETFs represents the final nail in the coffin of previous anti-crypto regulators. We have come a long way.” Such updates not only mitigate shutdown-related delays but also underscore the maturing infrastructure for crypto investment vehicles in the U.S.

Amid the market chaos, there is good news, at least for the Ripple [XRP] community.

According to Bloomberg ETF analyst James Seyffart, Franklin Templeton, alongside Canary Capital and Bitwise, has filed updated spot XRP ETFs that would allow the products to begin trading despite the ongoing government shutdown.

Source: X

Seyffart added that the changes would enable the products to begin trading this month. If so, they’ll join other altcoin ETFs, such as Solana [SOL], Litecoin [LTC], and Hedera Hashgraph [HBAR].

For perspective, the recently approved Spot SOL ETFs also went live after making updated filings that allowed them to launch without the SEC’s greenlight.

Assessing XRP Market Positioning

That said, a U.S. spot XRP ETF launch would mark a new precedent, especially after Ripple Labs endured an SEC lawsuit for five years. Nate Geraci, co-founder of ETF Prime, echoed a similar sentiment and added,

“Launch of spot XRP ETFs represents final nail in the coffin of previous anti-crypto regulators. Have come a long way.”

On the market front, however, the XRP price was largely influenced by the broader market sentiment rather than the update.

It extended its correction to $2.0 before clawing back to $2.2. Overall, it was down about 12% in November ahead of a likely death cross that could drag it lower if sentiment does not improve.

Source: XRP/USDT, TradingView

However, the selling pressure from whales had tapered off completely, as illustrated by the Whale Flow 30DMA.

Over the past two months, major players have offloaded more than 45 million XRP, coinciding with a decline in price from $3.5 to $2.

If the whales begin accumulating, it could potentially boost XRP bulls, similar to the trend observed during the Q2 2025 recovery.

Source: CryptoQuant

Nonetheless, Options traders were actively buying short-dated puts (hedging), underscoring caution and uncertainty in the near-term.

This was illustrated by the negative 25-Risk Reversal (25RR), which tracks market sentiment and positioning.

Source: Amberdata

The current weak market sentiment has overshadowed the upcoming ETF launch. Despite even XRP whales slowing down on the offloading, positioning remained cautious in the near term.

Historical data from CryptoQuant indicates that whale accumulation phases often precede price recoveries, with XRP gaining over 50% in the three months following similar patterns in 2024. TradingView charts reveal a potential death cross on the daily timeframe, where the 50-day moving average crosses below the 200-day, signaling bearish momentum if not reversed by positive catalysts like ETF inflows. Amberdata’s options metrics show a put-call ratio elevated at 1.2, reflecting hedging strategies among institutional players amid the November 2025 pullback. Despite these headwinds, the ETF updates provide a foundational boost, potentially attracting $200-300 million in initial assets under management, based on precedents from SOL and LTC ETFs. Ripple’s ongoing cross-border payment utility continues to underpin XRP’s long-term value, with over 5 billion transactions processed on the XRP Ledger since inception, according to Ripple’s public reports.

Frequently Asked Questions

Why are issuers updating their XRP ETF filings now?

Issuers like Franklin Templeton are updating XRP ETF filings to incorporate provisions that allow trading to start without full SEC approval, circumventing delays from the government shutdown. This mirrors strategies used for recent altcoin ETFs and aims to capitalize on current market interest in XRP.

Will the XRP ETF launch affect its price in the short term?

The XRP ETF launch could provide upward pressure on price by increasing accessibility and inflows, but short-term movements depend on broader market sentiment. Currently, with XRP at $2.2 after a 12% November drop, positive ETF news might counter the death cross risk and encourage whale accumulation.

Key Takeaways

• ETF Launch Enablement: Updated filings from Franklin Templeton and others allow XRP ETFs to trade despite the shutdown, potentially this month.
• Market Caution: Traders remain hedging with puts amid a 12% price correction, as shown by negative risk reversals and tapered whale selling.
• Precedent Setting: This follows SOL ETF successes and signals regulatory progress for crypto after Ripple’s SEC battle; monitor for accumulation signals to gauge recovery.

Conclusion

In summary, the updated XRP ETF filings represent a resilient step forward for Ripple amid regulatory challenges and market volatility, potentially unlocking new investment avenues similar to those for SOL and LTC. As whale selling eases and ETF launches near, XRP’s positioning could shift from caution to optimism, fostering broader adoption in cross-border finance. Investors should watch for SEC updates and price action around $2.0 support levels to stay ahead in this evolving landscape.