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Jakarta, Pintu News – How will the XRP price move if the spot XRP ETF gets approval in the coming weeks, while industry experts assert that the final countdown has begun?
A recent report from Reuters confirms that the US Securities and Exchange Commission (SEC) is getting closer to finalizing the latest rules regarding exchange-traded funds (ETFs).

A report from Reuters noted that analysts expect the first approvals under the new regulatory framework to arrive in early October, with XRP (XRP) and Solana (SOL) being the leading candidates.
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Canary Capital founder Steven McClurg mentions that companies have submitted nearly a dozen applications, and the industry is now bracing for a surge in ETF launches.
For context, the SEC first outlined these new standards in July. Since then, asset managers have been quick to adjust their filings and respond to regulators’ questions. According to close sources, firms are likely to file one final round of amendments this week.
Meanwhile, Bitwise President Teddy Fusaro explained that many of these applications have now entered a deeper review stage, and the new rules are in line with the expectations that companies have long been preparing for.
In response to the latest report, Nate Geraci, co-founder of The ETF Institute, confirmed that the final wave of amendments is expected to come in by the end of this week.
He added that some XRP-based spot crypto ETFs are already in the final stages of the process, so the countdown to launch begins.
In addition, Chad Steingraber, a game developer and XRP community leader, mentioned this week as the moment when the ETF’s final filing will reach the regulators’ desks, with predictions of approval following shortly after.
Currently, there are a number of XRP ETFs waiting for the green light from the SEC. The agency has to decide on applications from Grayscale, 21Shares, Bitwise, CoinShares, WisdomTree, Canary Capital, and Franklin Templeton. The earliest decision is scheduled for October 18, while the final deadline is set until mid-November.
Despite growing optimism, XRP’s price reaction in the short term remains uncertain. The token is trading at around $2.87, and some market observers think that expectations of ETF approval may already be reflected in the current price.
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In response to this possibility, Google’s AI chatbot Gemini predicted that the XRP ETF approval could trigger a strong rally, similar to the Bitcoin and Ethereum price spikes when their ETFs were approved. In that scenario, XRP is projected to rise to the $5 to $7 range.
However, these predictions are still hypothetical, with no guarantee that XRP will achieve such a price spike, or even that this ETF product will definitely get approval in the near future.

Gemini highlights two main factors that can drive prices:
However, Gemini also warns about the possibility of a “buy the rumor, sell the news” pattern. This means that prices can spike sharply when an approval is announced, but then correct due to profit-taking, triggering volatility. In the long run, the direction of XRP will largely depend on whether or not new capital continues to flow into the asset.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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