XRP News: Grayscales XRP ETF Faces SEC Countdown Decision by Oct 18!

Grayscale, a crypto asset manager, has applied to the SEC for an XRP exchange-traded fund (ETF). The SEC has officially started its 240-day review process, with a decision deadline of October 18, 2025. This review includes a 21-day period for public comment. The SEC can approve, reject, or extend the review period. The ongoing legal battle between the SEC and Ripple regarding XRP's classification as a security may affect the ETF's approval. Currently, XRP is trading around $2.66, down 1% in the last 24 hours, with a market capitalization of $154 billion.