Grayscale, a leading crypto asset manager, just filed a new Form S-1 with the U.S. Securities and Exchange Commission (SEC) on August 22, 2025, for its Grayscale XRP Trust. The filing was shared online by Abs Nassif, host of the Good Morning Crypto podcast, and confirms progress in Grayscale’s ongoing effort to secure approval for a spot XRP ETF. Grayscale was already among the firms with XRP applications under SEC review earlier this year. This latest filing formalizes registration of trust shares that would be offered to the public if regulators approve the product. BREAKING: Grayscale Files S-1 for Spot $XRP ETF! pic.twitter.com/YDr4UOaqNz — Good Morning Crypto (@AbsGMCrypto) August 22, 2025 The Regulatory Landscape In Recent Months July brought several important regulatory developments that shaped the environment for crypto ETFs. The SEC issued updated disclosure requirements for digital asset funds, clarifying standards around custody, valuation, and risk management. Shortly after, the Commission approved in-kind creations and redemptions for crypto exchange-traded products. This change enables funds to exchange underlying assets directly with authorized participants, improving efficiency and helping ETFs more closely track their spot markets. In parallel, the SEC granted and then stayed accelerated approval for a Bitwise multi-asset conversion. This brings more uncertainty and breaks its cautious approach to broader crypto exposure. The Future of Spot XRP ETFs The SEC recently extended review periods for multiple crypto ETF filings, pushing decisions into October . This included XRP products such as the 21Shares Core XRP Trust, which has to wait till the October 19 deadline. Other pending XRP proposals share similar dates, meaning the Commission could address several digital asset filings within the same month. These delays do not signal outcomes but give regulators more time to review disclosures, surveillance arrangements, and the operational details required under the new framework. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Implications of Approval If the SEC approves Grayscale’s XRP Trust or another spot XRP ETF, it would expand access to XRP across regulated markets. Approval would enable investors to gain exposure through brokerage platforms and retirement accounts, thereby opening the asset to institutional investors . The ETF format provides standardized structures, audited reporting, and clear custody arrangements. The adoption of in-kind creation and redemption further supports liquidity and enhances the correlation between fund shares and the spot market. Together, these features could encourage broader participation while integrating XRP more firmly into traditional investment channels. Grayscale’s filing has furthered the race for a U.S.-based spot XRP ETF, and with October quickly approaching, we might see these products launch soon. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Grayscale Takes Another Major Action for XRP appeared first on Times Tabloid .
