In October 2025, several important SEC decisions regarding the requests for XRP ETFs are expected to significantly impact the cryptocurrency market.
Key Decisions in October
By October 18, 2025, the SEC is expected to decide on Grayscale's request to convert its XRP Trust into an ETF. The following day, on October 19, the Commission will also consider 21Shares' application for an XRP ETF. ETF analyst Nate Geraci noted that the "floodgates" for new crypto ETF applications could open in the next two months.
Market Impact of ETFs
If XRP ETFs are approved, it could create a domino effect across the cryptocurrency market. Earlier in 2025, spot Bitcoin ETFs attracted billions in inflows, and a similar phenomenon could occur for altcoins. Analysts expect that Solana and Litecoin may follow XRP. The advancement of the Clarity Act in the Senate further strengthens this outlook.
XRP Price Speculation
XRP recently surged past $3.70 before stabilizing. Analysts are divided on price predictions for the end of 2025:
- Bullish Case: Approval could drive a major rally, pushing XRP above $5.
- Base Case: A positive decision may yield steady inflows, with XRP reaching $4.20–$4.50 by December.
- Bearish Case: A rejection or delay might spark a sell-off, with XRP retracting to $2.50.
The fourth quarter of 2025 could prove decisive not only for XRP but for the entire crypto industry. Approved ETFs may set the stage for institutional capital to flow into altcoins.
