XRP News Update: XRP ETF Gains Traction as Ledger Connects Traditional Finance with Blockchain Advancements

The digital asset sector is approaching a crucial juncture as the likelihood of an exchange-traded fund (ETF) for XRP increases, spurred by the impressive launch of the Bitwise

Staking ETF and XRP’s strong performance in the third quarter. The Solana ETF’s historic opening, which saw $55.4 million in trading volume on its first day, has fueled speculation that an XRP-focused ETF could soon emerge, potentially drawing even more institutional interest, according to a . This positive outlook is further supported by XRP’s 27.2% price jump in Q3, boosting its market value to $170.3 billion—surpassing the combined gains of , , and Solana, as Coinotag highlighted.

The Bitwise Solana Staking ETF (BSOL) has set a new standard for alternative cryptocurrency products, showing that investors are increasingly interested in direct access to blockchain assets with yield potential. Bloomberg ETF analyst Eric Balchunas remarked that BSOL’s results outperformed forecasts, pointing to a previously unmet appetite for Solana exposure and indicating a shift in how institutions view crypto. For XRP, this is a meaningful development: its established use in international payments and recent progress in real-world asset (RWA) tokenization—such as the XRP Ledger’s $364.2 million RWA market capitalization—make it a strong contender for similar ETF products.

Industry leaders like Nate Geraci, president of Novadax Wealth, believe that inflows into an XRP ETF could exceed those seen by Solana, thanks to XRP’s distinct features. “The demand for spot XRP ETFs is being underestimated,” Geraci commented, noting that XRP’s function in global transactions and its regulatory clarity following SEC litigation make it an appealing choice for diversified investment strategies. This perspective is bolstered by recent advancements in the XRP ecosystem: the XRP Ledger’s integration with institutional-grade platforms like Axiology, which is developing a regulated framework for tokenized bonds under the EU DLT Pilot regime, demonstrates its ability to connect traditional finance with blockchain, as discussed in a

. Axiology CEO Marius Jurgilas, a former central bank official, described the XRP Ledger as a means to “compress” intermediaries in capital markets into a single compliant layer, allowing for direct issuance and settlement of securities.

At the same time, regulatory processes are picking up speed. Bitwise, VanEck, and Canary Capital have all revised their S-1 filings for XRP ETFs, with Bloomberg analyst James Seyffart forecasting possible launches as soon as November, as mentioned in a

. Canary’s updated application, which eliminated a “delaying amendment,” could enable its ETF to become automatically effective within 20 days, aiming for a November 13 launch, according to a . These moves come as a temporary U.S. government shutdown has postponed SEC decisions, leading issuers to simplify their filings, the noted. Should they receive approval, XRP ETFs could mirror the achievements of Bitcoin and Ethereum ETFs, which drew over $10 billion in investments at launch, Coinotag reported.

The XRP Ledger’s influence on transforming capital markets goes beyond ETFs. Initiatives like Axiology are utilizing its capabilities to tackle structural inefficiencies, such as the EU’s $5 trillion SME funding shortfall, by linking dormant bank deposits to investment prospects, as detailed in a

. Jurgilas emphasized that the main obstacle is “institutional education,” since many organizations still find it challenging to understand compliant blockchain applications. Nevertheless, the XRP Ledger’s ability to process tokenized assets quickly and in line with regulations—handling 1,500 transactions per second—makes it a scalable option for institutional use, according to the Coinotag analysis.

With XRP’s price hovering near $2.5 and on-chain activity surging—daily transactions on the XRP Ledger rose 28 times in October—market watchers are paying close attention to regulatory updates, Coinpedia reported. Analysts suggest that confirmation of an ETF could propel prices above $5, driven by institutional buying and increased activity in derivatives markets. As the digital asset industry evolves, XRP’s combination of practical use, regulatory advancements, and institutional infrastructure could play a key role in bridging the gap between traditional finance and blockchain technology.