A wave of optimism surrounding XRP Exchange-Traded Funds (ETFs) continues, as various institutions ramp up their applications. Recent reports highlight 12 filed ETF applications, including moves by SBI in Japan, as the SEC relaxes regulations.
Interest in the XRP ETF market isn't limited to the familiar names. Not only have major players like Bitwise, Grayscale, and Fidelity taken steps, but now SBI has also joined the fray with its recent filing in Japan. This influx could reshape the landscape moving forward.
βThere has been 12 filed so far,β noted one forum member, emphasizing the competitive environment.
Institutions are eyeing a variety of ETFs, whether they focus on futures or aim to convert existing trusts. This diversification could stabilize XRP's price trajectory as more firms get involved.
Prominent companies in the mix:
21Shares
ARK Invest
Invesco
VanEck
Despite the uplifting news, some participants express concerns about larger players potentially suppressing XRP's price. One noted, "Donβt put any faith in dates you hear Thereβs a psychological element to their maneuvers." People remain wary about whether XRP can experience natural price growth. Curiously, many believe that whales will keep accumulating without creating major price shifts, sparking discussions about market ethics.
As of August 2025, uncertainty looms over XRP's future. Will these institutional moves help legitimize XRP as a top player, or could regulatory environments stunt its growth?
β³ 12 ETF applications filed; SBI leads in Japan.
β½ Concerns over potential price suppression by large institutions.
**β» "Keep your eyes on the prize.