{"id":43734,"date":"2025-08-23T15:31:32","date_gmt":"2025-08-23T15:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43734"},"modified":"2025-08-23T15:31:32","modified_gmt":"2025-08-23T15:31:32","slug":"spot-xrp-etf-coming-soon-asset-managers-submit-amended-s-1-filings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43734","title":{"rendered":"Spot XRP ETF Coming Soon? Asset Managers Submit Amended S-1 Filings"},"content":{"rendered":"
\n

According to the latest report<\/a>, a group of asset management firms submitted S-1 amendments for a spot XRP ETF (exchange-traded fund) in the United States. These movements reflect the ramped-up interest of these institutions to get the approval of the US Securities and Exchange Commission (SEC) to offer this crypto-linked investment product.<\/p>\n

What Changed In The Proposed Spot XRP ETFs?<\/b><\/h2>\n

On Friday, August 22, a slew of asset managers, including Grayscale, Bitwise, Canary, CoinShares, Franklin Templeton, 21Shares, and WisdomTree, filed amended S-1 statements for their proposed spot XRP ETFs. According to experts, this round of filings might be in response to the US SEC\u2019s feedback on their original applications.\u00a0<\/p>\n

Bloomberg ETF analyst James Seyffart said on X:<\/p>\n

\n

Bunch of XRP ETF filings being updated by issuers today. Almost certainly due to feedback from [the] SEC. Good sign, but also mostly expected.<\/p>\n<\/blockquote>\n

Similarly, the ETF Store President, Nate Geraci, shared a similar sentiment, saying that it is very significant to see the various asset managers roll out their amended S-1 filings at once and on the same day. \u201cVery good sign IMO [in my opinion],\u201d Geraci wrote on X.<\/p>\n

\"XRP<\/p>\n

For a security or ETF to be listed on an exchange, it needs an S-1 filing, which provides a brief prospectus of the proposed security. Meanwhile, the S-1 form is amended as material information changes regarding the structure of the exchange-traded fund.<\/p>\n

Hence, it is no surprise to see some changes in the structure of proposed spot XRP ETFs. For instance, the amended S-1 filing appears to switch the exchange-traded products from simply cash creations and redemptions to allow for XRP or cash creations and cash or in-kind redemptions.<\/p>\n

It is worth mentioning that BlackRock, the world\u2019s largest asset management firm and manager of the largest spot Bitcoin and Ethereum exchange-traded fund, has still not made a move to join the race for the spot XRP ETFs. As reported by Bitcoinist<\/a>, the trillion-dollar asset manager revealed earlier in August that it has no intentions to launch an XRP fund.<\/p>\n

XRP Price At A Glance<\/b><\/h2>\n

Following a torrid start to the week, the XRP token fell beneath the $3 mark to as low as $2.8 on Friday. However, the altcoin jumped back above $3 on the back of the news of the complete dismissal of Ripple\u2019s lawsuit and Federal Reserve Chairman Jerome Powell\u2019s speech. As of this writing, the XRP token is valued at around $3.01, reflecting an over 5% price jump in the past 24 hours.<\/p>\n

\"XRP<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

According to the latest report, a group of asset management firms submitted S-1 amendments for a spot XRP ETF (exchange-traded fund) in the United States. These movements reflect the ramped-up interest of these institutions to get the approval of the US Securities and Exchange Commission (SEC) to offer this crypto-linked investment product. What Changed In […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43734","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43734"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43734\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}