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BREAKING: Grayscale Amends XRP Trust Filing – ETF Push Continues

By

Triparna Baishnab

Triparna Baishnab

Grayscale files another amendment for its XRP Trust with the SEC, signaling deeper progress toward a U.S. spot XRP ETF.

BREAKING: Grayscale Amends XRP Trust Filing – ETF Push Continues

Quick Take

Summary is AI generated, newsroom reviewed.

  • Grayscale submits a fresh amendment for its XRP Trust.

  • The filing updates pricing sources and index rules.

  • The move supports a future spot XRP ETF.

  • XRP liquidity could rise after approval.

Grayscale has filed a new amendment for its XRP Trust with the SEC. The firm used a Form 8-K filing. It updated key operational details. Therefore, Grayscale keeps moving toward a spot XRP ETF. This step follows its earlier S-1 registration in late 2025.

The amendment adjusts the CoinDesk XRP Index. It now pulls data from major exchanges. These include Bitstamp and Kraken. These platforms offer deep liquidity. As a result, the trust improves price accuracy. It also reduces manipulation risk. Institutional interest in crypto keeps growing. BlackRock’s IBIT crossed $40 billion in assets. Fidelity’s FBTC also shows steady inflows. Therefore, asset managers now target altcoin ETFs. XRP remains one of the most liquid assets. It ranks among the top ten by market cap.

ETF Structure Attracts Traditional Capital

Spot ETFs allow regulated exposure. They remove wallet risks. They also simplify custody. Hence, pension funds and wealth managers prefer them. If XRP gains approval, it could unlock billions in capital. However, Ripple’s past SEC case still matters. The court ruled XRP was not a security in secondary markets. Yet, regulatory clarity remains partial. Therefore, the SEC may delay approval. Still, Grayscale continues to push forward.

Potential Impact on XRP Price

ETF approvals often boost demand. Bitcoin surged after ETF launches. Ethereum followed the same pattern. Thus, XRP could see similar effects. Higher liquidity could reduce volatility. It could also improve long-term adoption. Ripple benefits directly from ETF exposure. It strengthens institutional trust. It also supports cross-border payment use cases. Therefore, this amendment carries long-term strategic value for the entire XRP ecosystem.

References

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