Bitwise Recordsdata has up to date its XRP ETF documentation, confirming NYSE itemizing and 0.34% administration price.
Consultants say the XRP ETF might be launched inside 20 days if authorized by the SEC.
In the meantime, XRP worth rose to $2.51 amid rising optimism over upcoming ETF approval information.
The long-awaited Bitwise XRP exchange-traded fund (ETF) may quickly turn out to be a actuality. $15 billion asset administration large Bitwise has filed Modification No. 4 to its XRP ETF utility with the U.S. Securities and Alternate Fee (SEC), revealing two key particulars.
Consultants consider such updates usually mark the ultimate step earlier than approval. If authorized by the SEC, the XRP ETF may turn out to be operational in as little as 20 days.
Two main updates to Bitwise XRP ETF
On October 31, Bitwise filed Modification No. 4 with the SEC updating its S-1 Type. The most recent replace doc consists of two necessary particulars. One is that the corporate might be listed on the New York Inventory Alternate (NYSE). Subsequent, the administration price might be 0.34%.
Eric Balchunas, senior ETF analyst at Bloomberg, believes Bitwise’s newest submitting is a significant step ahead for XRP’s entry into conventional finance. “Including NYSE and charges means Bitwise has checked nearly each field.”
Bitwise has up to date its XRP ETF submitting to incorporate alternate (NYSE) and 0.34% charges. These are normally the final gadgets to verify. Correction quantity 4. pic.twitter.com/BUkasSQY5
— Eric Balchunas (@EricBalchunas) October 31, 2025
Traditionally, when issuers embody alternate and price particulars on their S-1 kinds, it normally means they merely anticipate a remaining inexperienced gentle from the SEC.
XRP ETF may launch inside 20 days
Following information of the replace, Bloomberg Intelligence ETF skilled James Seifert added additional context, noting that Bitwise's newest submitting consists of “shorter language” that might permit the product to go stay in as little as 20 days, pending SEC approval.
Seyffart identified that along with Bitwise, different main firms comparable to VanEck, Constancy, and Canary Funds have additionally up to date their filings, suggesting that the race to launch an XRP ETF is heating up shortly.
In the meantime, Crypto America host Eleanor Terret revealed that Canary Funds has eliminated a “delay modification” from its S-1 submitting that gave timing management to the SEC.
This is able to set the launch date for Canary's XRP ETF to be November thirteenth, if Nasdaq approves the 8-A submitting.
Impression on XRP ETF worth
After the most recent XRP ETF replace, the worth of XRP rose barely and was buying and selling round $2.51, displaying elevated optimism amongst merchants.
Analysts say that if the XRP ETF is authorized, it might be the first-ever XRP spot ETF in america, a historic second that might push the token in direction of all-time highs.
At present, XRP is going through sturdy resistance close to the $2.75 degree. A break above this might open the door to a take a look at of the $3 psychological mark.
Nonetheless, if promoting strain continues, XRP may appropriate by as much as 19% and retest the $2 help zone inside a long-term channel sample.
