XRP ETF Tracker Confirms Seven Pending Filings — Spot and Futures Applications Await SEC Decision

On October 13, 2025 (07:41 UTC), ChartNerd (@ChartNerdTA) released an XRP ETF tracker that includes seven providers, including active filers, namely, Bitwise, ProShares, CoinShares, Grayscale, Tuttle Capital, Canary, and 21Shares. The tracker isolates spot and futures proposals and comments at the end of each filing stating that it is pending and the post speculates what could happen by Q4 2025.

XRP Spot vs. Futures

The tracker reflects an amount of 0 AUM of all holdings (pre-launch) and no schedule of fees, which are indicators of pre-issuance and the absence of live investor capital as of now. Every application will fall under the normal review of the SEC. Normal SEC periods are 240 days after filing with up to 90-180 day extensions. Q4 implication of the tracker will be consistent with recent market precedent: approvals of spot crypto ETFs have been accelerated in 2024 following the spread of market-structure and surveillance arguments.

Ripple Legal Background

The regulatory context of XRP is also important: Ripple received a partial legal clarification in the previous case. The arguments of institutional applicants became stronger, claiming that XRP should be traded on the stock exchanges. The pending status of the tracker indicates that the providers are waiting legal clarity or SEC guidance before approvals of launches.

Should the XRP receive approval, an XRP spot ETF would open institutional on-ramp flows to Bitcoin, Ethereum ETFs. The approval of the historical ETFs had doubledigit price impacts with inflows; charted ETF models of the previous cycles had hinted to the ETFs obtaining into hundreds of millions and billions of AUM in months. A cheaper per-unit price of XRP compared to BTC/ETH may appeal to diversified capital provided there is custodial and surveillance that would meet the eyes of regulators.

Competition and Provider Strategies

• Grayscale and Bitwise introduce the experience of custody and trust that enhances comfort of SEC on custody controls.
• ProShares and Tuttle are more inclined to use futures structures a direction that in the past received more rapid acceptance by regulatory authorities.
• CoinShares, 21Shares, Canary have European ETP expertise and market making connections that may facilitate either a U.S. distribution or cross-listing approach.

The tracker enumerates expectations by the Q4 but notes major risks: still unresolved legal uncertainty regarding XRP, high market volatility (recent liquidation activities on October 1012, 2025) and possible SEC demands on further surveillance contracts or market-manipulation protections. Any unfavourable decision or new volatility might see approvals pushed back to after Q4.