XRP ETF Race Heats Up: Six Asset Managers Submit Amendments

A surge of activity in the race to bring the first U.S. spot XRP exchange-traded fund (ETF) is underway, with six asset managers filing amendments to their respective applications. Meanwhile, Grayscale has submitted a fresh application for its Grayscale XRP Trust. This significant development comes as the SEC prepares to make key decisions on these proposals by October 2025.