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21Shares Sparks 20-Day Countdown with New Filing for Spot XRP ETF

**XRP ETF: Key Takeaways from 21RP’s 8(a) SEC Filing**

The XRP community woke up to big news this week: 21RP’s spot XRP ETF filing could ignite major change for altcoins seeking access to U.S. investors. What might seem like routine paperwork may actually trigger a turning point in the race between issuers, regulators, and crypto markets.

**What’s Happening? The 20-Day SEC Countdown**

21Shares has submitted an 8(a) amendment for its proposed XRP ETF. This action starts a crucial 20-day clock: the SEC now has twenty days to respond, delay, or let the ETF automatically become effective through inaction. If the SEC stays silent, the ETF could potentially launch as early as November 27, 2025.

This move shortens the waiting game and shows 21Shares is ready to test U.S. rules directly. After months of limbo focused on Bitcoin and Ethereum funds, this filing forces the regulator’s hand: “We’re ready, your move.”

**Market Reactions: XRP Price Jumps**

Traders wasted no time responding. Within an hour of the filing appearing on the SEC database, XRP jumped nearly 5%, rising from around $2.20 to $2.32. Trading volumes surged on Binance, Coinbase, and Bybit as speculators moved in. Derivatives desks saw a burst of new long positions, signaling this filing was more than just routine—a “signal flare” that institutions are warming up to the token.

**Shifting Investor Sentiment**

It’s not just about price. XRP has lingered in a grey zone for years—large enough to matter, but often controversial. The ETF could help XRP join the broader narrative of crypto-as-infrastructure: tokens that power payments and liquidity rather than mere speculation. If this story gains traction, traders who once dismissed XRP may return in force.

**A Strategic Decision & the ETF Landscape**

Analysts believe the timing is tactical. The filing arrived on November 7, just days after revived optimism about altcoin ETFs. With Bitcoin and Ethereum products paving the way, asset managers are seeing if the precedent can extend to other tokens.

21Shares, a Swiss-based firm known for European crypto ETPs and for partnering with ARK Invest in the U.S., is pushing boundaries by filing under 8(a), risking rejection for the chance to set new standards. Major competitors like Franklin Templeton and Grayscale are rumored to be preparing their own XRP-related strategies. If 21Shares gets approval, it could shape how all future altcoin ETFs are structured—from custody to redemption.

**Market Depth, Custodians, and Transparency**

The filing doesn’t specify a custodian yet, but insiders point to Coinbase Custody or Anchorage Digital, both already trusted with Bitcoin and Ethereum products. Liquidity is strong for XRP, which often ranks in the top five for daily trading volume and regularly exceeds $2 billion.

However, successful ETFs need more than liquidity. They require smooth mechanisms for share creation and redemption, and confidence in the fund’s transparency once trading begins.

**What Comes Next? The SEC’s Move**

Whether the SEC will step in remains unknown. A single letter or request for revisions could halt the countdown, as happened with previous Bitcoin funds. But if the agency remains silent, the XRP ETF could “slip through” by procedural default—a move that might shake up industry assumptions about which tokens qualify for spot ETFs.

For some, this is a bold stress test of regulatory boundaries. For others, it’s a strategic play to further the ETF conversation, even if immediate approval doesn’t come. Either way, the next few weeks are critical. The outcome could define whether XRP finally transitions from a long-debated token to a regulated, exchange-traded asset accessible to institutional investors.

**Read More:**
– [21 ETP, Unlocking Institutional Access to On-Chain Derivatives](#)
– [Bitcoin and Gold ETFs Shock Wall Street With Rare Top 10 Trading Surge](#)

*Stay tuned as the fate of XRP’s ETF application unfolds—this could be the push that opens new doors for altcoins in the U.S.*
https://bitcoinethereumnews.com/tech/21shares-sparks-20-day-countdown-with-new-filing-for-spot-xrp-etf-4/