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Key facts: 21Shares Files XRP ETF Amendment; Analysts Predict $1B Impact

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  • On November 7, 2025, 21Shares filed Amendment No. 3 for a spot XRP ETF with the SEC, starting a 20-day review. Automatic approval could occur by November 27.12
  • Analysts expect XRP ETF approvals could attract over $1 billion, potentially removing 4.95 billion XRP from circulation and boosting its market cap from $150 billion to $1 trillion.3
  • XRP (XRPUSD) has pulled back, offering a potential buying chance under $2. However, investors who purchased after the November 2024 spike may be facing losses.4