SEC makes groundbreaking move in XRP ETF approval process

The Securities Exchange Commission (SEC) has taken a major step that could accelerate the launch of spot exchange-traded funds ( ETFs ) tied to several major cryptocurrencies, including ￰1￱ to cryptocurrency journalist Eleanor Terrett, the SEC has asked issuers to withdraw their existing 19b-4 filings following the approval of new generic listing ￰2￱ could begin as early as this week, she said in an X post on September ￰3￱ XRP, other affected cryptocurrencies include Litecoin ( LTC ), Solana ( SOL ), Cardano ( ADA ), and Dogecoin ( DOGE ). More context for those asking whether withdrawal is a bad thing: the short answer is ￰4￱ long answer: when the @SECGov approved the generic listing standards two weeks ago, it eliminated the need for exchanges to file 19b-4 forms to list individual token ETFs, simplifying and… ￰0￱ — Eleanor Terrett (@EleanorTerrett) September 29, 2025 Notably, Terrett emphasized that the move is not a ￰5￱ this case, the SEC’s generic listing standards eliminate the need for individual 19b-4 filings for token-based ETFs, simplifying and speeding up the approval ￰6￱ the new rules, as long as a cryptocurrency meets the established criteria, an ETF can be approved with just an S-1 ￰7￱ means the SEC could approve one or multiple ETFs at any time, streamlining access for ￰8￱ ETF decisions The decision comes as the SEC is expected to make rulings on several altcoin ETFs later in October, increasing the likelihood that assets like XRP could receive ￰9￱ participants are anticipating a significant October for ETFs, which could lead to substantial inflows into altcoins from institutional ￰10￱ SEC will decide on 16 cryptocurrency ETFs, with final deadlines scattered throughout the month.

Canary’s Litecoin ETF is up first on October 2, followed by Grayscale’s Solana and Litecoin trust conversions on October 10, and WisdomTree’s XRP fund on October ￰11￱ decisions could happen at any time before these deadlines, analysts see the approvals as a potential catalyst for a renewed altcoin ￰12￱ image via Shutterstock