XRP News Today: Will Ripple’s Bank Licensing and XRP-spot ETF Approvals Take XRP to an All-Time High?

By Ethan Clarke Updated On October 6, 2025

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October will be a crucial month for XRP as Ripple’s bank license decision and XRP-spot ETF approvals are on the line. XRP investors and market analysts are confident that a significant price surge or major breakout is nearing despite fears of the US government shutdown. The experts opine that a potential US government shutdown might delay the XRP-spot ETF decisions. Still, they strongly believe it will not negatively impact the investor optimism for institutional inflows.

Ripple, the private company that created and actively develops the XRP Ledger, could be granted a US-chartered bank license this month, which will give it a significant place in the United States financial system and ultimately boost the value of XRP, which is Ripple’s primary bridge currency. According to the market analysts, the banking license could boost XRP’s profile and fuel significant institutional inflows.

How does the Bank License and ETF Approval act as a Catalyst?

Ripple has previously applied for a U.S. federal banking license to provide custody services and direct access to Federal Reserve payment systems. The license will expand the legitimacy within the financial system and ultimately boost the profiles of both Ripple and XRP. The experts believe that the licensing could enhance the project’s credibility and boost institutional confidence, which will lead to broader XRP integration into regulated finance. The approval odds for the federal banking license are still uncertain because similar applications have been rejected for other prominent crypto firms.

The latest information suggests that the approval of spot XRP ETFs is expected to be at the end of this month, and the launch would allow regulated institutional and retail investment in XRP. ETF inclusion is a stamp of legitimacy; the potential approval could give XRP a significant place in global finance. It could attract large investment funds, increase exposure to media attention, and it could even enhance XRP’s use cases within the finance sector. You can read more about this in XRP ETFs Gain Momentum

Pro-crypto lawyer Bill Morgan commented that all those spot ETFs, including XRP spot ETFs, were being delayed until late October. He added that Ripple’s application for a national bank charter, which had been filed on 2nd July 2025, should generally be decided within 120 days according to the OCC manual, meaning by the end of October. He noted that a lot could happen at once in October.

Here is the list of XRP spot- ETFs awaiting approval.

Grayscale – Decision due October 18, 2025
21Shares – Review scheduled by October 24, 2025
Bitwise – Review scheduled by October 24, 2025
Canary Capital – Review scheduled by October 24, 2025
CoinShares – Review scheduled by October 24, 2025
WisdomTree – Review scheduled by October 24, 2025

Most crypto analysts believe that the approval odds are extremely high this month.

XRP Crossed the Psychological $3.00 Price Point on Sunday, Signalling an Upcoming Price Rally?

XRP, the native token of the XRP Ledger, reached its psychological $3.00 price point yesterday and has been showing significant market momentum ever since. XRP price today is $2.97, with a $5.47 billion trading volume. The XRP token being closer to the $3.00 price point could be a signal for the upcoming price rally, fueled by factors like Ripple bank licensing and awaiting XRP-spot ETF decisions.

According to the market experts, the traders see the $3 mark as a crucial resistance and turning point due to XRP’s historical cycles. The enhanced market momentum, accompanied by high trading volume and macroeconomic factors, could encourage the project to unleash its potential and push XRP to new heights.

A crypto analyst wrote on Binance Square that if Ripple managed to push its banking license over the finish line in the coming months, XRP could be staring down its most important rally in years. Until then, it was a matter of watching how the $3 support zone behaved and whether bulls had enough gas to finally carry the price into that long-teased $5 breakout. The analyst noted that XRP broke above $3 as Ripple’s OCC banking license application sparked speculation about a potential $5 breakout.

In summary, the XRP’s move beyond the $3.00 price point is a good signal, and it could be viewed as a signal for the upcoming price surge. The traders are closely monitoring the situation, and they ask, Can XRP sustain above the psychological $3 point and build a base for the future $3.30–$3.50 run?

You can also check the XRP price prediction for more details.

Disclaimer: All information provided is for informational purposes only and does not constitute advice to buy or sell securities. Investors should conduct their own due diligence and consult with licensed financial professionals before making investment decisions.

Ethan Clarke

Crypto & Blockchain Expert

Ethan Clarke is a respected cryptocurrency journalist and fintech researcher with over 6 years of experience writing about blockchain technology, digital assets, and decentralized finance. He holds a Bachelor’s degree in Finance and a Postgraduate Diploma in Blockchain Strategy, blending financial expertise with deep technological insight. Ethan specializes in covering major crypto topics, including Bitcoin, Ethereum, DeFi protocols, NFTs, and regulatory developments. He is also known for his thorough and unbiased reviews of crypto-related products such as cryptocurrency brokers, wallets, exchanges, and automated trading platforms. Each review is based on in-depth research, hands-on testing, and performance analysis to help readers make informed decisions.