In October 2025, the California crypto project Ripple$XRP may encounter two significant events that could strengthen its market position and support XRP.
The first major event in October for Ripple could be the approval of exchange-traded funds (ETF) for XRP. Earlier this week, the U.S. Securities and Exchange Commission (SEC) postponed its decision on the Core XRP Trust by 21Shares to October 19, 2025. The launch of this instrument could bolster the cryptocurrency's position in the market. The reason is that ETFs democratize access to crypto for institutional investors.
The market participants saw the effect of launching spot ETFs on cryptocurrency in the case of Bitcoin. Recall that the instrument was approved in January 2024. By March, BTC was valued at 66% higher. At the time of writing this review, Bitcoin had increased nearly 160% from January 2024 levels.
The second event that may occur in October is the acquisition of a banking license. The company applied for it in July 2025. Here are the advantages Ripple will obtain if the license is approved:
Direct access to the Federal Reserve — storage of RLUSD reserves without intermediaries and fast settlements.