Grayscale的XRP ETF现在正在审查中，市场眼睛3美元阻力中断

这个里程碑激发了人们对XRP突破以前高潮的潜力的猜测，投资者密切关注监管发展和市场情绪。

The United States Securities and Exchange Commission (SEC) has officially published Grayscale’s XRP ETF filing in the Federal Register, initiating a 240-day review process. The filing marks a significant step in the approval procedure, with a deadline set for October 18, 2025.

美国证券交易委员会（SEC）已在联邦公报上正式发布了Grayscale的XRP ETF申请，启动了240天的审查程序。该文件标志着批准程序的重要一步，其截止日期定于2025年10月18日。

As part of the regulatory process, there will be a 21-day public comment period. Market participants are encouraged to submit their comments during this time.

作为监管过程的一部分，将有一个21天的公众意见期。鼓励市场参与者在此期间提交评论。

Following the public comment period, the SEC will consider the proposal, taking into account concerns regarding investor protection, the health of the market, and securities law compliance before making a final decision.

在公开评论期之后，SEC将考虑对投资者保护，市场健康和证券法律合规的担忧，然后再做最终决定。

The regulatory status of XRP is a major factor in the approval process. The SEC’s extended case against Ripple Labs, which hinges on whether XRP is a security, has left a cloud of uncertainty over the asset.

XRP的监管状况是批准过程中的主要因素。 SEC针对Ripple Labs的扩展案例（涉及XRP是否是安全性），对资产的不确定性留下了不确定的云。

Moreover, the SEC has historically been conservative in approving altcoin ETFs due to concerns over market manipulation. However, recent legal and regulatory changes may improve the chances of approval.

此外，由于对市场操纵的担忧，SEC历史上一直在批准Altcoin ETF方面保守。但是，最近的法律和监管变化可能会提高批准的机会。

XRP’s price has reacted positively to the ETF news, with traders anticipating a breakout above the key resistance level at $3.00. According to technical analysts, overcoming this barrier could trigger a substantial rally.

XRP的价格对ETF新闻做出了积极的反应，交易者预计突破超过关键阻力水平为3.00美元。根据技术分析师的说法，克服这一障碍可能会引发实质性的集会。

Crypto analyst Dark Defender has projected that XRP could first test $2.77 before making a push beyond $3.00. Another trader, CasiTrades, observed, “XRP continues to hold inside a corrective channel, which is typical for a Wave 4,” suggesting an approaching all-time high.

加密分析师Dark Defender预计，XRP可以首先测试2.77美元，然后推出超过$ 3.00。另一位交易者Casitrades观察到：“ XRP继续在纠正渠道内部持有，这是Wave 4的典型特征，”这表明有史以来的高潮。

The institutional demand for XRP-denominated products has been a key driver of bullishness. In a first-ever occurrence, Brazil has authorized an XRP spot ETF, marking a substantial step toward institutional mainstream adoption.

对以XRP计数为主产品的机构需求一直是看涨的主要驱动力。在有史以来首次发生的情况下，巴西授权了XRP斑点ETF，这标志着朝着机构主流采用迈出的重大步骤。

Amidst these developments, there have been rumors of major institutions, such as Bank of America, experimenting with using XRP in cross-border transactions. While these rumors are yet to be confirmed, they have further contributed to the positive sentiment surrounding the digital currency.

在这些事态发展中，有传言说主要机构，例如美国银行，试验在跨境交易中使用XRP。尽管这些谣言尚未得到证实，但它们进一步促进了围绕数字货币的积极情绪。

The SEC is currently reviewing multiple XRP ETF applications, including Grayscale’s filing. On February 19, the agency acknowledged filings from CoinShares, Canary, and WisdomTree, which were submitted through major exchanges like Nasdaq and Cboe BZX.

SEC目前正在审查多个XRP ETF应用程序，包括Grayscale的文件。 2月19日，该机构认可了Coinshares，Canary和Wisdomtree的文件，这些文件是通过纳斯达克和CBOE BZX等重大交易所提交的。

The SEC’s recent decision to disband its crypto enforcement unit and reassign key personnel has also sparked discussion regarding the regulatory direction. Legal experts believe this restructuring may indicate a more lenient stance toward digital assets.

SEC最近决定解散其加密执法部门和重新分配关键人员的决定也引发了有关监管方向的讨论。法律专家认为，这种重组可能表明对数字资产的更宽容立场。

John Reed Stark, the former Chief of the SEC’s Office of Internet Enforcement, commented, “The SEC’s latest reorganization seems to be moving non-fraud crypto cases out of the crosshairs.”

美国证券交易委员会（SEC）互联网执法办公室前负责人约翰·里德·史塔克（John Reed Stark）评论说：“ SEC的最新重组似乎正在将非弗拉德·加密案件移出十字准线。”

This potential policy shift, coupled with pro-crypto sentiment in the current U.S. administration, has heightened expectations that regulatory hurdles for XRP and other digital assets could ease in the coming months.

这种潜在的政策转变，再加上现任美国政府的亲克莱普托情绪，人们对XRP和其他数字资产的监管障碍可能会在未来几个月内缓解。

According to market data, there is growing confidence in the likelihood of an XRP ETF approval. Polymarket, a predictions market website, currently shows an 81% chance of approval.

根据市场数据，对XRP ETF批准的可能性的信心越来越有信心。 Polymarket是一个预测市场网站，目前显示出批准的机会81％。

If approved, an XRP ETF would introduce massive liquidity and institutional inflows, potentially driving the price to new all-time highs.

如果获得批准，XRP ETF将引入大量的流动性和机构流入，可能会将价格推向新的高潮。

Despite the optimism, some analysts remain cautious. Jackson Denka, CEO of Azura, stated, “Until we see real adoption and actual progress of XRP’s blockchain use cases, it is difficult to say whether this price surge is sustainable.”

尽管很乐观，但一些分析师仍然谨慎。 Azura首席执行官杰克逊·丹卡（Jackson Denka）表示：“直到我们看到XRP区块链用例的实际采用和实际进度之前，很难说这种价格上涨是否可持续。”