Crypto

XRP Spot ETF Application Update Boosts Price Momentum

Guavy AI Editorial Team Published September 29, 2026

Instruments

XRP

The spot ETF application for XRP has been updated and presented to the SEC with an accompanying explanation, which has coincided with an increase in its upward momentum.

Following a decline of 22.1% in May, XRP recovered in July, August, and September.

Coinbase Custody was chosen as the custodian, resulting in an investor fee of 0.34%.

This October has historically been a weak month for XRP, with an average loss of 5.14%.

The Wire

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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