How the XRP ETF Just Rolled Out… Without the SEC Noticing!

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The crypto world is having one heck of a party because, surprise surprise, the Teucrium XRP ETF decided to take its first dance steps without waiting for Father Christmas-or in this case, the SEC. So there we were, on October 1, when the SEC decided to project a “We’re busy” sign and left the approval game completely behind. Like, if you’ve ever worked in an office, you know they only take care of emergencies when they do that. Spoiler: ETF listings aren’t considered high-priority mail.

So, how exactly did the XRP ETF send out its wedding invitations without asking anyone for permission? One expert was like, “Silence is compliance,” so the ETF was like the cool kid who slid right into action after the clock struck the regulatory deadline. 🕓 It’s not like they needed a big ol’ thumbs up, right?

How’d It All Go Down?

Crypto journalist Eleanor Terrett, who really knows her stuff, explained that the Teucrium 2x Long Daily XRP ETF got its papers filed under the Investment Company Act of 1940. And guess what? Because it holds stuff like Treasuries and swap receivables, it didn’t need the SEC’s two cents to start trading. Terrett took to X and said, “Spot ETFs, though, are more like rambunctious teenagers that do require explicit SEC approval before they can even think about leaving the house.”

“Which means any new spot crypto ETFs ($LTC, $SOL, $XRP) have to wait around, probably until the SEC gets its coffee and stops looking like it’s staring at the wall, likely once the government shutdown is over,” she added, probably sipping on some coffee herself.

So here we have it-a real-life example of regulatory deadlines making magic happen while the SEC is out sick. Now the investors can jump on this golden opportunity, or at least pretend it’s real until they hear otherwise.

Crypto ETFs on SEC Stands-By

In the upcoming weeks, our dear SEC will be juggling a dizzying array of ETF timelines. Here’s your reminder that these are the dates to look out for… because who needs to work during a shutdown?

Grayscale Spot XRP ETF: October 18

21Shares XRP ETF: October 19

Bitwise Spot XRP ETF: October 20

Canary Capital XRP ETF: October 23

WisdomTree XRP ETF: October 24

CoinShares XRP ETF: October 25

Canary Litecoin ETF, well, let’s be honest, that one was planning to be the cool guy showing up late to the party: October 2 (but missed the deadline thanks to the SEC’s poker face)

Grayscale Litecoin Trust: October 10

CoinShares Litecoin ETF: October 23

Grayscale Solana Trust: October 10 (because apparently, the SEC was doing really, really important staring)

VanEck Solana Trust: October 16

21Shares Solana ETF: October 16

Canary Solana ETF: October 16

Bitwise Solana ETF: October 16

Grayscale’s Cardano ETF: October 26 (mark your calendars)

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2025-10-06 09:39