- •XRP ETF rulings arrive in October with decisions expected from Grayscale and others.
- •Major banks gained approval to deploy XRP for global cross-border settlement systems.
- •BXE token emerges on XRPL, enabling creators to earn micropayments at publication.
As October begins, XRP stands at a pivotal moment, facing potential ETF approvals and advancing innovative applications on the XRP Ledger. Analysts note that major banks have secured permission to use XRP for cross-border settlements, while new projects such as the BXE token are reshaping digital content monetization. Together, these factors create both short-term trading opportunities and long-term ecosystem growth. With ETF deadlines approaching, investors and institutions are watching whether this month could define XRP’s future role in finance and media.
ETF Deadlines Draw Near
The U.S. Securities and Exchange Commission is preparing to deliver key rulings on altcoin ETFs in October. Between October 18 and 25, the agency will decide whether six XRP products can advance. Issuers include Grayscale, 21Shares, Bitwise, Canary Capital, WisdomTree, CoinShares, and Franklin Templeton.
These deadlines arrive as ETF applicants compete for approval following the earlier success of Bitcoin and Ethereum products. The REX‑Osprey XRP ETF recently gained traction, fueling optimism that spot products may also succeed.
The approval of the XRP ETFs in January may have ignited institutional inflows and put new pressure on demand. These inflows would have theoretically complemented the role of XRP in the established bank and remittances provider settlement systems. So, depending on how much liquidity institutions demand and how much ETFs buy, the market position of XRP could undergo rapid changes. Could this month have been the turning point when mainstream investment structures recognized XRP?
Institutional and Seasonal Context
While optimism grows, seasonal data points to caution. Over the past twelve years, XRP closed seven Octobers in negative territory. Even so, the combination of ETF deadlines and expanding utility may challenge that trend in 2025.
Ripple’s partnerships are advancing institutional adoption. Global partners include Santander and Bank of America, Deloitte, and Revolut. These alliances indicate the application of XRP in liquidity bridging between cross‑border payments. This banking momentum is continuing to enhance the reputation of XRP as a financial institution settlement asset.
Alongside this growth, September also brought advances within the XRP Ledger ecosystem. Securitize integrated with XRPL, broadening access and utility. These developments provide additional technical depth, complementing the financial narrative tied to ETFs and banking partnerships.
Related: XRP Faces Pressure as Descending Triangle Shapes Market Outlook
BXE Expands Media Monetization
Beyond the headlines, activity around the XRPL is gathering speed. The BXE token now assumes the role of a decentralized media payments mechanism. Being built right on the ledger, BXE allows instant micropayments to be delivered to journalists and content providers right upon publication.
The token is in operation with a capped supply of 500 million that presently trades near $0.03. Analysts warn that if adoption picks up, such a limited supply could create a supply shock. BXE works as payment fuel on the XRPL decentralized media layer. Payment fuel is used for transaction fees, staking, rewards, governance, and content monetization.
Community sources hold BXE to be the default fuel for the growing XRPL media economy. If coupled with the settlement activity of XRP, the ledger could very well serve as a foundation for both financial and content ecosystems. This immediately remixes XRP beyond just being a payment bridge and ushers in a network that co‑mingles money and media within the contours of a shared blockchain.