Ripple backs SEC rules after $150 million fight: What it means for XRP price

Published on 10/23/2026 at 18:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Spot XRP ETFs lost 1.84 million USD in the week ended October 16. The XRP price is 1.32 USD as of October 23, 2026, down 0.10 percent.

Regulation, flows and network data

On October 20, Ripple submitted support for the SEC's proposed crypto framework.
Spot XRP ETFs recorded 1.84 million USD in net outflows for the week ended October 16.
The XRP price stands at 1.32 USD as of October 23, 2026, 0.10 percent below the UTC daily close of October 22, 2026.
XRP Ledger payment volume was 119.5 million XRP on October 17.

XRP, XCCRYPTOXRP0, Illustration mit AI erstellt.

XRP (XRP) enters a new regulatory chapter after Ripple backed the United States Securities and Exchange Commission's proposed crypto rules on October 20 and cited more than 150 million USD in legal costs, according to Coinpaper. The XRP price stands at 1.32 USD as of October 23, 2026, down 0.10 percent compared with the UTC daily close of October 22, 2026.

Ripple seeks clearer treatment for XRP transactions

According to Coinpaper, Ripple's October 20 comment letter supported the SEC's proposed Regulation Crypto Assets framework while requesting clarification on digital tokens, investment contracts and secondary-market transactions. Ripple argued that an investment contract involving a token should not automatically make every later transfer of that token a securities transaction.

The same report said Ripple Chief Legal Officer Stuart Alderoty attributed more than 150 million USD in legal costs to the company's effort to obtain legal certainty during its XRP dispute. The SEC proposal includes exemptions allowing qualifying issuers to raise up to 5 million USD over four years or 75 million USD within 12 months, subject to disclosure requirements.

ETF outflows end a 13-week streak

U.S. spot exchange-traded funds, which hold XRP directly, recorded 1.84 million USD in net outflows during the week ended October 16, ending 13 consecutive weeks of inflows, according to Yahoo Finance. The weekly figure included a 740,000 USD inflow on October 14 and a 2.47 million USD redemption on October 16.

Network activity also weakened on October 17. XRP Ledger payment volume fell to 119.5 million XRP, a 72.3 percent single-day decline from the reported 30-day average of 629.3 million XRP, according to Yahoo Finance. The report described payment volume as volatile, so the single-day figure does not establish a lasting change in network usage. Ripple's Swell conference is scheduled for October 27 through October 29, according to Crypto.news.

Investing.com places XRP at 1.32 USD

According to Investing.com, XRP trades at 1.32 USD as of October 23, 2026, down 0.10 percent compared with the UTC daily close of October 22, 2026. The daily high is 1.33 USD and the daily low for the UTC day is 1.31 USD. Market capitalization is 82.99 billion USD, ranking XRP fifth, while 24-hour volume is 1.59 billion USD. Circulating supply is 63.13 billion XRP.