XRP Slips 3.7% as SEC Widens the Crypto ETF Pipeline

NEW YORK, Sept. 4, 2026, 8:28 p.m. EDT — XRP (XRP-USD) slipped below $1.40 on Friday evening, giving back 3.7% over 24 hours. The decline came even as a new Securities and Exchange Commission order widened the route for crypto exchange-traded products.

The mismatch matters. The order can make some future products easier to list and manage. It does not approve a new XRP fund, buy a single token or create immediate spot demand.

That distinction was visible in the price. XRP traded near $1.3971 on Coinbase, down from $1.4515 a day earlier. It reached $1.4622 before U.S. payroll data, then sank as low as $1.3832.

Regulatory news met a macro selloff

Coinbase XRP-USD, sampled across the last 24 hours

Latest $1.397124-hour move −3.75%Range $1.3832–$1.4622

As of 8:28 p.m. EDT on Sept. 4. Source: Coinbase Exchange; five-minute candles.

The SEC decision itself is narrower than some “XRP approval” headlines suggest. On Thursday, the agency approved amendments to Nasdaq Texas Rule 5711(d). That rule governs generic listings for commodity-based trust shares.

Generic standards matter because a qualifying exchange-traded product can list without a bespoke rule-change proceeding for every launch. Nasdaq Texas asked for three changes. The exchange wanted a 15% portfolio buffer, a definition of “digital commodity” and permission for active management.