John Deaton, a well-known attorney and former U.S. Senatorial candidate, has drawn attention with a recent post, seemingly suggesting that investors should buy XRP. Deaton wrote in a tweet, “XRP is a bit cheaper today as well,” responding to a post from Nate Geraci about more S-1 amendments for spot XRP ETFs . His crucial remark came at a time when XRP’s price had slipped from above $2.8 to below $2 before stabilizing near $2.5, and as investors await key decisions from the U.S. Securities and Exchange Commission (SEC) on several spot XRP exchange-traded fund (ETF) applications. Geraci revealed that multiple asset managers, including Bitwise, Franklin, 21Shares, WisdomTree, Grayscale, and Canary, filed amended S-1 forms for their proposed XRP ETFs. The SEC is expected to issue rulings between October 18 and 25 , and many market participants believe any approval could significantly affect XRP’s valuation. XRP is a bit cheaper today as well. https://t.co/hnmrIxpV6I — John E Deaton (@JohnEDeaton1) October 11, 2025 Strategic Timing and Market Sentiment The attorney’s comment was interpreted by many as a reflection of the current market setup. XRP’s sharp decline and subsequent recovery positioned it at what some view as an attractive entry point ahead of a potentially market-moving regulatory outcome. Deaton, who has long advocated for XRP and made attempts to advance fair treatment of digital assets under U.S. laws, appeared to hint that the asset’s temporary dip might present an opportunity for investors before any official SEC rulings are announced. Over the past year, XRP has been at the center of renewed institutional interest , with the prospect of a spot ETF marking a significant milestone for its mainstream acceptance. If approved, these funds would allow investors to gain direct exposure to XRP through traditional financial channels, potentially expanding liquidity and accessibility. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Institutional Filings Signal Growing Confidence The SEC’s active review of several amended S-1 filings suggests that major financial entities are positioning themselves ahead of an anticipated decision. Industry observers have noted that the clustering of these submissions indicates growing institutional confidence in XRP’s regulatory standing and long-term viability. Despite recent volatility, XRP’s swift recovery demonstrates resilience amid broader market declines. Investors are now watching closely to see whether regulatory clarity through ETF approval could reinforce that momentum. Previous ETF approvals for other assets, such as Bitcoin, have historically led to notable price surges and increased institutional inflows. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Attorney John Deaton: XRP Is a Bit Cheaper Today appeared first on Times Tabloid .
