The post XRP Price in Limbo Despite Grayscale’s Bullish S-1 Amendment appeared com. Grayscale filed Amendment No. 2 for its XRP Trust ETF as regulated demand returns. Analysts say XRP price still trades inside liquidity sweeps and order blocks. Symmetrical 89-day cycles point to one more rejection before a breakout try. Grayscale Investments has put XRP back in front of institutional readers after submitting Amendment No. 2 to its Form S-1 for an XRP Trust ETF with the U. S. Securities and Exchange Commission on November 3. The updated filing names Grayscale Investments Sponsors, LLC as sponsor and Davis Polk & Wardwell LLP as counsel, signaling this is a serious push to get XRP into the same regulated lane that Bitcoin and Ethereum already use. If the SEC signs off, U. S. investors would be able to buy XRP exposure through the market structure they already trust, which usually increases depth and improves two-way liquidity. Related: XRP Price Prediction: ETF Speculation Builds Ahead Of Ripple’s $2. 5B Escrow Release The filing also lands at a moment when the XRP ecosystem is building real use cases. Ripple’s Swell conference in New York, set for November 12 to 14, is expected to feature tokenization, treasury, and regional settlement announcements, so Grayscale’s timing keeps XRP in the institutional conversation while those headlines drop. On top of that, corporate experiments such as VivoPower’s $5 million XRP-linked project in South Korea show that enterprises are starting to test XRPL for payments and asset rails, not only for trading. That strengthens the “XRP is infrastructure” narrative just as ETF issuers are circling. Technical Perspective: Liquidity Zones and Symmetrical Patterns Alongside the regulatory angle, market analysts tracking XRP’s intraday structure say this is still a liquidity-led market. Egrag Crypto’s recent analysis highlights liquidity sweeps and order-block formations within the current trading range, suggesting that institutional participants may be targeting liquidity above resistance before.