The U.S. Securities and Exchange Commission (SEC) has decided to postpone its review of the XRP ETF proposed by Franklin Templeton until November 2025.
Postponed SEC Decision on ETF
The SEC has officially delayed its decision on the proposed XRP ETF from Franklin Templeton, now extending to November 14, 2025. This extension allows for further evaluation and public feedback. An official statement from the SEC states, 'The regulator said it will now decide by November 14 on whether to allow the Cboe BZX Exchange to list the product.'
XRP Price Stability
Despite the delay, XRP's price remains stable above the $3 mark. This stability suggests there are no immediate concerns from the investor community. Recent reports indicate that the odds of approval for the XRP ETF on Polymarket remain high, further maintaining investor interest.
Market Reaction to Delay
The market has shown minimal reaction to the SEC’s delay, with no significant changes in financial or institutional participation reported following the announcement. This decision aligns with previous SEC actions observed with other ETFs. Historical delays of digital assets typically result in muted initial reactions, but heighten speculation as decision dates approach.
The delay of the SEC's decision on Franklin Templeton's XRP ETF underscores ongoing regulatory caution, while the stable XRP price fosters investor confidence.
