The U.S. Securities and Exchange Commission has postponed its final decision on WisdomTree's XRP ETF filings until October 2025. This postponement aligns with ongoing evaluations involving other major asset managers.
SEC Decision Delay
The SEC has delayed its final decision on WisdomTree's XRP ETF until October 2025, in line with established practices of postponements regarding crypto ETF filings.
Impact on Cryptocurrency Market
The delay in ETF approval might stall potential institutional inflows of up to $8 billion, as investors await regulatory clarity. This affects XRP liquidity and shifts focus to other altcoins.
Prospects of XRP ETF Approval
Approval of XRP ETFs would signify a major financial milestone for altcoins and could set a precedent for other tokens. Historical trends show prolonged deliberations result in asset volatility and ecosystem uncertainty.
The anticipated SEC decision on XRP ETF is significant for the cryptocurrency market, reflecting the challenges of creating a regulatory framework for digital assets.