The U.S. Securities and Exchange Commission has postponed its ruling on WisdomTree's XRP Spot ETF to October 24, 2025, after reviewing multiple applications following Ripple's legal triumph last year.
SEC's Delayed Review Process
The SEC's delay pertains to multiple XRP ETF applications under review. This decision follows Ripple's legal victory, bolstering the potential for ETF approval. Analysts are closely monitoring key asset managers' strategies, which have submitted or amended filings recently. Top players like WisdomTree, Grayscale, and Franklin Templeton are involved in this process.
Market Impact and Future Projections
Market reactions to this postponement are mixed, with XRP experiencing a 12% dip prior to the announcement. However, XRP prices stabilized at around $2.96 afterward due to macroeconomic influences and speculative trading activity. Potential institutional inflows of up to $8 billion are anticipated if the ETF gains approval. This financial movement mirrors past responses seen with Bitcoin and Ethereum ETFs, suggesting a positive sentiment shift towards regulated digital assets.
Historical Context and Expert Outlook
Historical trends show the SEC's clustered review processes preceding significant ETF approvals in past cases, such as with Bitcoin. These strategies facilitate comprehensive regulatory approaches and substantial inflows, potentially reshaping crypto market dynamics. Expert analyses project optimistic outcomes for major altcoins beyond XRP, if approved. Institutional interest might extend to projects like Solana and Cardano. Regulatory developments after Ripple's court success raise approval probabilities to approximately 95%.
Thus, the delayed SEC decision marks a pivotal moment for the cryptocurrency market, highlighting the need for careful evaluation of ETF applications. Anticipated institutional activity following ETF approval may significantly influence the further development and stability of XRP and other digital assets.
