The SEC has delayed its decision on WisdomTree's XRP ETF, which could significantly impact the altcoin market and generate expectations for institutional investments.
Delayed ETF Review
The U.S. Securities and Exchange Commission (SEC) has extended its review of WisdomTree's XRP ETF until October 24, 2025. This decision prolongs the process and impacts the cryptocurrency market, particularly the prospects for altcoin ETFs.
Potential Institutional Inflows
Should the ETF receive approval, institutional inflows are expected to range from $5 billion to $8 billion. The ETF's launch is seen as a catalyst for integrating cryptocurrencies into traditional financial flows, similar to past Bitcoin and Ethereum ETF approvals.
Market Expectations and Reactions
Despite the extended review period, the market has shown minimal volatility. Experts highlight that continuity in strategic responses from the community remains, navigating current market dynamics. Analyzing previous successful ETF approvals, observers note that such regulatory delays are becoming commonplace and are already anticipated by market participants.
Regulatory delays continue to impact the market, but expectations for ETF prospects remain high, with market reactions to these events remaining subdued.