The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the WisdomTree XRP ETF, setting a new deadline for October 24, 2025.
SEC Delay on WisdomTree XRP ETF Decision
The SEC announced the postponement of its decision on the WisdomTree XRP ETF on August 25. The commission began reviewing the fund in May after it became the first application for a U.S. XRP ETF. The SEC has up to 240 days to respond but is taking steps to potentially shorten this timeline.
Impact of Delay on XRP Market
The price of XRP hovered around $2.96, seemingly unaffected by the news. However, analysts suggest that this delay may inject volatility into the XRP market, potentially creating new momentum as the final decision date approaches.
Expectations Regarding Future ETF
The XRP ETF is among the most anticipated crypto funds in the market. The XRP community, known as the XRP Army, is experiencing mixed feelings regarding the delay, which is not a final verdict on the WisdomTree XRP ETF.
The next decision timeline set by the SEC is until October 24, 2025, leaving open questions about the future of XRP in the cryptocurrency market.