The U.S. Securities and Exchange Commission (SEC) has officially postponed its decision on the 21Shares spot XRP ETF, now setting the new review deadline for June 17, 2025. 📆
This delay isn’t a surprise to those following the SEC’s track record — it’s part of a broader cautious regulatory approach we’ve seen play out across the board, including previous delays with Bitcoin and Ethereum ETFs. 🧐
Interestingly, Franklin Templeton’s spot XRP ETF has also been delayed and is expected to be reviewed by the same date. This shows a consistent pattern rather than a direct rejection.
💬 “This delay appears to be procedural and aligns with how previous crypto ETFs have been handled,” noted several market analysts.
🧠 Behind the Delay: Optimism Still in the Air?
While a delay might sound discouraging, it’s not necessarily bad news. In fact, some analysts estimate an 85% chance of approval, pointing to the SEC’s evolving stance under crypto-friendly leadership, particularly SEC Commissioner Paul Atkins. 🤝
🌐 “We’re seeing growing alignment between crypto innovators and regulators — it’s only a matter of time,” says a crypto policy expert.
Another key factor? The SEC may be waiting for developments in the Ripple vs. SEC lawsuit, with a status update due by June 15, 2025. The outcome of that case could heavily influence how XRP is classified — and whether the ETF gets the green light. ⚖️
🔍 Final Thoughts
This latest delay should be seen as a pause, not a denial. With XRP’s legal landscape potentially clearing up and new leadership inside the SEC, the crypto ETF horizon is shifting — and XRP could be next in line. ⏳🚀
