The post SEC Postpones Decision on Franklin Templeton’s Spot XRP ETF appeared on BitcoinEthereumNews.com.

The SEC postpones Franklin’s spot XRP ETF decision to June 17. XRP gains momentum after futures ETF approval. Analysts see XRP heading toward the $4–$6 range. The U.S. Securities and Exchange Commission (SEC) delayed its decision about Franklin Templeton’s spot XRP ETF, with the deadline now set on June 17, 2025. It came through in a filing that was signed by Sherry Haywood, Assistant Secretary of the SEC. The extension now allows another 45 days for a decision, keeping investors on the edge. This follows closely on the heels of the SEC approval of the first-ever XRP futures ETF by ProShares. Which many perceive as dramatically enhancing the chances of a spot XRP ETF approval in the not-too-distant future. What the Experts Say James Seyffart, a Bloomberg ETF analyst, added that though the SEC formally has until mid-October to make a final ruling on the spot XRP ETF, it may do so earlier. With the approval in recent times of the XRP futures ETF and increased institutional attention, there could be signs of regulatory winds being in XRP’s favor. Some more detail after speaking with ETF guru @JSeyff just now: These dates are all intermediate and we will likely see final decisions on a lot of the crypto ETPs in Q4. For the $XRP spot ETF, James is eyeing mid-October, around the 18th, as a final decision deadline. It’s… https://t.co/6FDIayFpHS — Eleanor Terrett (@EleanorTerrett) April 29, 2025 To the positive mood is the pro-crypto stance of the Trump administration. Which has put digital assets at the center of its overall economic agenda. Market Reactions and XRP Outlook XRP responded positively to the SEC action. The token saw a 1% price surge following the announcement, trading at approximately $2.30 during the North American mid-day session. With a fully diluted market capitalization…

---

Filed under: News - @ April 30, 2025 4:26 am