When Will SEC Approve an XRP ETF? Latest Delay Explained
The post When Will SEC Approve an XRP ETF? Latest Delay Explained appeared first on Coinpedia Fintech News
Once again, the U.S. Securities and Exchange Commission (SEC) has hit the pause button on an XRP ETF proposal, this time from 21Shares. While it may sound disappointing, this delay is more routine than alarming.
In fact, it would be way towards the approval of the XRP ETF. Despite the news XRP saw a slight 2% drop in price.
It’s Not a No—It’s Just “Not Yet
The proposal from 21Shares to launch a spot XRP ETF is now delayed. But this is not a surprise. The SEC follows a long process before making decisions, and delays like this are very common.
They usually take several months—up to 240 days—to review, gather public feedback, and study market data.So far, the SEC hasn’t approved any altcoin ETF—not even for Solana. It’s still testing the waters, just like it did with Bitcoin and Ethereum before giving them the green light.
XRP Isn’t Alone in the Waiting Room
This delay doesn’t just affect 21Shares. Other XRP ETF proposals from Franklin Templeton and Bitwise have also been pushed back earlier this year.
But here’s the good news, Bitcoin and Ethereum ETFs were also delayed many times before they were approved. It’s just how the process works.
In fact, crypto analyst James Seyffart believes the SEC might take action by late June or sometime in the last quarter of this year. So, the wait may not be too long.
Delays on spot crypto ETFs are expected. A bunch of XRP ETPs have dates in next few days.
If we’re gonna see early approvals from the SEC on any of these assets — i wouldn’t expect to see them until late June or early July at absolute earliest. More likely to be in early 4Q.
— James Seyffart (@JSeyff) May 20, 2025
Positive Signs Are Already Here
Even though there’s no ETF yet, XRP is moving forward in other ways. Regulated XRP futures have already gone live this week, showing that institutions are getting more comfortable with the token. That’s a big step toward wider acceptance.
And according to Polymarket predictions, there’s an 83% chance that an XRP ETF will be approved by the end of 2024. That shows strong confidence in XRP’s future.
XRP Saw temporary Dip, But Long-Term Hope
After the news of the delay, XRP’s price fell by about 2%, now trading around $2.35. Some experts believe that the short-term price drops are normal during news like this.
Filed under: Bitcoin - @ May 21, 2025 5:20 am