The SEC has once again postponed its decision on the XRP ETF, what’s going on?
The Securities and Exchange Commission (SEC) once again postponed its decision XRP ETFdiscussing when the committee can approve these funds. Market expert and Bloomberg analyst James Seyffart provides insights on when these crypto ETFs will be approved.
SEC delays decision on XRP ETF
one SEC release The agency showed that it has delayed its decision to apply for CBOE to the list and trading share of the 21Shares XRP ETF. Similarly, the Commission withdrew its decision to approve the listing and trading of shares Grayscale XRP ETF. This decision is on the second deadline for making the decision.
SEC determines grayscale and 21shares XRP ETF It is August 19 and 20, respectively. Meanwhile, the fourth and final deadlines are October 18 and 19. Meanwhile, the Committee calls on the public to comment and refute why they should approve or reject the documents.
It is also worth mentioning that the second deadlines for the Bit and Smart XRP ETF are May 25 and 27, respectively, and the SEC is expected to postpone its decision on these documents. Meanwhile, the second deadline for Canary and Coinshares ETF is May 26.
The decisions on all of these documents can be announced together, similar to those made by the Commission on other documents on other dates. The second deadline Franklin Templeton The XRP ETF is 17th place next month.
Meanwhile, one is exactly the launch of CME XRP and Micro XRP futures earlier this week. After release, Nate GeraciThe president of the ETF store announced that it was only a matter of time before the XRP ETF was, meaning inevitable approval was inevitable. The regulated futures market guarantees that the SEC cannot reject these documents on the grounds of manipulation, as the court ruled that futures and spot markets are similar.
When approval may occur
In X posts, James Seyffart It points out that the SEC may not approve the XRP ETF until late June or early July. He added that early in the fourth quarter of this year, recognition seems more likely. As he pointed out, this is the delay in expecting these on-site encrypted ETFs.
Bloomberg analysts further explained that SECs usually need to respond to these documents full-time. So no matter how friendly the current SEC government is to cryptocurrency, early decisions will not go beyond the norm. Seyffart and his colleagues Eric Balchunas The SEC is forecast to have an 85% chance of approving XRP ETFs this year. Meanwhile, Polymarket data shows that it received 83% approval opportunities in 2025.
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