SEC Postpones Spot XRP ETF Decision to September 2025

The SEC’s extended review of spot XRP ETF applications signals vigilant regulatory efforts, delaying any major immediate market reactions. The anticipation surrounds the September–October 2025 approval window, which is crucial for market dynamics.

Overview of the SEC’s Review Process

The SEC, led by Chair Gary Gensler, is evaluating several spot XRP ETF applications, with a comment deadline initially set for August 22. The commission is scrutinizing proposals from key players like Franklin Templeton and Grayscale. Only the ProShares Ultra XRP ETF is live in the U.S., having been approved in July.

Analysts suggest that spot ETF approvals in September–October will likely lead to substantial institutional inflows. Commissioner Hester Peirce noted, “Delays are not rejections. The SEC remains open to spot XRP and other digital asset ETFs, as long as we can gather sufficient data and ensure market integrity. We want to do this right to avoid the issues seen with Bitcoin ETF delays.”

The ripple effects on XRP and related cryptocurrencies could be significant, with potential price rallies and liquidity shifts anticipated. Industry analysts predict that XRP’s price could experience a substantial increase if a true spot ETF is launched.

Market Implications of the Spot XRP ETF Approval

Financial analysts forecast significant shifts in liquidity should the spot ETF gain approval. Historical trends show marked increases in capital flow with previous Bitcoin and Ethereum ETF approvals, setting a precedent for XRP. Market expectations remain high for the impending decision window.

For stakeholders and market participants, analytical focus remains on regulatory dynamics in September 2025. The extended review process is crucial for establishing industry standards and ensuring market stability, with past experiences influencing current decision-making.