- The SEC has delayed its decision on XRP and other crypto ETFs, initiating a public comment period for further review.
- Analysts now predict potential approvals by October 2025, as regulatory scrutiny continues.
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on spot-based exchange-traded funds (ETFs) tied to XRP and other cryptocurrencies, including Dogecoin and Ethereum. This delay affects filings from major asset managers such as Grayscale and 21Shares, along with a revised proposal from Bitwise for its Ethereum ETF that includes staking.
According to documents published on the SEC’s website, the commission has formally initiated further proceedings to evaluate the ETF proposals and is now seeking public feedback. This move, while procedural, signals a deeper regulatory review of the legal framework surrounding crypto-based financial products.
Also read: XRP Price Prediction: Top Trader Says $11 Target Possible by 2025
The public consultation period is open for 21 days, with an additional 14 days for rebuttals. This step highlights the SEC’s broader strategy of gathering a wide range of perspectives before making any definitive rulings, especially in light of the complex issues presented by cryptocurrencies.
Also delayed is the Bitwise amendment aimed at incorporating Ethereum staking, a feature that could allow ETF investors to earn passive income through network participation. The SEC has requested more input, showing caution toward the evolving DeFi landscape and its integration with traditional finance.
This isn’t the first time the SEC has hit the brakes. In March, the agency delayed decisions on similar ETF filings, including the Grayscale XRP Trust. The original May 21 deadline has now been extended, with no new date formally set. However, industry analysts like Bloomberg’s James Seyffart expect final decisions to land closer to October 2025, following the SEC’s typical 240-day review cycle.
Despite the regulatory setbacks, optimism remains strong in the crypto and ETF sectors. Industry expert Nate Geraci believes that approval is inevitable as regulators move toward greater clarity on digital assets.
For now, investors and industry stakeholders will be watching closely as the comment period progresses—hoping the ongoing delays are merely part of a long, but ultimately positive, path toward crypto ETF approval.
This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
