SEC Extends Deadline for Franklin XRP ETF Decision to 2025

The U.S. SEC has extended its final decision deadline for Cboe BZX’s Franklin XRP ETF application to November 14, 2025, allowing more time for evaluation.

This extension signals the continuation of regulatory caution in cryptos, impacting XRP’s market perception even as it maintains stable pricing.

SEC Delays Franklin XRP ETF Verdict to 2025

SEC has extended the decision deadline for Franklin XRP ETF to November 14, 2025. This extension allows the SEC more time to assess the proposed rule changes, responding to typical procedural needs for crypto ETFs.

Ripple effects from this move appear minimal in the short term, as XRP’s price stabilized around $3. Stakeholders, while generally unsurprised, display cautious optimism due to clearer regulatory conditions.

Paul Atkins, Chair, U.S. Securities and Exchange Commission, “The Commission’s decision to extend the deliberation period aligns with our commitment to thorough evaluation of proposed rule changes.” SEC Press Release on Financial Regulations

Industry reactions remain muted; no high-profile commentary has emerged from key organization leaders like Garlinghouse or Schwartz, though some investors anticipate a positive outcome reflective of Ripple’s recent legal wins.

XRP Market Holds Steady Amid ETF Decision Delay

Did you know? This regulatory move is expected to potentially yield long-term benefits for XRP amidst evolving legal clarity.

According to CoinMarketCap, XRP is currently priced at $2.98 with a market cap of $177.83 billion. XRP’s trading volume stands at $4.33 billion, marking a drop of 26.83%. Price changes have been consistently positive over the recent 90 days, peaking with a 35.81% increase during this period.

Coincu research identifies opportunities in the gradual acceptance of ETFs linked to established cryptocurrencies. This regulatory move is expected to potentially yield long-term benefits for XRP amidst evolving legal clarity. XRP triangle pattern signals bullish.