XRP’s Path to Spot ETF Approval: Analyzing the SEC Delay and Market Implications

The U.S. SEC has delayed its decision on Franklin Templeton’s spot XRP ETF to June 2025, sparking discussions about the future of XRP in institutional markets. Despite the postponement, the recent approval of an XRP futures ETF hints at growing regulatory acceptance. This article explores the implications of the delay, XRP’s price trends, and what investors can expect next.

U.S. SEC Delays Decision-Making on Franklin Templeton’s Spot XRP ETF: What Next?

The U.S. Securities and Exchange Commission has postponed its decision on Franklin Templeton’s proposed spot XRP ETF, pushing the next review date to June 17, 2025. This delay follows the recent approval of an XRP futures ETF, which market analysts interpret as a positive signal for eventual spot ETF approval.

XRP’s price action reflects growing institutional interest, with technical indicators suggesting a bullish trajectory toward $3. The SEC’s cautious approach contrasts with increasing demand for crypto investment vehicles, creating a tension between regulatory scrutiny and market momentum.

When Will the XRP ETF Be Approved?

The approval timeline for a spot XRP ETF is becoming clearer, with mid-October emerging as a critical window. ETF expert James Seyffart suggests October 18th as a likely deadline for a final decision. This aligns with broader expectations for crypto ETP approvals in Q4.

Market participants are closely watching regulatory developments, as an XRP ETF could significantly impact liquidity and institutional adoption. The asset’s unique legal clarity following Ripple’s partial victory against the SEC adds weight to its ETF prospects.

XRP Price Prediction: Bullish Momentum Targets $3 Breakout Amid Market Stability and ETF Speculation

XRP is trading NEAR $2.28, rebounding from a monthly low of $1.61, as renewed bullish sentiment fuels speculation of a breakout. A decisive move above $2.40 could pave the way for a rally toward $3.00, with technical indicators hinting at a potential trend reversal within the current descending channel.

The 50-day and 100-day Exponential Moving Averages at $2.20 and $2.22, respectively, have provided robust support, while the 200-day EMA at $1.98 reinforces long-term bullish signals. However, the Relative Strength Index (RSI) presents mixed signals, leaving traders cautiously optimistic.

Chart analysis suggests XRP may be completing Wave C, with the 1.62 Fibonacci level serving as a critical support zone. Market stability and growing ETF speculation are driving momentum, though the path forward remains nuanced.

SEC Delays Decision on Franklin Templeton’s XRP ETF, Extending Review Period

The U.S. Securities and Exchange Commission has deferred its ruling on Franklin Templeton’s proposed spot XRP ETF, pushing the deadline to June 17. The $1.5 trillion asset manager filed the application in March, triggering a standard SEC review process that now requires additional analysis.

Market participants view the delay as a cautious regulatory approach rather than outright rejection. XRP’s price remained stable following the announcement, suggesting investors anticipate eventual approval. The SEC’s decision timeline mirrors its methodical evaluation of other crypto ETFs, including Bitcoin and ether products.