SEC Commissioner Crenshaw Clarifies XRP ETF Delays as Procedural, Not Rejection

U.S. SEC Commissioner Caroline A. Crenshaw has addressed the growing frustration among investors regarding the repeated delays in approving spot-based crypto ETFs, including those tied to XRP. In a recent interview on *The David Lin Report*, Crenshaw emphasized that these delays are procedural and should not be interpreted as a rejection of the applications. One notable example is Franklin Templeton's spot XRP ETF filing in June 2025, which has yet to receive a definitive decision from the SEC. Crenshaw's comments aim to reassure the market that the regulatory process is ongoing, though no specific timeline for approvals was provided. This development comes amid heightened anticipation for XRP-related financial products, which could significantly impact the cryptocurrency's adoption and price trajectory. As of August 2025, the XRP community remains hopeful for a breakthrough in ETF approvals, which could pave the way for broader institutional investment.

SEC Commissioner Addresses Delays in XRP ETF Approvals

U.S. SEC Commissioner Caroline A. Crenshaw has clarified that repeated delays in reviewing spot-based crypto ETFs, including those tied to XRP, are procedural rather than indicative of rejection. Investors have grown increasingly frustrated as the SEC postpones decisions on multiple filings, such as Franklin Templeton's spot XRP ETF application in June.

Crenshaw acknowledged these concerns during an interview on The David Lin Report, emphasizing the SEC's deliberate, rules-based approach. "The process ensures thorough evaluation, not speed," she noted. The commissioner confirmed that the agency continues to review numerous altcoin ETF and exchange-traded product applications, though no timeline was provided.

Crypto Executive Warns XRP Holders: Token Count Alone Won't Ensure Wealth

Jake Claver, Managing Director at Digital Ascension Group, issued a stark reminder to the XRP community: accumulating tokens without an exit strategy is a recipe for financial failure. Despite growing calls from influencers to hoard 10,000 to 50,000 XRP tokens, Claver contends that preparation—not arbitrary targets—determines success in volatile crypto markets.

The warning comes as XRP's value fluctuates dramatically. A 1 million XRP stash currently valued at $3 million was worth just $500,000 eight months ago. While some analysts speculate about $1,000 price targets that WOULD create billion-dollar portfolios, Claver emphasizes that emotional trading and poor planning can obliterate even the most promising positions.

Speculation Mounts Over SEC Dropping Ripple Appeal Ahead of Closed-Door Meeting

Rumors are swirling in the XRP community that the U.S. Securities and Exchange Commission may imminently withdraw its appeal against Ripple. The speculation gained traction after community figure Abdullah Nassif cited an unconfirmed report suggesting the SEC could announce the decision as early as July 17, 2025.

The timing coincides with a scheduled closed-door meeting at SEC headquarters, where commissioners will discuss settlement of injunctive actions and litigation resolutions. Historical precedent shows the regulator often makes significant enforcement decisions following such confidential gatherings.

Market participants are closely watching for potential Ripple effects across crypto markets, particularly for XRP, which could see heightened volatility depending on the SEC's action. The meeting agenda specifically mentions enforcement proceedings, fueling anticipation of a resolution in the long-running legal battle.

XRP Holders Warned Against Premature Selling as Bull Run Gains Momentum

XRP is approaching a critical breakout, with crypto analysts urging investors to avoid repeating past mistakes. The token briefly surpassed $3 this week after months of stagnation, fueled by bullish developments including the resolution of Ripple's SEC lawsuit and the introduction of XRP futures ETFs. At press time, XRP trades at $2.92, but market observers anticipate significant upside ahead.

Abdullah Nassif, host of the Good Morning Crypto podcast, emphasized that long-term holders should prepare for substantial gains. "This is just the beginning," he said, citing institutional interest and trillion-dollar inflows through tokenization as key drivers. A guest on the show cautioned against selling during price spikes, advising instead to collateralize holdings and secure them in cold storage or private trusts.

Analyst Identifies $3.65 as Key Level for XRP to Reach $12-$23

Market analyst EGRAG Crypto has pinpointed $3.65 as the critical "Valhalla gate key" that could propel XRP into a two-digit price range of $12 to $23. The assessment is based on a monthly chart analysis tracking XRP's historical cycle tops and mid-cycle tops relative to the 9-period SMA.

XRP's price behavior shows distinct patterns across market cycles. During Cycle 1 (2013-2014), the asset first peaked at $0.0614 before correcting, then formed a mid-cycle top of $0.0280 after bouncing off the 9 SMA. Cycle 2 (2017-2018) saw a mid-cycle top at $0.3988, followed by a six-month consolidation into a bullish pennant before surging to its all-time high of $3.80.

The 2021 bull run produced a mid-cycle top at $1.96, though EGRAG considers this part of an extended cycle rather than a new phase. Current analysis suggests the $3.65 level may serve as the launchpad for XRP's next major price discovery phase.

Resurfaced McCaleb Interview Reignites Debate on XRP's Centralization and Utility

Jed McCaleb's 2018 CNBC interview has resurfaced, sparking renewed scrutiny of Ripple's governance model and XRP's role in payments. The stellar co-founder criticized Ripple's centralized validator structure while advocating for open networks during his departure.

Community questions focus on Ripple's escrow releases, validator control, and XRP's utility beyond institutional use. The debate highlights ongoing tensions between enterprise blockchain solutions and decentralized philosophies in the crypto space.