XRP ETF News Today: SEC Postpones Decision, Yet XRP Price Jumps – What’s the Real Story?
The U.S. Securities and Exchange Commission (SEC) has once again pushed back its decision on the highly anticipated XRP Spot ETF, alongside similar delays for Solana, Litecoin, and Dogecoin ETFs. Typically, such delays trigger market uncertainty and price dips. But surprisingly, XRP price surged by 3.92% in the last 24 hours, leaving many investors wondering what’s behind this unexpected rally.
Franklin Templeton Files XRP ETF Despite SEC Delay
In a bold move, Franklin Templeton, a global asset manager overseeing $1.5 trillion, has entered the XRP ETF race. The firm has submitted an application to launch the Franklin XRP Trust, which would trade on the Cboe BZX Exchange, with Coinbase Custody as the designated custodian.
Franklin Templeton now joins a growing list9 of financial powerhouses—Grayscale, Bitwise, 21Shares, CoinShares, Canary Capital, and WisdomTree—all waiting for SEC approval on their respective XRP ETF proposals. According to Bloomberg analysts, there’s now a 65% chance of an XRP ETF approval by 2025—a significant rise in probability compared to previous expectations.
Why Is XRP Price Rising Despite the ETF Delay?
Under normal market conditions, ETF delays tend to pull crypto prices down. However, XRP has defied the trend, currently trading at $2.14, even with a 26.84% drop in trading volume and a market cap of $124.76 billion.
This bullish price movement is not new. Earlier this year, XRP followed a similar pattern—a breakout rally, a correction, then another surge—mirroring what we’re seeing now, especially following the Trump Crypto Reservenews.
Crypto experts at Coin Gabbar suggest that strong ETF demand, combined with investor speculation, is driving the recent price pump. Additionally, the latest crypto crash shook off weak holders, giving long-term investors a chance to accumulate XRP at attractive entry points.
Other Crypto ETFs Also Face SEC Delays
XRP isn’t alone in the waiting game. The SEC has also delayed rulings on:
- Grayscale’s Dogecoin, Litecoin, and Solana ETFs
- 21Shares’ Ethereum ETF featuring staking benefits
- Bitcoin and Ethereum ETFs with in-kind creation/redemption, filed by BlackRock and Fidelity
Yet, despite these delays, the regulatory tone is changing. With Gary Gensler stepping down and the Trump administration adopting a more crypto-friendly stance, optimism is on the rise. The SEC recently dropped lawsuits against major players like Coinbase, Robinhood, Gemini, and Uniswap, fueling hopes for faster ETF approvals in the near future.
What’s Next for the XRP ETF?
The SEC’s final decision deadline for the XRP ETF is expected by mid-October 2025. With big institutions like Franklin Templeton showing confidence, investors are hopeful for a positive outcome. If this wave of institutional support continues and regulatory sentiment keeps improving, XRP could be on the brink of a major breakout.
But the question remains—Will XRP soar post-ETF approval, or are we in for another market correction? One thing is certain: All eyes are now on the SEC’s next move.
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