SEC issues new date for spot XRP ETF decision

April 30, 2025--SEC delays decision on Franklin Templeton's XRP spot ETF to June 17, 2025, for further review and public input.
Analysts say the delay is procedural, similar to earlier Bitcoin and Ethereum ETF timelines.
U.S. approval could boost institutional interest in XRP, which remains below $3.

The United States Securities and Exchange Commission (SEC) has extended its timeline for ruling on Franklin Templeton's proposed spot XRP exchange-traded fund (ETF).

The new decision date has been set for June 17, 2025, for the application submitted by the Cboe BZX Exchange on March 13, 2025, as confirmed in a regulatory filing on April 29.

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Source: finbold.com