XRP News Today: SEC Begins Review of Franklin Templeton's Solana and XRP ETFs

The U.S. Securities and Exchange Commission (SEC) has begun reviewing two proposed exchange-traded funds (ETFs) linked to Solana and XRP, submitted by Franklin Templeton. The review process includes a public comment period, with a decision deadline set for July 2025. This development is significant as it marks a crucial step in the regulatory journey for these altcoin ETFs, indicating growing institutional interest in crypto-backed funds.

Franklin Templeton's move to file for these ETFs underscores the increasing institutional interest in expanding crypto-backed investment products. The asset management firm noted that their filing signals a broader trend of institutional interest in the crypto space. The public comment period, which lasts roughly 21 days for comments and 14 days for rebuttals, concludes in late July. During this time, stakeholders can submit their opinions, impacting the regulatory review.

The SEC's decision to extend the review period for Franklin Templeton's proposed spot Solana and XRP ETFs highlights the regulator's methodical approach to crypto assets. The new decision deadlines are set for October 2025 for the Solana ETF and November 2025 for the XRP ETF. This extension allows for a more thorough review and consideration of public feedback, which is crucial for the approval process.

Approval of these ETFs would likely attract significant institutional capital, similar to prior Bitcoin ETFs. This could lead to increased market speculation and activity, specifically regarding XRP and Solana assets, due to elevated approval expectations. Institutional investors are positioned to move significantly upon any positive SEC decision. The market is closely watching these developments, as the approval of these ETFs could spark a rotation of capital from Bitcoin and Ethereum into XRP and SOL, amplifying liquidity and adoption.

Market reactions indicate heightened speculative interest. On-chain data shows increased XRP network activity, signaling preparative positioning ahead of potential ETF approval. The community remains optimistic but recognizes the gradual nature of SEC processes. The agency's solicitation for public comments reflects this cautious yet crucial review phase, encouraging stakeholder engagement.

The SEC's move to solicit public input represents a key procedural milestone toward launching the first-ever U.S.-based spot XRP and Solana ETFs. With deadlines stretching to late July 2025, and legal clarifications due in mid-August, investors have a narrow but powerful window to influence and prepare for a potentially transformative shift in digital asset investment offerings. The upcoming key dates include late July 2025, when the public commentary and rebuttal period concludes, and August 15, 2025, when a status report in the Ripple v. SEC lawsuit is due. These twin events—ETF rulings and legal settlement updates—can dramatically shift XRP’s legal clarity and market positioning.

Investors are advised to join the comment phase, track legal moves, prepare strategically, and stay informed about filings from competitors and any SEC clarifications ahead of deadlines. The approval of these ETFs could set a precedent for future altcoin ETFs, influencing market dynamics and institutional interest. This development could potentially usher in an “Altcoin ETF Summer” with major inflows into XRP and SOL-backed funds, marking a pivotal moment for altcoin ETFs.