XRP News Today: SEC Delays Crypto ETF Decisions Until October 2025

The U.S. Securities and Exchange Commission has pushed back its decisions on multiple cryptocurrency exchange-traded fund (ETF) applications, extending the review period to October 2025. This move adds to a growing pattern of regulatory delays that have left market participants in a state of uncertainty. The affected applications include the Truth Social Bitcoin and Ethereum ETFs, as well as a range of XRP, Litecoin, and Ethereum offerings from firms such as 21Shares, Grayscale, CoinShares, and Canary [1].

According to the SEC’s announcement, the extended timeline is necessary to allow for a more comprehensive evaluation of the proposed changes to these ETFs. The agency stated it requires adequate time to determine whether to approve or reject the rule changes [1]. The staggered deadlines for decision-making now range from October 18 to October 23, 2025, depending on the specific ETF. For instance, the Grayscale XRP Trust faces a decision on October 18, while the 21Shares Core XRP ETF is set for October 19 [1].

Industry observers have noted that the SEC’s repeated delays reflect a broader lack of clarity and consistency in its approach to crypto products. The prolonged review period is particularly evident in the case of XRP-based offerings, where both 21Shares and CoinShares now face a revised timeline for final rulings [3]. The extended scrutiny has raised concerns among market participants about the agency’s ability to provide timely feedback, which is critical for firms seeking to launch new investment products.

The delays have also impacted investor sentiment and market dynamics. Forecasting platforms have recalibrated approval probabilities based on the revised timeline. For example, the approval odds for the Litecoin ETF have dropped from 82% to 79%, while the probability for XRP ETF approval has decreased from 77.6% to 77% [1]. These shifts reflect growing uncertainty among investors, especially those who rely on institutional-grade products for exposure to digital assets.

Analysts have suggested that the SEC’s actions may contribute to market fragmentation, as firms consider alternative jurisdictions for their ETF launches. The lack of a clear regulatory framework in the U.S. contrasts with the growing interest in crypto products globally, potentially weakening the competitive position of U.S. markets [4]. The absence of detailed justifications from the SEC has further fueled speculation about the internal review process and possible legal challenges that may be influencing the decision timeline [8].

With October 2025 now serving as the focal point for potential approvals or rejections, the crypto ETF landscape remains in a holding pattern. The SEC’s final decisions are expected to have significant implications for the broader adoption of digital assets and the level of institutional interest in crypto markets [9].

Source:

[1] CoinMarketCap – [https://coinmarketcap.com/community/articles/68a419e34327791383a11561/](https://coinmarketcap.com/community/articles/68a419e34327791383a11561/)

[3] Crypto Briefing – [https://cryptobriefing.com/sec-xrp-etf-delay-decision/](https://cryptobriefing.com/sec-xrp-etf-delay-decision/)

[4] AInvest – [https://www.ainvest.com/news/xrp-news-today-sec-pushes-xrp-etf-decisions-october-2025-regulatory-delays-2508/](https://www.ainvest.com/news/xrp-news-today-sec-pushes-xrp-etf-decisions-october-2025-regulatory-delays-2508/)

[8] 99Bitcoins – [https://99bitcoins.com/news/altcoins/deja-vu-sec-kicks-solana-xrp-truth-social-crypto-etfs-into-long-grass/](https://99bitcoins.com/news/altcoins/deja-vu-sec-kicks-solana-xrp-truth-social-crypto-etfs-into-long-grass/)

[9] TheTradable – [https://thetradable.com/crypto/sec-kicks-the-can-down-the-road-on-bitcoin-etf-decision-ig--m](https://thetradable.com/crypto/sec-kicks-the-can-down-the-road-on-bitcoin-etf-decision-ig--m)