XRP News Today: SEC Delays Truth Social Solana XRP ETF Decisions to October 2025

The U.S. Securities and Exchange Commission (SEC) has extended its review period for several cryptocurrency ETF applications, including those from Truth Social, Solana, and XRP, pushing key decision dates to October 2025. The agency announced the extensions in notices filed on August 18, setting a new deadline of October 8 for NYSE Arca’s Truth Social Bitcoin and Ethereum ETF and October 16 for the Solana-related applications from 21Shares and Bitwise [1]. The 21Shares Core XRP Trust decision has also been postponed until October 19 [2].

These delays follow a consistent pattern in the SEC’s handling of crypto ETF applications, with the agency often utilizing the full 180-day review period under Rule 19b-4. The October timeframe has become a focal point for several upcoming decisions, suggesting a coordinated review process rather than individual evaluations [3]. The SEC also extended the decision period for the 21Shares Core XRP Trust by 60 days, granting additional time to consider public comments and assess regulatory risks [4].

Truth Social’s Bitcoin and Ethereum ETF has drawn particular attention due to its association with Donald Trump. The application proposes a fund that would directly hold Bitcoin and Ethereum, with shares issued based on these assets. The October 8 deadline marks a significant milestone for the project, as well as for the broader debate around crypto regulation and political influence [5]. While political scrutiny has been noted, the SEC’s actions appear to be driven primarily by procedural and regulatory considerations.

The delays also affect altcoin ETFs such as the CoinShares Litecoin ETF, which had an initial deadline of August 24 but has now been moved to October 23 [6]. The coordinated timeline for these decisions indicates the SEC is working toward a unified approach in evaluating different types of crypto ETFs, rather than handling each application in isolation [7].

BlackRock, the world’s largest asset manager, has not filed an XRP ETF application despite its active role in Bitcoin and Ethereum ETFs [8]. This absence highlights the ongoing complexities and risks associated with altcoin-based products and underscores the cautious approach many major players are taking in the space.

Analysts have noted that the SEC’s extended review periods and synchronized decision-making are in line with its historical treatment of crypto ETF applications [9]. The regulatory body appears to be using this process to establish clear precedents and ensure a consistent framework for the rapidly growing crypto investment market. With over a hundred crypto-related ETFs already listed globally, the October timeframe could represent a pivotal moment in the evolution of US crypto ETF offerings.

Source:

[1] Cointelegraph – https://cointelegraph.com/news/sec-pushes-back-decisions-truth-social-solana-xrp-crypto-etfs

[2] Blockonomi – https://blockonomi.com/sec-extends-review-period-for-truth-social-and-altcoin-etf-applications-to-october/

[3] Our – https://web.ourcryptotalk.com/news/us-sec-extends-review-period-for-truth-social-etfs

[4] CoinCentral – https://coincentral.com/sec-delays-crypto-etf-decisions-for-truth-social-solana-and-xrp-products/

[5] The – https://en.cryptonomist.ch/2025/08/19/sec-postpones-to-october-2025-the-decisions-on-three-key-crypto-etfs-truth-social-solana-and-xrp/

[6] Coin – https://coinedition.com/sec-delays-xrp-etf-decisions-to-october-2025-extends-reviews-for-major-issuers/

[7] Mitrade – https://www.mitrade.com/insights/news/live-news/article-3-1049501-20250819