XRP News Today: SEC Pushes Back Multiple Crypto ETF Decisions to October 2025

The U.S. Securities and Exchange Commission has announced a delay in its decision-making process for multiple cryptocurrency ETF applications, pushing final rulings to October 2025. This move affects a range of products including XRP, Dogecoin, Litecoin, Ethereum, and Bitcoin-based funds, with key applications from 21Shares, Bitwise, and CoinShares now facing extended review timelines. The SEC’s decision to extend deadlines to October reflects its continued cautious approach to approving alternative coin ETFs amid regulatory uncertainty [1].

Among the affected ETFs is the Truth Social Bitcoin-Ethereum ETF, submitted in June and backed by Trump Media. The fund, structured as a commodity-based trust, is under close scrutiny due to concerns about potential political influence on the approval process. The final decision on this application is now set for October 8, 2025 [3]. Meanwhile, Solana-based ETFs from 21Shares and Bitwise have also been delayed, with final rulings expected on October 16. These products are considered potential milestones for the Solana ecosystem, given its recent market capitalization growth to over $80 billion [4].

XRP-related ETF applications have been pushed to October 19 and October 23, with CoinShares and 21Shares now navigating a regulatory timeline that appears increasingly predictable. The SEC has been observed to consistently extend the maximum allowable review period under 19b-4 filings before making a decision, a pattern noted by industry analysts [6]. This behavior has contributed to market uncertainty, particularly among institutional investors who are tempering their crypto allocations in anticipation of regulatory outcomes [5].

The regulatory delays also extend to Litecoin and Dogecoin ETF proposals, with October 23 marked as a key deadline. These delays highlight the ongoing regulatory challenges facing altcoin ETFs, which remain in a state of limbo as compared to the growing traction of Bitcoin and Ethereum ETFs. Last week, spot Bitcoin and Ethereum ETFs reported combined net inflows of $3.75 billion, with BlackRock’s iShares Bitcoin Trust alone managing over $87 billion in assets under management [8].

The SEC’s communication reflects a deliberate and methodical approach, stating that it "finds it appropriate to designate a longer period ... for action on the proposed rule change ... until October." The extended timeline introduces prolonged uncertainty for both ETF issuers and investors, influencing market activity and potentially triggering short-term volatility among the affected assets [7].

Industry analysts are closely monitoring the October 2025 timeline as a potential indicator of the SEC’s evolving stance on altcoin exposure. While the agency has shown a clear preference for Bitcoin and Ethereum-based products, the approval of altcoin ETFs remains uncertain. The regulatory environment continues to shape market dynamics, with stakeholders maintaining cautious optimism based on historical patterns of ETF approval following prolonged SEC reviews [9].

Source:

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

[3] AInvest – https://www.ainvest.com/news/xrp-news-today-sec-pushes-truth-social-solana-xrp-etf-decisions-october-2025-2508/

[4] 99Bitcoins – https://99bitcoins.com/news/altcoins/deja-vu-sec-kicks-solana-xrp-truth-social-crypto-etfs-into-long-grass/

[5] CoinGape – https://coingape.com/sec-delays-decision-on-xrp-etf/

[7] AInvest – https://www.ainvest.com/news/ethereum-news-today-sec-delays-crypto-etf-approvals-bitcoin-ethereum-xrp-litecoin-dogecoin-2508/

[9] CryptoSlate – https://cryptoslate.com/sec-delays-decisions-on-several-crypto-etfs-amid-work-on-streamlined-approval-process/