XRP News Today: SEC pushes XRP ETF decision to October 2025 amid market uncertainty

The U.S. Securities and Exchange Commission has delayed its decision on five spot XRP ETF applications until October 2025, affecting proposals from major asset managers including Grayscale, 21Shares, CoinShares, Bitwise, and Canary Capital. The SEC, under Chair Gary Gensler, has used a statutory mechanism to extend the review period, pushing back the potential decision from late 2024 to October 18–25, 2025. This extension adds regulatory uncertainty to the cryptocurrency market and has already contributed to increased volatility in XRP price movements and broader crypto trading dynamics [1].

The delay aligns with the SEC’s broader, methodical approach to evaluating crypto financial products. Gensler stated, "The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the comments received." This statement reinforces that the delay is procedural and does not indicate a stance on the merits of the applications [1].

The XRP ETF applications have been a focal point for Ripple, its legal team, and supporters, especially in the wake of the SEC v. Ripple lawsuit, which was dismissed in 2023. Ripple’s legal counsel, Bill Morgan, has noted that a positive ETF ruling could signify growing recognition of XRP as a utility token and strengthen its credibility within the traditional finance sector. Additionally, Ripple has taken another step toward integration with the broader financial system by applying for a national bank charter on July 2, 2025 [1].

Market participants are closely watching the implications of the delay. On-chain data reveals a notable 470 million XRP sell-off over two days, pushing the price below $3 and triggering concerns about further declines. Analysts warn that continued institutional liquidations and rising settlement volumes could drive the price down to $2.10. Despite these short-term risks, over 300 entities remain in accumulation mode, signaling continued long-term confidence in XRP’s utility and future adoption [3].

The Federal Reserve’s hawkish monetary policy has also contributed to XRP’s short-term volatility. The token has been trading in a narrow $0.12 range between $2.80 and $2.92, and a sustained breakdown below $2.80 could indicate renewed downward momentum. As investors monitor these levels, the broader macroeconomic environment continues to influence market sentiment ahead of the October 2025 deadline [4].

With the October 2025 decision approaching, the outcome will likely determine the future of XRP ETFs and ripple (pun intended) through the institutional investment landscape. A green light could bring broader market validation, increased liquidity, and greater participation from institutional investors, while a rejection may signal continued regulatory resistance. The result will serve as a pivotal moment for XRP and could shape the trajectory of Ripple’s integration into traditional financial systems [2].

Source:

[1] The XRP News Today: SEC Delays XRP ETF Rulings to October 2025 Adding Market Uncertainty

https://www.ainvest.com/news/xrp-news-today-sec-delays-xrp-etf-rulings-october-2025-adding-market-uncertainty-2508/

[2] The October 2025 ETF Decision: A Regulatory Inflection Point for XRP and Institutional Adoption

https://www.ainvest.com/news/october-2025-etf-decision-regulatory-inflection-point-xrp-institutional-adoption-2508/

[3] October 2025 Could Make or Break XRP as SEC Delays ETF Decisions for Five Spot Applications

https://zycrypto.com/october-2025-could-make-or-break-xrp-as-sec-delays-etf-decisions-for-five-spot-applications/

[4] XRP ETF News: XRP Traders Eye SEC Decision as Grayscale, Bitwise, and Canary Capital Amend Spot ETF Filings

https://bravenewcoin.com/insights/xrp-etf-news-xrp-traders-eye-sec-decision-as-grayscale-bitwise-and-canary-capital-amend-spot-etf-filings