CoinShares’ XRP ETF filing now enters a 240-day SEC review period ending around late October.
The SEC’s delay aligns with historical patterns, not indicating an early approval or rejection.
Volatility Shares’ recent XRP futures ETF debut reflects increasing demand for XRP-related products.
The U.S. Securities and Exchange Commission has delayed its decision on CoinShares’ proposed spot XRP exchange-traded fund. Jersey-based CoinShares filled out and sent its initial S-1 registration in January. The company’s application with the Nasdaq on February 7 brought about the official review process.
When the SEC officially stated its position, the review period of 240 days began. The fact that the SEC delayed processing doesn’t mean there is a problem, as this is their standard method for looking into all ETF proposals. In the past, the agency has always used the entire review period to make a final decision, despite market changes and changes among government officials.
The final decision is expected during the fourth quarter of 2025.
The extended review is now required for the proposal as well as for similar filings. Unless an unanticipated event occurs, we do not expect final decisions for these filings until late October. There is still a chance for approval before then, but most sources believe it will come in the middle or late fourth quarter.
CoinShares is not the only firm exploring XRP-based investment vehicles. Volatility Shares launched a futures-based XRP ETF earlier this week. The move indicates a growing appetite for XRP-linked financial products, as market participants look for new ways to gain exposure to the asset.
Polymarket Users Predict Approval Later This Year
Market sentiment continues to show optimism. Users of Polymarket, a leading prediction platform in the crypto space, overwhelmingly expect the SEC to approve spot XRP ETFs in 2025. This sentiment reflects the growing confidence in regulatory progress under the current administration.
Despite the delay, the path forward for XRP ETFs remains active. The SEC’s decision on CoinShares’ application is now tied to the regulatory calendar, with late October being the expected window for final rulings. Until then, the XRP market continues to respond to incremental developments and investor anticipation.
The post XRP Spot ETF Review Pushed Back as SEC Extends Decision Period appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
