The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Franklin Templeton's spot XRP ETF until June 17, 2025, citing the need for more time for evaluation. Franklin Templeton is currently the largest asset management company applying for a spot XRP ETF, joining an increasing number of institutional investors seeking approval for crypto funds. Analysts point out that such delays are standard procedure and will not affect the likelihood of final approval, similar to the cases of Bitcoin and Ethereum ETFs.