SEC delays decision on Franklin Templeton’s spot XRP ETF to June 2025
SEC has extended the review period for Franklin Templeton’s spot XRP ETF filing to June 17, 2025.
The Franklin XRP Fund is one of several crypto ETF proposals currently under review, including Ethereum, Dogecoin, and Solana ETFs.
A Bloomberg analyst recently hinted a delay is procedural and does not signal rejection, as seen with earlier Bitcoin and Ethereum ETF approvals.
XRP price dived below $2.30 within hours of the announcement, posting 3% losses on the day.
The Securities and Exchange Commission (SEC) has postponed its decision on Franklin Templeton’s spot XRP ETF, extending the review period to June 17, 2025.
