🚨#BREAKING : SEC Postpones Decision on Franklin’s Spot $XRP ETF❗❗
The U.S. Securities and Exchange Commission (SEC) has delayed its ruling on the spot XRP ETF application submitted by investment giant Franklin Templeton.
What’s Going On?
Spot ETF: This type of ETF allows investors to gain exposure to XRP through traditional markets without directly owning the cryptocurrency.
Franklin Templeton: A well-known asset management firm aiming to make XRP more accessible to traditional investors.
SEC Delay: The SEC hasn’t approved or rejected the proposal yet—it’s taking more time to evaluate the application.
Why It Matters:
If approved, the ETF could accelerate mainstream adoption of XRP.
The delay signals the SEC’s continued caution around crypto-linked financial products.
Investors are keeping a close eye, as spot ETF approvals often lead to increased visibility and potential price surges for the crypto involved.
