### **SEC Delays Decision on Spot XRP ETF until June 2025 โ What Are the Implications?**
#### **๐ Schedule Changes & Regulatory Process**
- **SEC delays decision** on **Spot XRP ETF (Franklin Templeton)** until **June 17, 2025**.
- Reason for the delay: **In-depth analysis** and **public feedback** before the final decision.
- This process is similar to **Bitcoin & Ethereum ETFs** before they were eventually approved.
#### **๐ Potential Impact if Approved**
- **The US will become the second country** (after Brazil) to have a **Spot XRP ETF**.
- **XRP prices could surge to $3+** due to incoming institutional demand.
- Currently, US investors can only gain exposure to XRP via **ETF Futures (ProShares)**.
#### **๐ XRP Performance This Week**
- **Price down ~2% (weekly)** and **5.5% (24 hours)**, now at **$2.16**.
- **Pressure factors**: Bearish market sentiment while awaiting regulatory certainty.
### **๐ Whatโs Next?**
โ **Monitor SEC developments** โ If approved, it could be a bullish catalyst.
โ **Watch macro sentiment** โ Global liquidity and Fed policy also play a role.
โ ๏ธ **Beware of short-term volatility** โ XRP may remain consolidated until there is clarity.
