#AltcoinETFsPostponed The American Securities and Exchange Commission has postponed its decision regarding the spot ETF application for XRP from Franklin Templeton, setting a new review deadline for June 17, 2025. The ETF, officially known as the Franklin XRP Fund, was filed through the Cboe BZX exchange and initially entered the Federal Register on March 19.

The SEC was expected to issue its ruling by May 3, but cited the need for additional time to assess the proposed regulatory change and address the regulatory issues raised in the application.

Franklin Templeton, which manages assets worth over $1.5 trillion, is the largest asset manager to date seeking approval for a spot-listed XRP product.