The SEC delays the decision on Franklin Templeton's XRP spot ETF until June 2025
IMPORTANT POINTS.
•The SEC delays the decision on Franklin Templeton's XRP spot ETF until June 17, 2025.
•The main reason is the lack of XRP futures contracts on the CME, something the SEC typically expects before approving spot ETFs.
•One possible theory suggests that the SEC may be waiting to resolve the case against Ripple before approving the ETF, to prevent a rise in the price of XRP from affecting the value of the settlement.
