SEC Delays XRP ETF Decisions: What It Means for the Future of XRP

The U.S. Securities and Exchange Commission (SEC) has postponed decisions on multiple XRP exchange-traded fund (ETF) applications, including those from 21Shares and CoinShares, until late October 2025. This move has sparked reactions from the XRP community, with some investors viewing the delay as a buying opportunity rather than a setback.¹

New Deadlines for XRP ETF Applications

- *21Shares Core XRP Trust*: The SEC has set a new deadline of October 19, 2025, for its decision on the 21Shares Core XRP Trust, which would trade on the Cboe BZX Exchange if approved.

- *CoinShares XRP ETF*: CoinShares' XRP ETF application, targeting a Nasdaq listing, now faces a decision deadline of October 23, 2025.²

Speculation on the Reason for the Delay

Some analysts believe the SEC's delay is a calculated move to allow for further analysis and public feedback, rather than a genuine roadblock to approval. X Finance Bull, a crypto analyst, suggests that the SEC is using this tactic to cause XRP's price to drop, allowing insiders to buy the dip before the approval drives the digital asset's price higher.³

Market Reaction and Future Outlook

Despite the delay, XRP supporters remain bullish on the digital asset's prospects. With Bloomberg analysts predicting a 95% chance of XRP ETF approval, many investors see the delay as a prime opportunity to accumulate tokens before a potential price surge. X Finance Bull has set a bold target of $1000 for XRP, reflecting extreme bullish sentiment.

Current Market Performance

XRP is currently trading at $3.02, with a 2.42% increase in the last 24 hours. The market cap stands at $176.32 billion, indicating a strong presence in the cryptocurrency market.⁴

Implications for the Crypto Industry

The SEC's decision on XRP ETFs could have broader implications for the crypto industry, potentially influencing the approval prospects of other alternative cryptocurrencies. As the October deadlines approach, the crypto community will be closely watching for any signs of a more definitive verdict.⁵