🚀 $XRP ETF Decision Delay: SEC Moves the Goalpost Again — But Bulls See $1000 Incoming
The world of cryptocurrency never sleeps, and once again, XRP is at the center of attention. This week, the U.S. Securities and Exchange Commission (SEC) dropped yet another bombshell, announcing that it would delay final decisions on two separate XRP exchange-traded fund (ETF) applications until late October.
At first glance, this sounds like a setback — after all, investors have been eagerly awaiting approval of a U.S.-based XRP ETF, which could open the floodgates of institutional capital into the Ripple ecosystem. But as always, the XRP Army has a way of turning every headline into fuel for long-term bullishness.
And this time is no different.
According to crypto analyst and trader X Finance Bull (@XFinanceBull), this isn’t really about obstacles or rejection. Instead, he claims the SEC is buying time — playing a deliberate waiting game that has more to do with market psychology than legal technicalities. The theory? By stalling approval and letting XRP’s price cool, insiders and institutions get more time to buy the dip before a massive rally inevitably takes off.
With XRP now hovering near $3.06, down 1.33% from the previous day, many see this as the perfect accumulation phase. If the SEC had approved the ETFs right away, demand would’ve surged, and prices could have jumped instantly. Instead, this extension creates uncertainty, shaking out weak hands while strong holders load up.
So what’s really going on? Let’s break this down step by step.
✨ The Two Pending XRP ETF Applications
Currently, there are two XRP ETF proposals under SEC review, both from major players in the global investment scene:
CoinShares XRP ETF – Submitted in February 2025, targeting a listing on Nasdaq.
Original filing date: February 7
SEC’s updated final determination: October 23
Background: CoinShares is a London-based asset manager with a strong record of crypto investment products in Europe.
