#XRP investors were caught off guard after the U.S. SEC pushed back its final decision on two XRP ETF applications until late October.
According to X Finance Bull (@Xfinancebull), both 21Shares and CoinShares will now face longer waits as the regulator continues reviewing their filings.
✨ Fresh #XRP ETF Delays
CoinShares: Applied in February for a Nasdaq listing. SEC’s final ruling now set for October 23.
21Shares: Filed for its Core XRP Trust to trade on Cboe BZX Exchange. SEC’s new deadline: October 19.
The XRP community didn’t take the news lightly. But X Finance Bull sees this as a strategic delay—not rejection.
✨ Why the Delay? Speculation Runs High
X Finance Bull claims the SEC is simply buying time. His view: the regulator knows XRP ETFs can’t be stopped, so it’s dragging out the process to shake weak hands, drive the price lower, and allow insiders to accumulate before the inevitable surge.
Back in June, Bloomberg placed the odds of an XRP ETF approval at 95%, fueling optimism that greenlighting is a matter of when, not if. Many supporters now believe this dip is a golden buying opportunity.
✨ XRP Bulls Stay Confident
X Finance Bull even threw out a bold $1000 XRP target, calling the dip a gift. XRP is currently trading at $3.06, down 1.33% on the day. He confirmed plans to buy more tokens while others in the community echoed his strategy.
For many, the SEC’s delay isn’t a setback—it’s the last accumulation window before #XRP ETFs officially launch and send prices soaring. 🚀
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