The SEC has just imposed a "moderate penalty" on WisdomTree's XRP spot ETF, delaying a final decision until October 2025. Yes, the agency is playing hide-and-seek with investors again, keeping them in suspense. Meanwhile, XRP continues to hover around $2.96, as if it knows the institutional party could start at any moment... but without rushing into it.

Why all the drama? The SEC wants to make sure no one manipulates the market and that investors don't end up crying on cryptocurrency forums. WisdomTree, Grayscale, and other issuers are adjusting their proposals to avoid violating the rules.

If approved, an XRP spot ETF could open the floodgates of institutional money, causing a controlled and elegant market explosion. Meanwhile, hodlers enjoy the suspense, the price remains stable, and the SEC remains the queen of "maybe yes, maybe no." October is going to be epic.#Xrp🔥🔥