🚨 Urgent: The U.S. Securities and Exchange Commission (SEC) delays its decision on the 21Shares $XRP ETF
The U.S. Securities and Exchange Commission (SEC) announced the postponement of its decision regarding 21Shares' application to launch an ETF linked to the XRP currency. This delay comes as the agency reviews several similar applications related to digital currency ETFs, including requests from Grayscale for XRP and Dogecoin.
The agency clarified that this delay does not mean a rejection of the applications, but aims to provide more time to review the legal and policy aspects associated with these products, in addition to gathering public comments. The review period is expected to last up to 240 days, indicating that a final decision may be made by October 2025.
Despite this delay, XRP prices have not experienced significant volatility, remaining around the $2.35 level, suggesting that the market has absorbed this news without major negative impacts.
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