The U.S. Securities and Exchange Commission (SEC) has once again delayed its ruling on two $XRP exchange-traded fund (ETF) applications, pushing decisions into late October.
📌 According to X Finance Bull (@Xfinancebull), both 21Shares and CoinShares now face longer waiting periods as regulators conduct “further analysis” of their filings.
✨ More XRP ETF Delays
CoinShares: Filed for a Nasdaq-listed $XRP ETF back in February. The SEC now says the final determination will come on October 23.
21Shares: Its Core XRP Trust could trade on Cboe BZX Exchange. The SEC first acknowledged the filing in February but delayed it in May. The new deadline is October 19.
The news disappointed many XRP supporters—but X Finance Bull sees it differently.
✨ Why the Delay?
X Finance Bull claims this isn’t a rejection risk—but calculated timing:
The SEC cannot block $XRP
ETFs forever, but is stalling to create price dips.
He believes regulators are dragging things out so “smart money” can buy cheap XRP before the ETF approval pumps prices higher.
Bloomberg recently raised the probability of XRP ETF approval to 95%, fueling confidence that this is simply a matter of when, not if. Supporters see the delay as a prime accumulation window.
✨ Bullish Outlook
X Finance Bull even set an ultra-bullish $1,000 target for XRP.
Currently trading at $3.06 (-1.33%), he revealed plans to buy more during the dip.
Many in the community share this strategy—viewing the pullback as the last chance to load up before liftoff.
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