The XRP, Litecoin, and Ethereum ETFs Will Wait Longer: The SEC Is Taking Its Time
Mar 19 Aug 2025 ▪ 4 min read
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Regulation Crypto
Is the promised broom finally gone? One might have believed that the post-Gensler era would speed things up. That the arrival of more "Trump-compatible" profiles at the SEC would unlock a wave of crypto ETF approvals. None of that. Not even the ETF from Trump's platform, Truth Social, will escape the regulatory routine. October will be decisive, but for now, the agency is playing against the clock. Investors, for their part, are losing patience.
In Summary
The SEC postpones its decision on the XRP, Litecoin, Ethereum, and Truth Social ETFs until October.
Truth Social, Trump's platform, seeks a Bitcoin-Ethereum ETF that remains blocked by regulation.
Several major players like 21Shares, Grayscale, and CoinShares are also affected by these delays.
These delays occur despite the impressive success of the Bitcoin and Ether ETFs already present in the market.
The SEC Holds Back ETFs, Despite the Changing Climate
We almost took it for granted. The Truth Social ETF, backed by Bitcoin and Ethereum, had all the cards. Institutional support, strong political brand, and a favorable regulatory context since the approval of other crypto ETFs in early 2024. However, the SEC's guillotine fell: another postponement until October 8.
In the official document, the SEC justifies itself: "The Commission considers it appropriate to designate a longer period to take action on the proposed rule change, in order to have sufficient time to examine it and the issues raised."
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