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The long process of the US Securities and Exchange Commission (SEC) against Ripple Labs may be near the end. According to information released on Thursday (13) on X by Fox Business journalist Charles Gasparino, one of the central issues still under discussion is whether XRP can be classified as a commodity and not as a security and that is why the Ethereum case is essential for the final decision.
“ETH was clearly issued as an ICO; its characteristics in the issue were no different from XRP - both used to finance the construction of a platform. However, Ripple was sued and Ethereum was not, because ETH had become a commodity,” Gasparino said.
“ETH was clearly issued as an ICO; its characteristics in the issue were no different from XRP - both used to finance the construction of a platform. However, Ripple was sued and Ethereum was not, because ETH had become a commodity,” Gasparino said.
The Continuous Saga of Cryptocurrency ETFs with the SEC
The United States Securities and Exchange Commission (SEC) has again postponed its decision on the approval of several ETFs backed by cryptocurrencies such as XRP, Solana, Litecoin and Dogecoin. In a series of statements released on March 11, 2025, the authority indicated that it needs more time to evaluate these financial products.
According to James Seyffart, ETF analyst at Bloomberg, this postponement is not uncommon and does not harm the prospects of approval of these ETFs. “This is a standard procedure and does not change our (relatively good) chances of eventually obtaining approval,” Seyffart said.
In fact, the SEC’s cryptocurrency ETF approval process is particularly long and meticulous. Since the appointment of Paul Atkins, chosen by former President Donald Trump to preside over the authority, no confirmation of his appointment has been made. In addition, the SEC recently postponed its decision on Ether-related ETFs.$XRP $ETH $BTC
The United States Securities and Exchange Commission (SEC) has again postponed its decision on the approval of several ETFs backed by cryptocurrencies such as XRP, Solana, Litecoin and Dogecoin. In a series of statements released on March 11, 2025, the authority indicated that it needs more time to evaluate these financial products.
According to James Seyffart, ETF analyst at Bloomberg, this postponement is not uncommon and does not harm the prospects of approval of these ETFs. “This is a standard procedure and does not change our (relatively good) chances of eventually obtaining approval,” Seyffart said.
In fact, the SEC’s cryptocurrency ETF approval process is particularly long and meticulous. Since the appointment of Paul Atkins, chosen by former President Donald Trump to preside over the authority, no confirmation of his appointment has been made. In addition, the SEC recently postponed its decision on Ether-related ETFs.$XRP $ETH $BTC
XRP/USDT
SEC POSTPONES DECISION ON SOLANA, LITECOIN, DOGECOIN AND XRP ETFS!
After several postponements, the US SEC postponed the decision on cryptocurrency ETFs again. Uncertainty persists, but experts remain optimistic about imminent approval. An in-depth analysis of the implications and opportunities for investors.#Xrp🔥🔥
After several postponements, the US SEC postponed the decision on cryptocurrency ETFs again. Uncertainty persists, but experts remain optimistic about imminent approval. An in-depth analysis of the implications and opportunities for investors.#Xrp🔥🔥
FRANKLIN TEMPLETON SUBMITS REQUEST TO THE SEC FOR AN XRP ETF!
Franklin Templeton, one of the leading asset management companies, asked the SEC to create an XRP ETF. This novelty may represent a crucial moment for XRP, which is on the rise in the cryptocurrency market.
Franklin Templeton targets the market in full XRP ETF turmoil
Franklin Templeton submitted this week an application for registration for a exchange-traded fund, the "Franklin XRP ETF". The goal is to track the cash price of the XRP, deducting the fees. The assets will be held through the custody of Coinbase Custody, a recognized entity in the industry.
The shares of this ETF should be listed on Cboe BZX Exchange. However, unlike other similar products, shareholders will not be entitled to forks or airdrops of the XRP Ledger network.
A potentially long and uncertain approval process
Although the application has been submitted, it will be necessary to wait for a decision from the SEC, the American stock exchange authority. It has up to 240 days, potentially until the end of 2025, to approve or reject this request.
Franklin Templeton joins other companies such as Bitwise or 21Shares in the XRP ETF race, betting on a relaxation of crypto regulation in the United States. However, the path to final approval remains uncertain, especially in the face of the ongoing legal challenges around XRP.
A new step in the adoption of XRP?
This announcement from Franklin Templeton illustrates the growing interest in crypto-derivative products, despite regulatory turbulence. If the ETF is launched, it can promote greater accessibility of XRP for institutional and retail investors.
However, investors should remain attentive to future developments, both in regulatory terms and in the dynamics of the XRP market. As always in the volatile universe of cryptocurrencies, prudence is essential. #FranklinTempleton $XRP
Franklin Templeton, one of the leading asset management companies, asked the SEC to create an XRP ETF. This novelty may represent a crucial moment for XRP, which is on the rise in the cryptocurrency market.
Franklin Templeton targets the market in full XRP ETF turmoil
Franklin Templeton submitted this week an application for registration for a exchange-traded fund, the "Franklin XRP ETF". The goal is to track the cash price of the XRP, deducting the fees. The assets will be held through the custody of Coinbase Custody, a recognized entity in the industry.
The shares of this ETF should be listed on Cboe BZX Exchange. However, unlike other similar products, shareholders will not be entitled to forks or airdrops of the XRP Ledger network.
A potentially long and uncertain approval process
Although the application has been submitted, it will be necessary to wait for a decision from the SEC, the American stock exchange authority. It has up to 240 days, potentially until the end of 2025, to approve or reject this request.
Franklin Templeton joins other companies such as Bitwise or 21Shares in the XRP ETF race, betting on a relaxation of crypto regulation in the United States. However, the path to final approval remains uncertain, especially in the face of the ongoing legal challenges around XRP.
A new step in the adoption of XRP?
This announcement from Franklin Templeton illustrates the growing interest in crypto-derivative products, despite regulatory turbulence. If the ETF is launched, it can promote greater accessibility of XRP for institutional and retail investors.
However, investors should remain attentive to future developments, both in regulatory terms and in the dynamics of the XRP market. As always in the volatile universe of cryptocurrencies, prudence is essential. #FranklinTempleton $XRP
XRP/USDT
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