SEC Delays Ruling on Franklin Templeton XRP ETF 🚨
SEC pushes decision on Franklin Templeton spot XRP ETF to July 22, opening a comment period. Major delay sparks fresh debate.
- SEC delays decision on Franklin Templeton’s XRP ETF.
- Public comment period now open.
- New deadline set for July 22, 2025.
What’s the Update on Franklin Templeton’s XRP ETF?
The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision on Franklin Templeton’s proposal for a spot XRP exchange-traded fund (ETF). The original deadline has been postponed, and the SEC is now soliciting public comments before making a final ruling.
Why the Delay Matters
Delaying major decisions, especially for digital asset ETFs, is a common SEC practice. These delays allow the agency to gather more data, consider regulatory implications, and assess public feedback. Investors and industry watchers see this as an opportunity to influence the outcome through submitted comments.
What Happens Next
The SEC has set the new decision deadline for July 22, 2025. During this window, stakeholders—including retail investors, industry bodies, and advocacy groups—can submit their opinions and research. The final decision will likely reflect the volume and substance of these comments.
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