SEC Delays Decision on XRP Spot ETF Amid Ripple Case Developments
- The SEC has postponed its decision on Franklin Templeton’s proposed XRP spot ETF.
- XRP lawyer Bill Morgan noted the SEC commissioners have not voted to end the Ripple appeal.
- An “agreement in principle” exists between Ripple and SEC staff, but it’s not final.
- Delays also affect other crypto ETFs, including Solana and HBAR products.
- Nate Geraci expects a decision by October 2025, aligning with typical SEC timelines.
The SEC’s delay in approving Franklin Templeton’s XRP spot ETF aligns with standard regulatory procedures and affects multiple crypto ETFs. Legal experts remain optimistic about the Ripple case despite ongoing negotiations.
Source (2.6)https://coingape.com/xrp-news-lawyer-remains-optimistic-despite-ripple-etf-delay-heres-why/?rand=24432