SEC Delays Grayscale XRP ETF Decision

SEC Delays Decision on Grayscale’s XRP ETF Proposal to May 2025

• The SEC is reviewing Grayscale’s proposal for an XRP exchange-traded fund (ETF).
• NYSE Arca filed a proposed rule change in January to list and trade shares of the Grayscale XRP Trust.
• The initial decision date was set for April 6, following a February 20 notice publication.
• The SEC extended the review period, citing the need for more time to evaluate the proposal.
• The new deadline for a decision is May 21, 2025.

The SEC has extended its review period for Grayscale’s XRP ETF proposal, moving the decision date from April to May 21, 2025, to allow more time for evaluation.