Since February, XRP supporters have been looking forward to Franklin Templeton’s XRP ETF getting approved no later than mid September. However, that’s not the case, the latest court filings suggest. Indeed, the United States Securities and Exchange Commission (SEC) explains the need for a longer time for proper evaluation of this Ripple-based Spot ETF product.
$1.6 Trillion Asset Manager Dips Toes Into XRP
This aligns with the SEC’s broader behavior pattern this year, as most altcoin-based ETF items are getting postponed to October – November, 2025. Adding another 60 days for evaluation, this gives November 14, 2025 as the nearest settlement date. After the ETF delay news hit, Litecoin (LTC), a popular competing chain, offered condolences to the XRP Army.
“I’m sure delays are inevitable with their type of product offer, but brighter days lie ahead! Chin up and keep up the good fight for the entire space!”, – declared Litecoin’s mascot Lester on X. Certainly, Ripple (XRP) has been the showpiece digital asset in the legal frontlines over the past few years, recently picking up a historical legal victory.
Ripple’s Legal Win Streak Opens Up XRP Borders
A few months ago, Ripple (XRP) settled with the SEC for $50 million, paving the way for clearer crypto regulation after 6-years of intense legal squabbles. Having applied for a banking license later on, Ripple expects to make their RLUSD stablecoin a perfect example of a compliant digital asset that can be fully interchangeable with fiat currencies.
Earlier this year, the popular remittance altcoin was hand-picked for the Strategic Crypto Reserve in the United States (USA), while American exchanges like Gemini are actively boosting XRP’s adoption via their MasterCard campaign, offering up to 4% XRP cashback.
Heading back to the ETF department, there’s no major rejections to be expected from the new SEC Chair Paul Atkins. At least, that’s what Bloomberg’s top ETF analysts believe, giving a 95% chance of a Ripple-based Spot ETF to be accepted into traditional stock markets by year-end.
On The Flipside
- The largest competitor Grayscale’s Ripple ETF will be the first one to get a decision on October 18, with Bitwise & 21Shares following the next day.
- With 11 confirmed exchange-traded fund (ETF) filings in action, Bitwise, 21Shares & Canary Capital all match Franklin Templeton’s odds of a granted ETF.
Why This Matters
Merging of traditional stock markets & crypto currencies have been an inevitable part of blockchain adoption, adding an extra layer of security for adopters & investors.
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People Also Ask:
A spot ETF tracking XRP’s price. Their $1.6T AUM signals major institutional interest, potentially driving billions in inflows if approved.
SEC extended review to November 14 for market and compliance checks. Standard procedure, not a rejection—part of the 240-day process.
XRP holds above $3 with no major sell-off. Sentiment stays bullish; Polymarket bets 90–98% on approval, eyeing $3.60–$5+.
95% per Bloomberg, equal to the likes of Grayscale/Bitwise. No clear edge—multiple ETFs may launch together by year-end.
By November 14, 2025. If approved, ETF launches on Cboe BZX (Coinbase custodian), potentially sparking $4–8B inflows.
