TL;DR
- The U.S. Securities and Exchange Commission continues playing the most boring game of “How Long Can We Avoid Making a Decision?” with spot XRP ETFs.
- Despite 15 XRP ETF applications piling up like unread emails, experts optimistically predict Ripple might actually get an ETF before 2050. Or maybe this year. Maybe.
So, here’s the latest from the SEC: the Franklin XRP ETF, filed back in March, is still sitting in their inbox, patiently collecting virtual dust. The Commission decided in April that maybe, just maybe, they should actually ask for your thoughts on this thrilling proposal. You know, because what’s better than bureaucracy?
Fast forward to June, when they finally decided to kick off the whole “approve or reject” dance. They had a grace period of 180 days from March to give us an answer-deadline September 15. Spoiler alert: they missed it. And not just missed it, but asked for 60 more days, pushing the decision all the way to November 14, 2025. That’s right, folks, procrastination at its finest.
Meanwhile, XRP’s price shrugged off the drama like a cat ignoring a bath. It nudged just over $3, looking as calm as someone who knows the real action is in waiting.
And despite all this epic delay, the oracle of our times-Polymarket-still says there’s a more than 90% chance Ripple’s ETF will see the light of day this year. Optimism is alive, or we’re all just really good at denial.
For those thinking the SEC’s foot-dragging is unique to XRP, fear not. They’ve employed the same shiny tactic for BlackRock’s ETH ETF too, because why mix things up when you can just keep everyone endlessly waiting?
SEC delays decision on staking for BlackRock spot $ETH ETF $ETHA
– The Wolf Of All Streets (@scottmelker) September 10, 2025
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2025-09-10 20:34