SEC Delays XRP Spot ETF Decision to June 17, 2025

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s proposed XRP Spot ETF, pushing the new deadline to June 17, 2025. This move follows the agency’s pattern of waiting for futures trading before approving spot ETFs, as previously seen with Bitcoin and Ethereum.

Other crypto ETFs, including those tied to Ethereum and Dogecoin, have also seen delays recently. However, what sets the XRP delay apart is its timing in relation to the ongoing SEC vs. Ripple lawsuit.

Attorney Bill Morgan highlighted that the SEC’s XRP ETF decision comes just two days after the agency must provide a court-ordered status update in the Ripple case. That update is due on June 15, 2025, exactly 60 days after a federal court ruling dated April 16.

This timing has led some to speculate that the SEC may be deliberately postponing the ETF approval until it has more clarity on the Ripple lawsuit’s outcome. Whether it’s a coincidence or a calculated move remains uncertain, but it has sparked debate in the crypto community.

A favorable outcome in the Ripple case could strengthen XRP’s position and increase the likelihood of the ETF being approved. The SEC is also expected to issue final decisions on various crypto ETFs in Q4 2025, making the second half of the year crucial for XRP investors.