The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the proposed listing of the Franklin XRP Trust, a spot exchange-traded fund (ETF) tracking the price of XRP. The agency announced this delay on April 29th, 2025, setting June 17th, 2025, as the new deadline for either approval, disapproval, or initiating further proceedings regarding the fund. This information comes from a recent report by Eleanor Terrett, an ex-Fox Business journalist who confirmed on Twitter (@EleanorTerrett) that the SEC has extended this review period. This delay marks a significant moment in the regulatory landscape surrounding cryptocurrencies. 🚨NEW: The @SECGov has delayed making a decision on Franklin Templeton’s $XRP spot ETF until June 17.https://t.co/3EeRWBzBmg pic.twitter.com/BYfZJw5qWl — Eleanor Terrett (@EleanorTerrett) April 29, 2025