SEC Delay of Franklin XRP ETF Fuels Optimism for Ripple Investors

The U.S. Securities and Exchange Commission (SEC) has extended its review of the Franklin XRP ETF application, pushing the final decision to November 14, 2025. This delay, while initially surprising, is generating increased industry attention on the October deadline for a potential approval. Franklin Templeton’s proposed ETF, originally slated for consideration in September, was postponed due to the agency’s 180-day extension rule. Analysts attribute this move to the SEC’s cautious approach toward the crypto ETF sector, focusing on investor protection, custody issues, and surveillance procedures.