The US Securities and Exchange Commission (SEC) has once again postponed its decision on applications for spot XRP exchange-traded funds (ETFs), extending the wait for a potential regulatory green light. With 15 such filings pending review, experts anticipate Ripple will secure its own spot ETF by the end of 2023, despite this latest delay. The SEC’s most recent update is concerning specifically the Franklin XRP ETF, which was first submitted in March and has faced several extensions since. Originally set to make a final decision in September, the agency now extends the review period for an additional 60 days, bringing the new deadline to November 14, 2025. This delay further pushes back the potential approval of other XRP ETFs, which have deadlines of October this year.