Ripple’s XRP Spot ETF Misses Review Deadline; Uncertainty Persists

Ripple’s XRP spot exchange-traded fund (ETF) has missed another crucial regulatory review deadline in the U.S., adding to the prolonged process of approval. As of October 27, 2025, the SEC remains silent on any official rejection of the ETF application, leaving stakeholders in a state of uncertainty. While no formal statements have been issued by Ripple or the SEC, the delay continues to impact institutional interest in XRP. The industry awaits further developments as the review period extends until November 14, 2025, creating continued regulatory uncertainty.