The Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s proposed XRP spot exchange-traded fund (ETF), pushing the deadline to June 17th, 2025. This delay follows a pattern observed in the approval of Bitcoin and Ethereum ETFs, where the SEC typically waits for futures trading before approving spot ETFs. Other Ethereum and Dogecoin-linked ETFs have also been delayed, with further announcements expected within the coming week. Attorney Bill Morgan highlights a key detail: The SEC’s decision to postpone the XRP ETF until June 17th, 2025 aligns precisely with the deadline for an update on the ongoing legal battle between the SEC and Ripple Labs. This update is due 60 days after a court order issued on April 16th, 2025. The timing strongly suggests that the SEC may be deliberately delaying its decision until after the outcome of the Ripple lawsuit becomes clear. Judge Jose Cabranes ordered the SEC to submit an update on the Ripple case by June 15th, 2025, just two days before their decision on the XRP ETF. This raises concerns about whether the SEC’s delay is coincidental or part of a strategic plan. The crypto community eagerly awaits the outcome of the Ripple lawsuit, as it could significantly impact XRP ETF approval and price movement. The SEC is also expected to make final decisions on several crypto ETFs in the fourth quarter of this year. A decision on XRP ETFs is anticipated around mid-October.