SEC Extends Decision Deadline on XRP ETFs and Trusts to October 2025

The U.S. Securities and Exchange Commission (SEC) has extended the timeline for its decisions on Bitwise, Coinshares, Grayscale, and Canary’s proposed XRP exchange-traded funds (ETFs) and trusts. The new deadline is set for October 2025. This decision comes after a period of anticipation surrounding these applications for approval. The SEC has been scrutinizing applications for XRP-related products for several years, including those from Ripple, Grayscale, and Canary, leading to delays and uncertainty in the crypto market. The SEC’s delayed decisions have often been viewed as a tactic to leverage potential market gains before approvals are finalized. .