SEC Delays XRP ETF Decisions to October 2025, Extends Reviews for Major Issuers
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- Bitwise, CoinShares, Canary Capital, Grayscale, and 21Shares XRP ETFs delayed till October.
- The agency has extended the review period by 60 days for a comprehensive evaluation.
- Eight of the pending spot ETF applications could receive simultaneous decisions soon.
The Securities and Exchange Commission (SEC) has postponed decisions on multiple XRP exchange-traded fund applications until October 2025, but extended review periods for major issuers like Canary Capital, Bitwise, CoinShares, Grayscale, and 21Shares. The regulatory agency announced the delays as part of comprehensive evaluation procedures for cryptocurrency investment products.
The 21Shares Core XRP Trust faced the first extension, with its August 20 deadline pushed to October 19 following a 60-day review period. The extension gives the SEC additional time to gather public comments and assess regulatory concerns under the Securities Exchange Act of 1934.
Multiple Issuers Face Coordinated Review Timeline
The SEC has applied similar delays to Grayscale, CoinShares, and Bitwise XRP ETF filings, aligning all decisions with the October 19 deadline. Analysts expect the agency to handle these applicat…
The post SEC Delays XRP ETF Decisions to October 2025, Extends Reviews for Major Issuers appeared first on Coin Edition.
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