SEC Delays WisdomTree XRP Spot ETF Ruling to October 2025
The U.S. Securities and Exchange Commission (SEC) has again postponed its decision on WisdomTree’s XRP Spot ETF, extending the deadline to October 24, 2025. This marks the second delay since the May filing. Under U.S. law, spot ETF applications can undergo up to 240 days of review, though regulators aim to speed up approvals. Industry expert James Seyffert sees the delay as a sign of a thorough regulatory review rather than rejection. The ongoing SEC vs. Ripple lawsuit, market manipulation concerns and custody arrangements continue to complicate the process. XRP held near $2.96 after the announcement. Traders should expect short-term volatility and shifting liquidity. Previous delays for Bitcoin and Ethereum spot ETFs preceded eventual approvals. A green light for the XRP Spot ETF could drive institutional adoption and boost XRP liquidity.
Neutral
The second delay for the XRP Spot ETF may trigger short-term price swings as traders react to extended regulatory uncertainty. However, the absence of a rejection and expert views suggesting a thorough review support the possibility of eventual approval. Historically, similar pauses for Bitcoin and Ethereum ETFs have preceded positive verdicts and institutional inflows. Over the long term, a green light would likely lift XRP liquidity and adoption. Therefore, the overall market impact is neutral: bearish risk from immediate volatility balanced by bullish potential from eventual ETF approval.