SEC delay de ruling for WisdomTree XRP Spot ETF till October 2025
U.S. Securities and Exchange Commission (SEC) don delay again to decide about WisdomTree’s XRP Spot ETF, dem extend di deadline go October 24, 2025. Na di second delay since di filing wey dem do for May. For U.S. law, spot ETF applications fit get up to 240 days to review, but regulators dey try make dem approve am fast. Industry expert James Seyffert talk say di delay na sign say dem dey do thorough regulatory check, no be say dem wan reject am. Di SEC vs Ripple lawsuit wey still dey go on, market manipulation wahala and custody arrangement still dey make di matter hard. XRP still dey near $2.96 after di announcement. Traders suppose expect say di price go dey waka up and down, and liquidity go dey change for short term. Old delays for Bitcoin and Ethereum spot ETFs come before dem finally approve am. If dem give green light for XRP Spot ETF, e fit make institutions begin use am and e go also increase XRP liquidity.
Neutral
The second delay for XRP Spot ETF fit trigger short-term price swings as traders dey react to extended regulatory uncertainty. But since dem never reject am and expert views show say dem dey do thorough review, e fit lead to approval later. For history, similar pauses for Bitcoin and Ethereum ETFs don come before positive verdicts and institutional money flow inside. For long term, approval go likely improve XRP liquidity plus adoption. So, the overall market impact neutral: bearish risk from immediate volatility balanced by bullish potential from eventual ETF approval.