The SEC has pushed back its decision on the 21Shares Spot XRP ETF application. This continues their pattern of postponing rather than approving or rejecting cryptocurrency ETFs outright. Investors now face another waiting period before getting any clarity.
Jack The Rippler mentioned the issue on is X page that the SEC has postponed its decision on 21Shares’ Spot XRP ETF application. The SEC keeps delaying decisions on crypto ETFs. They’ve been doing this for years now. The regulator brings up the same concerns each time – market manipulation, fraud risks, and investor protection.
When good applications come in, the SEC typically asks for more information or extends the review. They did this with Bitcoin ETFs for nearly ten years before finally approving them. Now they’re using the same approach with other cryptocurrencies like XRP.
This hesitation probably comes from extreme caution and maybe even some gaps in understanding crypto markets. While the SEC deliberates, other countries move forward with clearer rules, and American investors might miss opportunities.
🚨JUST IN: The SEC has delayed the submission of the Spot #XRP ETF by 21Shares! pic.twitter.com/G0nxX6eb9x
— JackTheRippler ©️ (@RippleXrpie) May 20, 2025
What Could Be Next?
Bloomberg analyst James Seyffart notes that delays on spot cryptocurrency ETFs align with normal expectations. He points out that numerous XRP ETPs have upcoming decision dates.
According to Seyffart, early approvals from the SEC for these assets would not materialize until late June or early July at the absolute earliest. However, he considers approvals more probable during the early fourth quarter of the year.
Read Also: SEC vs. Litecoin ETF: Why the Delay and What Are the Chances?
This extended timeline reinforces the deliberate pace the SEC maintains when evaluating cryptocurrency financial products, suggesting market participants should prepare for continued waiting periods before receiving definitive regulatory decisions on XRP ETFs.
Follow us on X (Twitter) and Coinmarketcap for more real-time market updates.
The information provided on Web3parrot.com is for general informational purposes only and are opinions of the expert writers. They are not intended as financial, investment, or trading advice. Please do your own research and consult with a licensed financial advisor before making any financial decisions.
