SEC Delays Decision again on Spot XRP ETF Filings
The securities regulator has once again postponed deciding whether to accept or reject Nasdaq's proposal to list and trade CoinShares' XRP ETF
Quick overview
- The SEC has postponed its decision on Nasdaq's proposal to list CoinShares' XRP ETF until October 23, 2025.
- This extension allows the SEC more time to evaluate new public comments and the proposed rule change.
- If approved, the CoinShares XRP ETF would provide regulated exposure to Ripple's token in conventional markets.
- Ripple's token recently fell below $3 amid a market-wide correction, with analysts warning of potential further declines.
Live XRP/USD Chart
The securities regulator has once again postponed deciding whether to accept or reject Nasdaq’s proposal to list and trade CoinShares’ XRP ETF, according to the first update released minutes ago. According to the filing, the SEC has moved the final decision date to October 23, 2025, by extending the review period past the original deadline of August 24.
It clarified that this extension gives it more time to assess the new public comments it has received and the proposed rule change. Investors would have regulated exposure to Ripple’s token through conventional markets if the CoinShares XRP ETF is approved.
It would be structured under Nasdaq’s Commodity-Based Trust Shares framework. Following this announcement, rumors circulated that the SEC has also postponed a decision on two additional XRP ETF applications, submitted by Bitwise and Canary.
Ripple’s token fell below $3 earlier today, following the general market-wide correction in recent days. Even though it is currently just above it, some analysts cautioned earlier today that there is still a risk of another price collapse to as low as $2
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