Quick overview

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XRP supporters had hoped for the approval of Franklin Templeton’s XRP ETF by mid-September at the latest.

However, recent court documents indicate a different timeline. The U.S. Securities and Exchange Commission (SEC) has stated that more time is needed for a thorough review of this Ripple-based Spot ETF product. This reflects the SEC’s overall trend this year, as many altcoin-based ETFs have been postponed until October or November 2025. With an additional sixty days for review, the earliest approval date is now set for November 14, 2025.

Litecoin (LTC), a notable competitor, expressed sympathy for the XRP community. Litecoin’s mascot, Lester, commented on X, “I’m sure delays are inevitable with their type of product offering, but brighter days lie ahead! Chin up and keep up the good fight for the entire space!” 

Ripple (XRP) contiRipple (XRP) continues to be a leading digital asset in the market. Recently, the company settled with the SEC for $50 million, paving the way for clearer regulations in the crypto space. After applying for a banking license, Ripple aims to establish its RLUSD stablecoin as a fully fiat-compatible digital asset. Furthermore, U.S. exchanges like Gemini are actively promoting XRP through a MasterCard campaign that offers up to 4 percent cashback in XRP. Earlier this year, this popular remittance altcoin was selected for the Strategic Crypto Reserve in the United States.

Regarding the ETF process, we anticipate no significant rejections from Paul Atkins, the new SEC Chair. Bloomberg’s leading ETF analysts estimate a 95 percent likelihood that a Ripple-based Spot ETF will be approved by the end of the year.