WisdomTree

SEC pushes WisdomTree XRP ETF date

The SEC announced its decision to postpone issuing an approval or rejection of the WisdomTree XRP Fund on Aug. 25.

As noted in the SEC filing, the new deadline for a decision is October 24, 2025.

The SEC officially began reviewing the WisdomTree XRP Trust, which hit the market as the first filing for a U.S. spot XRP ETF, in May.

While the law allows the regulator up to 240 days to either approve or reject an application, the SEC has initiated efforts aimed at significantly cutting this timeline. So far, the securities watchdog pegs its process on the guidelines in the U.S. securities laws.

The delay comes a few days after several XRP ETF issuers updated their filings, with Bloomberg ETF expert James Sayffert terming the move a “good sign.”

What does it mean for XRP?

The XRP spot ETF is one of the most anticipated crypto spot funds in the market.

As a top altcoin, the Ripple cryptocurrency boasts one of the biggest and most ardent communities in the space.

The XRP Army, as it is known, may therefore witness some sentiment dip amid this announcement. Analysts note a potential injection of volatility in XRP prices, with this short-term movement building fresh momentum into the final decision.

This outlook is down to the SEC’s move not being a final verdict on the WisdomTree XRP ETF, but a postponement, as the regulator takes time to have a better look at the filing.

The U.S. Securities and Exchange Commission has delayed its decision on the WisdomTree XRP exchange-traded fund, and has now moved the deadline to October 24, 2025.

The application was filed by Cboe BZX Exchange, which asked for a rule change that would allow it to list and trade shares of the WisdomTree XRP ETF.

This decision means the SEC has now postponed rulings on all pending spot XRP ETFs except Franklin Templeton’s, according to the filing. Franklin Templeton’s fund faces its third deadline next month, while its final deadline is expected in November. The SEC said it needed more time to carefully review the applications before making a final call.

The first major deadline is October 18, when the Commission must either approve or reject Grayscale’s XRP ETF filing. Other XRP ETF filings have deadlines following quickly after Grayscale’s.

Analyst Predict 95% Chance of Approval

Bloomberg analysts Eric Balchunas and James Seyffart said there is a “95% chance” that the SEC will approve these XRP ETFs this year. Both also explained that the SEC might approve them all together, just as it did with Bitcoin and Ethereum ETFs earlier.

Ahead of these deadlines, all XRP ETF issuers have updated their S-1 filings. Grayscale even submitted a new registration statement for its planned XRP Trust ETF. James Seyffart said these changes were “almost certainly due to feedback from the SEC,” calling it a good sign even though it was widely expected.

Bunch of XRP ETF filings being updated by issuers today. Almost certainly due to feedback from SEC. Good sign, but also mostly expected pic.twitter.com/GiSL1kc6lt
— James Seyffart (@JSeyff) August 22, 2025

The SEC explained that extensions like this are normal in the process of reviewing digital asset funds. The Commission said delays help it properly study market risks, and other issues before making a decision.

The SEC also gave updates on other crypto-related filings. It asked for comments on Canary Capital’s staked TRX ETF and extended its review of Canary’s PENGU ETF, which is tied to meme coins like Dogecoin.

Canary further filed for an “American-made Crypto ETF” to give investors exposure to cryptocurrencies linked to the U.S. by their creation, minting, or operations. XRP fits into this category, so it could be included in the new fund.

Also Read: Global Exchanges Warn Tokenised Stocks Could Threaten Market Trust

Source link

SEC delays decision on WisdomTree ETF

SEC pushes WisdomTree XRP ETF date

What does it mean for XRP?

SEC Delays WisdomTree XRP ETF Decision to October 2025

Analyst Predict 95% Chance of Approval