Ex-Fox Business journalist Eleanor Terrett has provided additional context surrounding the U.S. Securities and Exchange Commission’s (SEC) latest delay in deciding on the Franklin Templeton XRP Trust, a proposed spot exchange-traded fund (ETF) tracking the price of XRP. On April 29, 2025, the SEC formally extended its review period, establishing June 17, 2025, as the new deadline to either approve, disapprove, or initiate further proceedings. The ETF application, submitted by Franklin Templeton, would allow public trading of XRP through an exchange-traded product. The SEC’s regulatory notice stated its legal basis for the extension under the Securities Exchange Act of 1934. Seyffart Projects Final Decision in October Following the announcement, Terrett posted new information from Bloomberg Intelligence analyst James Seyffart. According to Seyffart, the June deadline is not expected to be the final determination point. He stated that most crypto-related ETPs, including the Franklin XRP Trust, will likely receive final decisions in the fourth quarter of 2025. He identified mid-October, around October 18, as a likely final deadline for the SEC’s ruling on the XRP ETF. Some more detail after speaking with ETF guru @JSeyff just now: These dates are all intermediate and we will likely see final decisions on a lot of the crypto ETPs in Q4. For the $XRP spot ETF, James is eyeing mid-October, around the 18th, as a final decision deadline. It’s… https://t.co/6FDIayFpHS — Eleanor Terrett (@EleanorTerrett) April 29, 2025 We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Decision Timing May Depend on SEC Engagement Seyffart also noted that while the Commission could use the full amount of time allotted by law, it may choose to act sooner depending on how actively it engages with the ETF sponsor, Franklin Templeton. Increased engagement could indicate a more accelerated path to resolution, though the agency has historically taken the full review period in prior cryptocurrency ETF cases. Terrett’s tweet reflected this view, clarifying that the timeline remains flexible depending on regulatory developments. XRP ETF Decision Part of Broader Regulatory Outlook Terrett’s report connects the XRP ETF decision to broader trends in the SEC’s handling of digital asset products. After approving several spot Bitcoin ETFs earlier in 2024, the Commission has received numerous filings for other cryptocurrency-based ETFs . The Franklin XRP Trust is among the most closely watched applications. According to Seyffart, final decisions on multiple crypto ETPs may converge in the fourth quarter, marking a key phase in the SEC’s evolving stance on digital assets in traditional financial products. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post New Date For SEC’s Franklin Templeton XRP ETF Decision appeared first on Times Tabloid .
