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Coin Edition 2025-04-30 04:00:00

XRP ETF Decision Moved to June 17 as SEC Extends Franklin Templeton Timeline

XRP ETF Decision Moved to June 17 as SEC Extends Franklin Templeton Timeline

SEC delays Franklin Templeton’s spot XRP ETF decision, resetting the deadline to June 17, 2025. Franklin leads the XRP ETF race with $1.5T AUM, while several peer filings face similar extensions. XRP price remains steady at $2.30 despite regulatory delays, gaining over 6% in the past week. The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Franklin Templeton’s proposed spot XRP ETF, citing the need for additional time to evaluate the application. The extension pushes the new decision date to June 17, 2025, from the original deadline of May 3. The filing, submitted by Cboe BZX Exchange on March 13, formally entered its initial 45-day review period on March 19. The SEC’s delay follows a familiar regulatory pattern seen across previous crypto ETF proposals. Franklin Templeton Leads Institutional Push for XRP ETFs Franklin Templeton, one of the largest asset managers with over $1.5 trillion in assets under management, is at the forefront of efforts to bring XRP-based investment products to traditional markets. The firm submitted its S-1 registration to the SEC in April, signaling deeper institutional interest in crypto-ba… The post XRP ETF Decision Moved to June 17 as SEC Extends Franklin Templeton Timeline appeared first on Coin Edition .

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