The post When Will SEC Approve an XRP ETF? Latest Delay Explained appeared first on Coinpedia Fintech News
Once again, the U.S. Securities and Exchange Commission (SEC) has hit the pause button on an XRP ETF proposal, this time from 21Shares. While it may sound disappointing, this delay is more routine than alarming.
In fact, it would be way towards the approval of the XRP ETF. Despite the news XRP saw a slight 2% drop in price.
It’s Not a No—It’s Just “Not Yet
The proposal from 21Shares to launch a spot XRP ETF is now delayed. But this is not a surprise. The SEC follows a long process before making decisions, and delays like this are very common.
They usually take several months—up to 240 days—to review, gather public feedback, and study market data.So far, the SEC hasn’t approved any altcoin ETF—not even for Solana. It’s still testing the waters, just like it did with Bitcoin and Ethereum before giving them the green light.
XRP Isn’t Alone in the Wa
We współpracy z: https://coinpedia.org/news/when-will-sec-approve-an-xrp-etf-latest-delay-explained/