XRP News Today: XRP ETF Not Rejected, SEC Clarifies XRP Delay as Procedural Move

With growing frustration in the crypto space, SEC Commissioners Caroline Crenshaw and Hester Peirce have reiterated that the delays in reviewing XRP ETF applications are procedural—not an indication of rejection.

During separate interviews, both commissioners emphasized that the SEC’s handling of XRP ETF applications is part of a structured, rule-bound process designed to ensure full regulatory compliance. Speaking on The David Lin Report, Commissioner Crenshaw acknowledged the “bureaucratic” nature of the SEC’s review process and emphasized that “a pending application should not be interpreted as a rejection.”

SEC Commissioner Caroline Crenshaw clarified that the delays in reviewing XRP ETF applications are procedural and not indicative of a rejection. Source: @MackAttackXRP via X

Her colleague, Commissioner Peirce, echoed similar sentiments, assuring the public that the SEC has not ruled out a potential XRP ETF launch. “When you see delays, you should not assume that [the SEC is] ruling it out,” Peirce stated.

The ongoing reviews include applications from several high-profile issuers such as Franklin Templeton and Bitwise. These firms are vying to introduce spot XRP ETFs—a move that many believe could significantly influence the XRP price and bring wider institutional participation in Ripple’s XRP coin.

The delays stem from the SEC’s need to perform a thorough compliance check, especially considering the evolving nature of crypto-related investment products. Commissioner Crenshaw explained that every ETF—especially those tied to digital assets—must undergo rigorous scrutiny. This includes legal reviews, market data analysis, and investor risk assessments.

“We are working through a large volume of ETF applications, including several related to cryptocurrencies,” Crenshaw stated, while also noting that the process, although slow, is in place to maintain market integrity and investor protection.

SEC Commissioner Hester Peirce outlined significant upcoming changes to U.S. crypto policy aimed at fostering regulatory clarity and innovation. Source: David Lin via YouTube

Peirce also emphasized that the SEC is learning from its past inefficiencies—such as the drawn-out approval process of Bitcoin ETFs, which spanned nearly a decade and eventually required a court ruling. “We want to avoid repeating that,” she said.

As of now, the SEC has already postponed initial decisions on several XRP ETF filings. The third decision deadline is slated for August 2025, with a final deadline expected in October. Analysts, including Bloomberg’s Eric Balchunas and James Seyffart, have suggested that approval may finally come by the October window.

The delay in launching a spot XRP ETF hasn’t stopped the SEC from greenlighting other XRP-related products. For instance, Teucrium’s futures-based XRP ETFs have already received approval, suggesting that the SEC isn’t opposed to XRP as an asset—just cautious about spot-based listings.

While the XRP price today is holding above $3.26, but remains under close observation. Market experts believe that the approval of a spot ETF could act as a catalyst for a significant upward movement in the XRP crypto price prediction. With a broader audience of institutional investors potentially entering the market, a successful ETF launch could pave the way for stronger demand.

XRP was trading at around $3.266, up 10.57% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

This speculation aligns with optimistic XRP price prediction 2025 models, many of which anticipate new highs if legal clarity and regulatory acceptance continue to improve. The Ripple vs SEC lawsuit—which has long clouded XRP’s regulatory standing—is also approaching resolution, adding another layer of anticipation for the XRP prediction.

Despite delays, both SEC commissioners have made it clear: XRP ETFs are still very much in play. The SEC is proceeding cautiously, aiming to create a more predictable, transparent pathway for crypto-based financial products.

As the regulatory landscape evolves, investors and stakeholders alike will be watching closely. Whether you’re tracking XRP news, the Ripple price, or the XRP lawsuit update today, one thing is clear—spotlight on Ripple XRP is far from fading.