Key Developments in XRP ETF Review
Ripple's XRP ETF decision was delayed beyond a crucial regulatory deadline on October 27, 2025, leaving stakeholders uncertain as the SEC continues its review process in the United States.
This delay raises questions about future institutional investments in Ripple, impacting XRP's market value and potentially affecting wider cryptocurrency market stability.
SEC's Extended Review and Stakeholder Positions
The decision on Ripple's XRP ETF application has faced another delay by the SEC. As of October 27, 2025, the Commission has yet to announce a formal rejection or approval, leaving the market seeking clarity.
The primary entities involved are Ripple Inc., which seeks an ETF approval, and the SEC, responsible for the evaluation process. CEO Brad Garlinghouse and CTO David Schwartz have remained silent on the matter publicly.
The Commission is extending its review of the Franklin Templeton XRP ETF application to November 2025.
Market Impact and Investor Sentiment
The latest postponement has caused Ripple's XRP price to dip towards $2.70, reflecting market uncertainty. Institutional inflows anticipated from the ETF approval remain on hold.
Broader Implications for Ripple and the Crypto Market
The failure to secure timely approval affects Ripple's position in the financial sector. With delays extending until November 2025, financial analysts point to possible positive realignment upon effective regulatory outcomes.
Ripple's leadership has refrained from issuing any commentary on the delay across social media platforms or official communication channels. The SEC’s decision to extend scrutiny impacts market speculation and trading volumes.
XRP’s market position and investor sentiment remain sensitive to regulatory reviews. The historical precedent of delays for Bitcoin and Ethereum ETFs often leads to eventual rallies but may also trigger short-term volatility and investor hesitancy.