BREAKING: SEC Delays Franklin’s Spot $XRP ETF Decision The
Bitt_Belle
Updated at: 24 days ago
{"content":"BREAKING: SEC Delays Franklin’s Spot $XRP ETF Decision
The U.S. Securities and Exchange Commission (SEC) has decided to postpone its decision on whether or not to approve the spot XRP ETF proposed by Franklin Templeton, a major investment firm.
What does this mean?
. Spot ETF: A spot ETF would let investors gain exposure to XRP (a cryptocurrency) through traditional stock markets, without having to actually buy and hold the crypto themselves.
. Franklin Templeton: This is a big investment company that wants to launch this ETF to help more traditional investors access XRP safely and easily.
. SEC Delay: The SEC is responsible for approving or denying such financial products in the U.S. It often takes extra time to review applications. A delay means they haven’t said yes or no yet—they just need more time to decide.
Why is it important?
. An approval could boost mainstream adoption of XRP.
. A delay shows the SEC is still being cautious with crypto-related investments, especially spot ETFs.
. Investors are watching closely because approval of any spot crypto ETF often brings more attention and potentially higher prices to the underlying crypto.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025042025/04/30/6bc34f1cef3146adb83d49ed0a94a1f7.jpg","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025042025/04/30/331c313b2ad644da89dc3470546b1e70.jpg"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}