The XRP worth is crashing following studies that the United States (US) Securities and Exchange Commission (SEC) has quickly denied functions for XRP ETFs. The postponed rulings proceed so as to add to investor uncertainty, with the regulator setting the following key dates for October 2025.
US SEC Delays XRP ETF Decision Timelines
The US SEC has as soon as once more put a pause on selections surrounding all 5 pending Spot XRP ETFs. According to statements printed on the regulator’s official web site, the fee has prolonged its overview interval for XRP ETF filings from CoinShares, Bitwise, Grayscale, 21Shares, and Canary.
The earliest revised deadline falls on October 18, 2025, for NYSE’s Arca’s Grayscale XRP Trust. Section 19 (b)(2) of the Securities Act of 1934 units a 180-day statutory overview interval. Since Grayscale filed its Federal Register discover on February 20, the preliminary deadline would have been on August 19. However, the Commission exercised its authority to increase the choice window by an extra 60 days for a extra thorough analysis.
Furthermore, the SEC is slated to decide concerning Cboe BZX’s 21Shares Core XRP Trust on October 19. The authentic 180-day overview from the February 21 discover would have ended on August 20. CoinShares’ submitting has additionally been pushed again. Nasdaq had filed the proposal on February 7, 2025, searching for approval to listing and commerce shares of the CoinShares XRP ETF.
For this ETF, the earlier 180-day window would have concluded on August 24, 2025. However, the Commission decided that further time was needed to totally assess the proposal. As a outcome, the regulatory company designated October 23, 2025, as the brand new date by which it can both approve or disapprove the XRP ETF submitting.
Other XRP ETF proposals dealing with delays embody Bitwise’s submitting at Cboe BZX, now scheduled for October 20. Meanwhile, Cboe BZX’s Canary’s XRP Trust Share overview deadline is set for October 24, intently aligning with CoinShares’ software.
XRP Price Crashes Amid ETF Delays
Following the SEC’s choice to delay XRP ETF approvals, the XRP worth skilled a pointy decline, reflecting mounting market uncertainty. CoinMarketCap’s knowledge reveals that XRP‘s worth has fallen to $2.89, on the time of writing, marking a 3.82% drop inside 24 hours and a ten.84% decline over the previous week.
Crypto analyst Ripple Van Winkle shared insights on the XRP worth crash in a latest X social media publish. He emphasised that XRP is now buying and selling under the psychological $3 assist degree, plunging 5.4% in beneath a day and recording its largest single-day loss since July. Additionally, he famous that whereas retail merchants panicked and bought, institutional buyers seized the chance to build up, buying $3.8 billion value of XRP.
Currently, technical indicators level to a symmetrical triangle formation, suggesting that XRP’s subsequent important transfer hinges on whether or not it could possibly surpass the $3.26 breakout zone to achieve $3.9. According to the market knowledgeable, failing to interrupt previous this zone may drive the cryptocurrency under $2.96. Key resistance ranges stay between $3.08 and $3.14, and until bulls reclaim this resistance vary, sellers are more likely to keep in management.
Featured picture from Getty Images, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent overview by our group of prime expertise consultants and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
