The U.S. Securities and Exchange Commission (SEC) has postponed its decision on multiple XRP ETF applications, keeping investors waiting for approval. Other altcoin ETFs, including Solana and Litecoin proposals, are also experiencing delays. Despite this, analysts and market participants remain optimistic about the future of XRP ETFs.
SEC Extends XRP ETF Review
On August 18, filings revealed that the SEC extended its review period for XRP ETF applications from issuers such as CoinShares, 21Shares, Canary Capital, and Grayscale. This comes after a similar delay in May, when the commission sought additional time to consider the proposals.
The new review period adds 60 days, with deadlines now set between October 18 and 23. One filing stated:
“Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, designates October 19, 2025, as the date by which the Commission shall either approve or disapprove the proposed rule change.”
These delays are part of a broader trend affecting several altcoin ETFs, including Solana and Litecoin. While the postponements do not signal outright rejection, they extend uncertainty around the launch of these products.
Is XRP ETF Approval Likely?
Many industry analysts remain confident about a green light for XRP ETFs. Experts from Bloomberg, James Seyffart and Eric Balchunas, estimate a 95% chance of approval, citing regulatory progress and recent developments.
The resolution of the long-running Ripple vs. SEC dispute has improved clarity, removing potential obstacles that previously clouded the approval process. Polymarket also shows bullish sentiment, with odds for approval before year-end at 77%, reflecting strong market confidence despite delays.
Meanwhile, speculation that major ETF issuers like BlackRock might enter the XRP ETF race has been dismissed. BlackRock has reportedly stated it has no plans to file at this time, despite earlier suggestions from ETF industry insiders.
Outlook
Although the SEC continues its review, the outlook for XRP ETF approval remains positive. Investors and analysts expect a potential regulatory greenlight later this year, which could open the door for wider adoption and trading of XRP-based ETFs.
