{"id":845230,"date":"2025-05-02T09:11:45","date_gmt":"2025-05-02T14:11:45","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/02\/xrp-lawsuit-news-sec-delays-xrp-etf-until-after-ripple-update\/"},"modified":"2025-05-02T09:11:45","modified_gmt":"2025-05-02T14:11:45","slug":"xrp-lawsuit-news-sec-delays-xrp-etf-until-after-ripple-update","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/02\/xrp-lawsuit-news-sec-delays-xrp-etf-until-after-ripple-update\/","title":{"rendered":"XRP Lawsuit News: SEC Delays XRP ETF Until After Ripple Update"},"content":{"rendered":"
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\"Traders<\/figure>\n<\/div>\n
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The SEC recently delayed its decision<\/a> on Franklin Templeton\u2019s proposed XRP Spot ETF, pushing the deadline to June 17th, 2025.\u00a0<\/p>\n

The agency generally waits for futures trading to begin before approving the spot ETFs, as the same pattern was followed with Bitcoin and Ethereum ETF. Other ETFs tied to Ethereum and Dogecoin were also delayed, with more delays expected in the coming week.<\/p>\n

Bill Morgan Notes A Key Detail<\/h2>\n

In reaction to this news, attorney Bill Morgan pointed out an important detail. He revealed that the SEC\u2019s decision to delay the XRP ETF approval until June 17, 2025<\/a>, comes just after the deadline for the SEC to file a status update in its appeal against Ripple.\u00a0<\/p>\n

That update is due 60 days after a court order issued on April 16, 2025. This timing shows the SEC might be waiting to see how the Ripple case progresses before making any decisions about the ETF.<\/p>\n

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Oddly, the delay of the ETF approval to 17 June 2025 is to a date that falls just after the expiry of the 60 day period by which a status report must be filed by the SEC in the SEC v Ripple appeal pursuant to the court order dated 16 April 2025. https:\/\/t.co\/Rrn0MAHwBv<\/a> pic.twitter.com\/gmVDOSg74H<\/a><\/p>\n

\u2014 bill morgan (@Belisarius2020) April 30, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

Judge Jose Cabranes told the SEC it must give an update on the Ripple case by June 15, 2025. This is just two days before the SEC will decide on an XRP ETF, which makes it seem like there could be a possible connection.\u00a0<\/p>\n

Is SEC Delaying On Purpose?<\/h2>\n

Some believe that the SEC may be delaying the XRP ETF approval on purpose, possibly waiting to finish the Ripple case first. People are unsure if it\u2019s just a coincidence or part of a strategy. This timing looks planned, and investors are watching closely.<\/p>\n

The crypto community anxiously awaits the outcome of the Ripple lawsuit. A positive outcome could boost the chances of XRP ETF approval and increase XRP\u2019s price. The SEC is expected <\/a>to make final decisions on several crypto ETFs in the Q4 this year. XRP ETFs are likely to be approved or rejected by the SEC around mid-October.\u00a0<\/p>\n

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\n Nidhi Kolhapur<\/p>\n","protected":false},"excerpt":{"rendered":"

The SEC recently delayed its decision on Franklin Templeton\u2019s proposed XRP Spot ETF, pushing the deadline to June 17th, 2025.\u00a0 The agency generally waits for futures trading to begin before approving the spot ETFs, as the same pattern was followed with Bitcoin and Ethereum ETF. Other ETFs tied to Ethereum and Dogecoin were also delayed<\/p>\n","protected":false},"author":1,"featured_media":845231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4510,318],"tags":[],"class_list":{"0":"post-845230","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-delays","8":"category-lawsuit"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/845230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=845230"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/845230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/845231"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=845230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=845230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=845230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}