
Coincidence or Strategy? SEC Delays XRP ETF Until After Ripple Update
In a recent move that has raised eyebrows in the cryptocurrency space, the Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s proposed XRP Spot ETF until June 17th, 2025. The sudden delay has sparked speculation among investors as to whether this is merely a coincidence or part of a larger strategy.
The SEC’s decision follows the pattern seen with previous Bitcoin and Ethereum ETFs, which were approved only after futures trading began. Similarly, other ETFs tied to Ethereum and Dogecoin have also been delayed, leading many to speculate that there may be more to this delay than meets the eye.
A crucial observation has been made by attorney Bill Morgan, who pointed out a significant detail in his Twitter post. The SEC’s decision to delay the XRP ETF approval until June 17th coincides with the deadline for the agency to file a status update in its appeal against Ripple. This timing raises questions as to whether the SEC is waiting to see how the Ripple case progresses before making any decisions about the ETF.
A court order issued on April 16, 2025, requires the SEC to provide an update on the Ripple case by June 15, 2025. The two-day difference between this deadline and the new XRP ETF approval date has sparked concerns that there may be a connection between these events. The crypto community is now left wondering if this delay is merely a coincidence or part of a deliberate strategy.
As investors anxiously await the outcome of the Ripple lawsuit, many are questioning whether the SEC’s decision to delay the XRP ETF approval is more than just an unfortunate coincidence.
Source: https://coinpedia.org/news/coincidence-or-strategy-sec-delays-xrp-etf-until-after-ripple-update/