SEC Delays Decisions on XRP and DOGE ETFs

The SEC will need a few more months before deciding on the current batch of spot ETF submissions.

The SEC has postponed its decision on the Franklin Templeton-linked spot XRP ETF until June 17, 2025, as per a new notice. Eleanor Terrett reported that on April 29, 2025, the SEC stated it needed more time to review Franklin Templeton’s proposed spot XRP ETF, known as the Franklin XRP Fund.

The financial watchdog has extended the review period by 45 days, delaying the decision to June 17, 2025. This extension is standard practice, and although an additional 45 days were added, the SEC can lengthen reviews by up to 240 days from the initial Federal Register publication. Consequently, more delays could impact impatient speculators.

Originally filed on March 13 and published on March 19, the ETF aims to track XRP’s spot price, with assets held by Coinbase Custody if approved.