Key Takeaways
- Digital asset knowledgeable Invoice Morgan connects XRP spot ETF delays with Ripple’s historical past with the U.S. Securities and Trade Fee(SEC)
- The unique XRP spot ETF deadlines had been October 18 and October 25, and consultants anticipate an extra 3-4 weeks of processing time after the federal government reopens.
- SEC accused Ripple of conducting an unregistered securities providing by the sale of its native XRP token in December 2020.
- The long-standing authorized battle formally led to August 2025 after each the SEC and Ripple agreed to dismiss their respective appeals.
The crypto market is stuffed with information of the newest ETF launches. Bitwise confirmed the launch of the Solana Staking ETF (BSOL) on the New York Inventory Trade earlier as we speak. Digital belongings like Litecoin and Hedera are ready for the SEC’s streamlined approval course of, and they are going to be rolled out sooner. However XRP’s story is sort of totally different; the fifth-largest cryptocurrency by market cap has been ready for a very long time now, and the SEC approval is one thing that XRP craves for and hasn’t gotten but.
Analyst Eric Balchunas posted on X on 27/10/2025 that the Trade had simply posted itemizing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR to launch the next day and Grayscale Solana to transform the day after. He assumed that until there was some last-minute SEC intervention, it seemed prefer it was taking place.
In response to the newest data, there are almost 20 pending filings. However the stunning information is that there’s nonetheless no approval for an XRP spot ETF. The extended delay from the SEC in the case of Ripple’s native cryptocurrency, whereas others transfer ahead, has raised sufficient issues amongst buyers. Digital asset knowledgeable Invoice Morgan believes that the present delay XRP faces has one thing to do with the lately ended authorized battle with the SEC over Ripple’s unregistered securities providing.
“There Are At all times Delays When It Involves XRP,” Says Invoice Morgan
Legal professional Invoice Morgan is a person who consistently displays Ripple’s authorized developments, and his newest declare is that the extended delay of the XRP spot ETF has nothing to do with the continuing U.S authorities shutdown. In an unique chat with CoinPedia, Invoice Morgan claimed that a minimum of they knew it was not due to the lockdown, given the opposite approvals that day. He acknowledged that the explanation was not but public, however there appeared to all the time be sudden delays with XRP.
He has an opinion that the sample of the SEC in the case of XRP is all the time the identical, and he additionally added that the SEC lawsuit on providing unregistered securities by XRP gross sales towards Ripple was the final one to be resolved. “The litigation itself lasted 4 and a half years,” he added.
Hedera managed to show a acquire of 15.51% within the final 24 hours solely due to its ETF launch updates. XRP, however nonetheless hovering between $2.60-$2.65, under the $3 psychological level due to the spot ETF delays. He in contrast Hedera’s acquire to XRP and concluded that the value enhance share that XRP didn’t obtain that day was as a result of no XRP spot ETF had been authorised. He added that he had a powerful feeling XRP Spot ETFs wouldn’t be subsequent and that there have been all the time delays when it got here to XRP, which was all the time held again.
The ending of the long-standing authorized dispute with the SEC helped XRP acquire greater than 9% in a single day, and the regulatory readability it obtained by the case additional pushed the token ahead. However for the time being, XRP is repeatedly buying and selling under the $3 psychological level after the October 10 crypto flash assault. Now, with the top of the lawsuit, the XRP group is anticipating the launch of a spot ETF quickly, however this hasn’t occurred but, and the regulating authority hasn’t offered any actual timeline or rationalization for this extended delay.
Additionally Learn: XRP Worth Prediction At present — Skilled Evaluation on Ripple’s Subsequent Transfer
