The XRP price is crashing following studies that america (US) Securities and Trade Fee (SEC) has quickly denied purposes for XRP ETFs. The postponed rulings proceed so as to add to investor uncertainty, with the regulator setting the following key dates for October 2025.
US SEC Delays XRP ETF Choice Timelines
The US SEC has as soon as once more put a pause on selections surrounding all 5 pending Spot XRP ETFs. In accordance with statements printed on the regulator’s official web site, the fee has prolonged its evaluation interval for XRP ETF filings from CoinShares, Bitwise, Grayscale, 21Shares, and Canary.
The earliest revised deadline falls on October 18, 2025, for NYSE’s Arca’s Grayscale XRP Trust. Part 19 (b)(2) of the Securities Act of 1934 units a 180-day statutory evaluation interval. Since Grayscale filed its Federal Register discover on February 20, the preliminary deadline would have been on August 19. Nonetheless, the Fee exercised its authority to extend the decision window by an extra 60 days for a extra thorough analysis.
Moreover, the SEC is slated to decide relating to Cboe BZX’s 21Shares Core XRP Trust on October 19. The unique 180-day evaluation from the February 21 discover would have ended on August 20. CoinShares’ submitting has additionally been pushed again. Nasdaq had filed the proposal on February 7, 2025, searching for approval to listing and commerce shares of the CoinShares XRP ETF.
For this ETF, the earlier 180-day window would have concluded on August 24, 2025. Nonetheless, the Fee decided that further time was essential to completely assess the proposal. Because of this, the regulatory company designated October 23, 2025, as the brand new date by which it should both approve or disapprove the XRP ETF submitting.
Different XRP ETF proposals going through delays embrace Bitwise’s filing at Cboe BZX, now scheduled for October 20. In the meantime, Cboe BZX’s Canary’s XRP Belief Share evaluation deadline is set for October 24, intently aligning with CoinShares’ software.
XRP Value Crashes Amid ETF Delays
Following the SEC’s choice to delay XRP ETF approvals, the XRP value skilled a pointy decline, reflecting mounting market uncertainty. CoinMarketCap’s knowledge exhibits that XRP‘s value has fallen to $2.89, on the time of writing, marking a 3.82% drop inside 24 hours and a ten.84% decline over the previous week.
Crypto analyst Ripple Van Winkle shared insights on the XRP value crash in a latest X social media publish. He emphasised that XRP is now trading below the psychological $3 support level, plunging 5.4% in beneath a day and recording its largest single-day loss since July. Moreover, he famous that whereas retail merchants panicked and bought, institutional buyers seized the chance to build up, purchasing $3.8 billion worth of XRP.
Presently, technical indicators level to a symmetrical triangle formation, suggesting that XRP’s subsequent important transfer hinges on whether or not it might probably surpass the $3.26 breakout zone to succeed in $3.9. In accordance with the market professional, failing to interrupt previous this zone might drive the cryptocurrency under $2.96. Key resistance ranges stay between $3.08 and $3.14, and until bulls reclaim this resistance vary, sellers are more likely to keep in management.
Featured picture from Getty Pictures, chart from Tradingview.com
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