SEC Delays on Crypto ETFs: A Closer Look at the Ripple Case and Market Impact
by aria-crypto.com
March 12, 2025 at 07:48
SEC Delays on Crypto ETFs: A Closer Look at the Ripple Case and Market Impact
The U.S. Securities and Exchange Commission (SEC) has again postponed decisions on various crypto spot ETFs, including those based on XRP, Solana, Litecoin, and Dogecoin, with a new decision deadline set for May 2025. The delay follows the SEC's ongoing review which began with Grayscale’s XRP ETF application initiating a 240-day review period. Analysts predict varying probabilities for approval, with Bloomberg estimating a 65% chance and Polymarket 72% for XRP ETFs, reflecting strong market confidence. Commentators highlight that the final decisions have been pushed to May 2025, potentially allowing for multiple simultaneous XRP ETF approvals that could simplify investor access to this cryptocurrency. Behind the scenes, the SEC's handling of Ripple’s ongoing legal challenge could be influenced by the confirmation of Paul Atkins as SEC Chair; a key development that watches closely as deadlines loom. Pro-crypto advocates suggest that resolutions to these legal challenges, coupled with ETF approvals, could foster easier investment opportunities in XRP, enhancing its legitimacy and potentially boosting its price in the short term. Despite the postponements viewed as standard procedure, the overall sentiment remains hopeful about the eventual green lighting of these ETFs, underscoring a volatile yet anticipatory atmosphere among investors regarding the future of crypto investments in the U.S. market.
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