The Securities and Exchange Commission (SEC) has approved ProShares XRP Futures ETFs, leading to a significant increase in XRP's price, which surged to $2.32 with a market capitalization of $135.6 billion and a trading volume increase of 172%. This approval has sparked optimism in the market, with analysts attributing a minor price recovery to the launch of XRP futures contracts by the CME Group. XRP has also shown strength, with a 1-week gain of +9.90%, and is currently trading above both its 7-day and 30-day moving averages. However, ProShares has delayed the launch of its XRP futures ETFs, and no specific launch date has been set. Business analyst J. Seyff confirmed that there is no official launch date yet for these ETFs. Meanwhile, the SEC has delayed decisions on several other crypto ETFs, including Franklin Templeton's spot Solana and XRP ETFs, Grayscale's spot Hedera ETF, and Bitwise's spot Dogecoin ETF, with final rulings expected by October. Bloomberg ETF analysts have updated their approval odds for various crypto spot ETFs, with Crypto Index, Litecoin, and Solana leading with a 90% chance of approval. Analyst James Seyffart expects a final decision on the spot XRP ETF in mid-October 2025. The delays and the anticipation of future decisions reflect the SEC's cautious approach to approving crypto-related financial products. Additionally, VanEck CEO Jan van Eck indicated at TOKEN2049 that Ethereum staking may soon be included in ETH ETFs and expressed hope for a Solana ETF approval, signaling the industry's early stage in traditional investor adoption.