The U.S. Securities and Exchange Commission (SEC) has postponed its decisions on multiple cryptocurrency exchange-traded funds (ETFs), extending the review period to October 2025. This delay affects several high-profile filings, including the Truth Social Bitcoin and Ethereum ETFs proposed by Donald Trump's media company, as well as spot ETFs for XRP, Dogecoin, Litecoin, and staked Ethereum. Asset managers impacted by the postponements include Grayscale, Bitwise, CoinShares, 21Shares, Canary Capital, Franklin Templeton, and WisdomTree. In response to SEC feedback, these firms have recently submitted amended S-1 registration statements for their spot XRP ETFs, adjusting fund structures to allow XRP or cash creations and cash or in-kind redemptions. The coordinated filings and amendments indicate ongoing regulatory engagement and growing institutional interest in crypto-backed ETFs ahead of the new October deadline.
🚨 SPOT XRP ETF PUSH INTENSIFIES: GRAYSCALE, BITWISE LEAD COORDINATED FILINGS 7 asset managers including Grayscale, Bitwise, Franklin, and 21Shares file S-1 amendments for spot XRP ETFs. Filings reflect SEC feedback—shift to XRP/cash creations, in-kind redemptions. Analysts call https://t.co/3FOoUqhT8n
🚨 GRAYSCALE JOINS XRP ETF RACE AMID REGULATORY MOMENTUM Grayscale has officially filed an S-1 registration with the SEC for a spot XRP ETF, joining a wave of asset managers pushing for crypto-backed exchange-traded products. The move signals growing institutional confidence in https://t.co/gdsaSA3d5F
🚨LATEST: Six asset managers just filed amendments for their XRP ETFs, while Grayscale submitted a fresh application.📝 The SEC decides in October on XRP’s first ETF approval.🚀 https://t.co/KQ0hVKO1p7