SEC Delays Ruling on XRP ETF, Sparks Debate on Ripple Price Trajectory
The recent extension of the U.S. Securities and Exchange Commission (SEC) review of proposed spot XRP exchange-traded funds (ETFs) has sparked discussions among investors and analysts about the potential impact on XRP price and Ripple’s market strategy. Although the delay in the SEC’s final rulings disappointed some traders, experts suggest it may simply be a procedural pause rather than an indication of impending rejection.
The SEC’s decision to extend the review timelines for several U.S. spot XRP ETF applications has pushed key deadlines into late October. Notable applicants, such as 21Shares, CoinShares, Grayscale, and Bitwise, now await final rulings later in the month, with additional applicants like WisdomTree, Canary Capital, and Franklin Templeton also in the queue.
Bloomberg strategists characterize the postponement as a procedural measure and stress that it does not necessarily indicate a negative outcome for XRP ETF approvals. Some analysts now rank XRP alongside Solana and Litecoin as top contenders for spot ETF approval, with optimistic predictions of a 95% likelihood of approval by the end of 2025.
In response to the SEC delay, XRP experienced a brief decline in price, dropping below $3.00. Analysts caution that failure to reclaim levels above $3.30 could lead to further declines towards $2.60 or even $2.00. Technical indicators highlight $3.00 as a critical support level, with a recovery above this benchmark potentially reigniting bullish momentum. On the upside, breaking past $3.20 could pave the way for price targets of $3.45 and $3.65.
Moreover, Ripple’s forthcoming decision on its U.S. national bank charter application, submitted in July 2025, adds another layer of complexity to the October timeline. If approved, the national bank charter would allow Ripple to function as a federally regulated trust bank and custody RLUSD stablecoin reserves directly with the Federal Reserve, enhancing its standing in the American financial sector. Legal experts note the significance of the overlap between ETF rulings and the bank charter review, suggesting that October 2025 could be a monumental period for Ripple and XRP’s trajectory.
Community reactions to the SEC announcement have been mixed, with some expressing frustration over the delays and others viewing it as a strategic opportunity to accumulate XRP at lower prices. Influencers in the XRP space have proposed that the SEC’s scheduling of approvals may create temporary market dips, enabling investors to capitalize on potential price upsurges.
As the October decisions loom ahead, investors are advised to remain patient, observe key technical levels, and stay informed about regulatory developments that could shape Ripple’s trajectory in the coming months.Brave New Coin’s extensive reach across the crypto-media landscape ensures that investors stay informed and engaged with the latest developments in the cryptocurrency market.
