Altcoins News
By Dan Saada
1 / 15
Investors Frustrated by Repeated Delays. The SEC has delayed multiple spot ETF proposals connected to XRP, including high-profile…
2 / 15
Why the SEC Is Taking Its Time. According to Crenshaw, the SEC must follow a rigorous review process for every exchange-traded…
3 / 15
XRP ETFs Still Under Consideration. Crenshaw clarified that delays in decision-making should not be interpreted as rejections.
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Next Decision Dates Are Approaching. The SEC has already postponed decisions on several XRP ETF filings, missing the first and second…
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Broader Implications for Altcoin ETFs. The XRP ETF review is part of a broader trend involving alternative crypto assets seeking ETF…
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Conclusion: XRP ETF Decisions Still in Play. While the crypto community may find the SEC’s approach slow and bureaucratic, Commissioner…
7 / 15
U.S. Securities and Exchange Commission (SEC) Commissioner Caroline A. Crenshaw has weighed in on the repeated delays surrounding applications for spot cryptocurrency…
8 / 15
The SEC has delayed multiple spot ETF proposals connected to XRP, including high-profile applications such as the one from Franklin Templeton.
9 / 15
Speaking on The David Lin Report, Commissioner Crenshaw addressed these concerns, noting that such delays are expected given how the SEC operates.
10 / 15
Rather than moving quickly, she emphasized that the SEC operates deliberately. This structured process, while frustrating to some, is designed to uphold the agency’s…
11 / 15
Crenshaw acknowledged the complaints from the crypto community but explained that the delays reflect internal workflow and policy standards—not resistance to innovation.
12 / 15
Crenshaw clarified that delays in decision-making should not be interpreted as rejections. “When you see delays, you should not assume that [the SEC is] ruling it out,” she said,…
13 / 15
The commissioner’s comments are particularly relevant given the SEC’s history of approving futures-based crypto ETFs while taking more time with spot-based proposals.
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However, spot XRP ETF proposals—those backed directly by XRP rather than futures contracts—have yet to receive approval.
15 / 15
Industry analysts are optimistic about the timeline. Bloomberg ETF experts Eric Balchunas and James Seyffart have projected that spot XRP ETFs could receive approval by October,…
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