The U.S. Securities and Exchange Commission (SEC) has officially delayed its ruling on the WisdomTree XRP Exchange-Traded Fund (ETF). Under regulatory procedures, the SEC must either approve or reject applications within a set timeframe. However, it has opted to extend the deadline once again, pushing the decision to October 24, 2025.
This delay doesn’t affect WisdomTree alone. Applications from Grayscale, 21Shares, Bitwise, CoinShares, and Canary Capital for similar XRP ETFs have also been extended to the same date.
Industry experts note that such delays are common. Historically, the SEC has delivered collective rulings on multiple ETF applications—such as in the case of Bitcoin and Ethereum ETFs—rather than addressing each individually.
Despite the news, the market reaction has been muted. XRP is trading steadily around $2.96, suggesting that investors had largely anticipated this outcome.