The US Securities and Exchange Commission on Monday, August 18, 2025, pushed back decisions on all five pending spot XRP exchange-traded fund proposals, designating longer review periods and resetting final action dates into October. In separate “Notice of Designation of a Longer Period” orders, the Commission cited the need for additional time to evaluate the filings following the institution of proceedings under Section 19(b)(2)(B) of the Exchange Act. In the standard phrasing repeated across the orders, the SEC wrote that it “finds it appropriate to designate a longer period” so it has sufficient time to consider the proposed rule changes and the issues raised by commenters.
Spot XRP ETF Decisions Pushed Back By SEC
The five proposals span three listing venues and now carry staggere