The U.S. Securities and Exchange Commission has extended the review periods for all five pending spot XRP exchange-traded fund proposals. Announced on August 18, 2025, the SEC resets the final action dates into October, indicating a prolonged wait for potential investors. This decision impacts the overall market’s sentiment as traders anticipate further developments in regulatory clarity surrounding XRP ETFs. The move underscores the ongoing complexities in obtaining approval for innovative financial products in the crypto space.