SEC Delays Decision on XRP ETFs as Franklin Templeton Enters the Race
The SEC has postponed its decision on XRP ETFs until October, as Franklin Templeton joins other firms in applying for these funds. This delay introduces uncertainty in the market as investors await clarity on the regulatory landscape surrounding XRP. Many industry giants have submitted applications, anticipating that a favorable outcome could bolster Ethereum’s position within the ETF framework. This situation raises broader questions about how regulators will treat digital assets in the future. Investors remain cautious but optimistic as the SEC reviews these applications. The decision could reshape market dynamics and affect the long-term acceptance of XRP in mainstream finance.