A recent analysis of the XRP ETF applications in the U.S. revealed that some deadlines were adjusted, but the overall outlook remains positive.
Franklin Templeton Delay
On September 10, the U.S. Securities and Exchange Commission (SEC) pushed back Franklin Templeton's ETF deadline from September 24 to November 14. This is only a 20-day delay, a routine move that allows the agency more time to review filings.
> "The delay of the Franklin Templeton spot XRP ETF is a delay of only 20 days and has people carrying on about delays and the SEC. It is a short delay. It suggests to me the SEC may be close to a final decision on this and other spot XRP ETFs." CITE_W_A
Rex-Osprey ETF Moves Forward
On the same day, Rex-Osprey’s XRP ETF cleared its review with no objections and is scheduled to go live on September 12, marking the first new XRP ETF launch this month. This approval adds momentum to the idea that the SEC is now comfortable with the framework for XRP-based exchange-traded funds.
Pending ETF Filings
The rest of the U.S. spot XRP ETF proposals have deadlines more than four weeks away. With one ETF approved and another facing only a brief delay, the market now expects additional decisions before year-end.
The short Franklin Templeton delay and the quick approval for Rex-Osprey signal a maturing regulatory environment for XRP. Key dates for traders are September 12 for the Rex-Osprey launch and November 14 for the next Franklin Templeton decision window.
