XRP supporters have recently faced disappointment regarding the approval timeline of Franklin Templeton’s XRP ETF, which was originally anticipated by mid-September. Fresh court documents reveal that the U.S. Securities and Exchange Commission (SEC) requires additional time to conduct a thorough review of this Ripple-based Spot ETF product. This delay is part of a broader trend observed this year, as numerous altcoin-based ETF approvals have been postponed until October or November 2025. Consequently, the earliest revised approval date for the XRP ETF has now been set for November 14, 2025.
In the midst of this uncertainty, Litecoin’s mascot, Lester, reached out to the XRP community, expressing solidarity and understanding. In a post on X, Lester acknowledged the inevitability of these delays but encouraged the XRP community to maintain optimism, stating, “Brighter days lie ahead! Chin up and keep up the good fight for the entire space!”
Despite the setbacks regarding the ETF, Ripple continues to make strides in the cryptocurrency market. The company recently reached a $50 million settlement with the SEC, which is expected to facilitate clearer regulations within the crypto sector. In addition to regulatory advancements, Ripple is actively working on establishing its RLUSD stablecoin as a fully fiat-compatible digital asset, following their application for a banking license.
U.S. exchanges such as Gemini are also playing a crucial role in promoting XRP. They have initiated a marketing campaign in partnership with MasterCard, offering up to 4 percent cashback in XRP for users. Notably, earlier this year, XRP was included in the Strategic Crypto Reserve established by the United States, highlighting its growing significance in the financial landscape.
Looking ahead at the ETF approval process, analysts are optimistic. There is a widespread belief that with the new SEC Chair Paul Atkins, significant rejections are unlikely. Bloomberg’s leading ETF analysts currently estimate a 95 percent probability that a Ripple-based Spot ETF will receive approval by the end of this year, signaling a potentially bright future for XRP and its community.
