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SEC delays decision on Franklin Templeton’s spot XRP ETF

  • The US SEC has delayed its decision to approve or disapprove Franklin Templeton’s application for a spot XRP ETF.
  • SEC has extended the period of review for the XRP ETF to June 17, 2025.
  • ETF expert James Seyffart says most of the final verdicts for most ETF proposals are made in October or later.
  • SEC's cautious deliberation aligns with the pattern it has adopted regarding crypto-related financial products.

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