The US SEC has delayed applications for ETFs tracking XRP, Solana, and Dogecoin, seeking public feedback on regulatory compliance.
Bloomberg ETF analyst James Seyffart views delays as normal, projecting decisions likely in the fourth quarter of 2025.
XRP saw confidence as the Chicago Mercantile Exchange introduced XRP Futures contracts, enabling traders to speculate on price movements.
Regulated futures markets play a significant role in spot ETF approvals, exemplified by the DC Circuit Court ruling against the SEC's rejection of Grayscale's Bitcoin trust conversion.