The US stock and values commission. UU. Continues to delay a decision on countless spot cryptographic ETF, including more than a dozen who wish to track the performance of Ripple’s native token.
These postponements occur even after leadership changes in the agency after Trump’s presidential victory and Gary Gensler’s departure. So why is this? A popular XRP army member described his opinion on the matter.
Why delays, sec?
Remember that the guardian dog of US securities. This was only the beginning, since the SEC delayed Franklin’s presentation also earlier this week, whose deadline is now scheduled for November instead of September 17.
John Squire, a popular and vocal member of the XRP army, decided to deepen a little more in these postponements, especially the Franklin ETF. He pointed out that the agency “almost always” delays the present ETF presentations, as did several times for Bitcoin and Ethereum applications before approved. This helps buy some time for public comments and a deeper internal review, he added.
Squire, who has more than 500,000 followers in X, believes that there is political pressure because once the sec approves the ETF XRP, this is the same as recognizing the institutional demand of the asset.
“The SEC drags its feet to avoid moving” too fast “in a hot political year.”
He added that the agency wants “clarity about custody, liquidation and surveillance exchange agreements”, since it aims to verify each box before approval.
Delays are not rejections
Squire emphasized that although the commission has delayed numerous ETF applications, it has not rejected them, which should be considered a positive signal. Both Bitcoin and Ethereum went through similar procedures before the inevitable green lights in 2024.
The popular user X indicated that Wall Street wants exposure to XRP and concluded that Ripple’s ETFs are “inevitable.”
In a nutshell:
A delay is not rejection. It is part of the sec verification list.
Wall Street wants exhibition.
And sooner or later, point $ XRP ETFs are inevitable.
– John Squire (@Thecryptosquire) September 12, 2025
ETF experts and Polymeket’s probabilities tend to agree with their bold statement. Nate Geraci of the ETF Institute said recently that the real possibilities that ETF XRP reach US markets this year are closer to 100%, while the betting platform is currently not far from that number.
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