Two Dates to Watch for Major XRP Developments in the Coming Months

by

🚨 XRP Drama Alert: Will July and August Bring the Legal Fireworks? 🎆

So, here we are, folks! The XRP ecosystem is on the edge of its seat, waiting for two oh-so-important deadlines that could either make it or break it in the U.S. legal arena. Grab your popcorn! 🍿

First up, we have the SEC’s thrilling review of the proposed Franklin Templeton spot XRP exchange-traded fund (ETF). And just when you thought it couldn’t get any juicier, we have a major update in the never-ending SEC v. Ripple Labs saga. Talk about a cliffhanger! 😱

US XRP ETF Decision Likely by Late July

On June 17, the SEC decided to play the waiting game and extended its review of Cboe BZX’s application to list Franklin Templeton’s spot XRP ETF. Because who doesn’t love a good delay, right? 🙄

They’ve opened a new public comment period that lasts about 21 days, followed by a rebuttal period of another 14 days. So, mark your calendars, because the next decision window is set for late July 2025. Can’t wait! 🗓️

NEW: Following a prior delay to June 17 (today), the @SECGov is inviting public comment on whether to approve or deny @CBOE’s proposal to list the @FTI_US $XRP spot ETF.

The deadline for comments and rebuttals is late July.

— Eleanor Terrett (@EleanorTerrett) June 17, 2025

During this nail-biting period, the SEC must either give a thumbs up or down to the listing, or, you guessed it, request more delays. Because why not keep everyone on their toes? 😅

But wait! Under the 240-day rule for such filings, the agency is expected to make a final ruling in this upcoming window. Fingers crossed! 🤞

The SEC’s decision will be a litmus test for how it treats altcoin-based ETFs. And just to spice things up, they’re also set to decide on several Solana ETF applications around the same time. Talk about a crowded party! 🎉

Ripple Lawsuit Progresses Toward August Status Report

Meanwhile, in the courtroom drama of the century, the SEC and Ripple filed a joint motion on June 16, seeking to resolve some key issues in their ongoing legal battle. Because who doesn’t love a good legal showdown? ⚖️

The motion is asking for the dissolution of a court-imposed injunction that’s been blocking institutional XRP sales and a little tweak to Ripple’s financial penalty. Sounds like a plan! 💰

They’ve also asked the US Court of Appeals for the Second Circuit to hit the pause button on the appeal process. This gives the lower court some time to review and possibly approve their proposed settlement terms. Fingers crossed for a happy ending! 🤞

A status report is due by August 15, 2025. This filing will confirm whether Judge Analisa Torres has accepted the joint motion or if the appeals process will continue. Stay tuned! 📺

#XRPCommunity #SECGov v. #Ripple #XRP In light of the pending motion for an indicative ruling, the parties have requested that the Second Circuit continue to hold the appeals in abeyance, with the @SECGov to file a status report by August 15, 2025.

— James K. Filan (@FilanLaw) June 17, 2025

If approved, Ripple could finally regain the ability to sell XRP to institutional clients—removing a major legal hurdle to broader adoption and enterprise use. Hooray for progress! 🎊

Both late July and August 15 are shaping up to be critical milestones for XRP. One is all about regulatory clarity in public markets; the other is a legal resolution with the SEC. Who knew crypto could be this dramatic? 😜

Investors and institutions tracking XRP’s future will be glued to their screens as both processes unfold. Grab your snacks, everyone! 🍿

Read More

2025-06-17 23:52