Ah, the United States Securities and Exchange Commission, that venerable institution of indecision, has once again graced us with its delightful procrastination regarding the XRP ETF, tenderly filed by none other than Franklin Templeton. One must wonder if they are merely savoring the suspense like a fine wine, or perhaps they are simply engaged in a game of bureaucratic charades. 🍷
In a twist worthy of a Shakespearean comedy, the Commission has now extended an invitation to the public, asking for their most profound thoughts on whether to approve or deny this proposal, which has been formally presented for listing on the illustrious Chicago Board Options Exchange (CBOE). How charmingly democratic! Or is it just a ruse to distract us from their own indecisiveness? 🤔
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. How thrilling! 🎉
The deadline for comments and rebuttals is late July. Mark your calendars, dear readers!
— Eleanor Terrett (@EleanorTerrett) June 17, 2025
Ah, but fear not! The deadline for submitting your most eloquent comments and rebuttals is set for late July. It is worth noting that Franklin Templeton, the grandest of the grand in the realm of ETF filings, is currently the largest company to have ventured into the murky waters of a spot XRP ETF. This delay, my dear friends, is not a portent of doom but rather a mere dalliance within the Commission’s jurisdiction—an expected extension in the grand theatre of finance. 🎭
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2025-06-17 22:17