Why Do Ripple ETFs Face Constant Delays? XRP Army Weighs In

The US Securities and Exchange Commission continues to delay making a decision on countless spot crypto ETFs, including over a dozen that want to track the performance of Ripple’s native ￰0￱ postponements come even after the leadership changes at the agency following Trump’s presidential victory and Gary Gensler’s ￰1￱ why is this? A popular XRP Army member outlined his take on the ￰2￱ the Delays, SEC? Recall that the US securities watchdog went on a delaying spree in mid-August, by extending the deadlines for numerous spot XRP ETF applications to October, which urged the issuers to make several changes to their ￰3￱ was just the start, as the SEC delayed Franklin’s filing as well earlier this week, whose deadline is now set for November instead of September ￰4￱ Squire, a popular and vocal member of the XRP Army, decided to dig a little deeper into these postponements, especially the Franklin ￰5￱ noted that the agency “almost always” delays first-round ETF filings, as it did multiple times for the applications for Bitcoin and Ethereum before eventually approving ￰6￱ helps it buy some time for public comments and more in-depth internal review, he added.

Squire, who has over 500,000 followers on X, believes there’s political pressure because once the SEC approves the XRP ETFs, this would equal recognizing institutional demand for the asset. “The SEC drags its feet to avoid moving ‘too fast’ in a hot political year.” He added that the agency wants “clarity on custody, settlement, and surveillance-sharing agreements,” as it aims to check every box before ￰7￱ Are Not Rejections Squire emphasized that even though the Commission has delayed numerous ETF applications, it hasn’t rejected them, which should be considered a positive ￰8￱ Bitcoin and Ethereum went through similar procedures before the inevitable green lights in ￰9￱ popular X user indicated that Wall Street wants exposure to XRP and concluded that Ripple ETFs are “inevitable.” Bottom line: A delay is not rejection.

It’s part of the SEC’s ￰10￱ Street wants ￰11￱ sooner or later, spot $XRP ETFs are inevitable. — John Squire (@TheCryptoSquire) September 12, 2025 ETF experts and Polymarket odds tend to agree with his bold ￰12￱ Geraci from the ETF Institute recently said that the actual chances for XRP ETFs to reach the US markets this year are closer to 100%, while the betting platform is currently not far from that ￰13￱ ETF Approval Odds on Polymarket