The wait for an XRP exchange-traded fund (ETF) approval has become a test of 3 many investors believed would be an imminent milestone has now hit a bureaucratic 4 Washington in partial paralysis, the 5 and Exchange Commission (SEC), the key authority responsible for reviewing and approving ETF applications, is unable to proceed with most of its regular 6 reality is stark: as long as the government remains shut down, no XRP ETF approvals can move 7 Freeze: The SEC Is on Hold During a government shutdown, most federal agencies, including the SEC, are forced to operate with only “essential personnel.” That means the vast majority of staff responsible for processing, reviewing, and approving filings are 8 case you still have 9 are welcome to read the document below which explains how SEC would operate under a shutdown. 0 1 2 — Vincent Van Code (@vincent_vancode) October 20, 2025 The SEC’s official contingency plan confirms that only critical market surveillance and enforcement functions remain active.
However, non-emergency activities, such as ETF reviews and approvals, are suspended until funding is 10 directly halts the approval pipeline for any crypto-related ETF, including those tied to 11 the hype circulating on social media, no filing can advance through the final review or clearance stages while agency staff remain 12 Statutory Deadlines Don’t Guarantee Approvals Many investors assume that the SEC’s published “decision deadlines” are immovable — but that’s a 13 when a decision date arrives, the SEC can delay action if operational circumstances prevent 14 shutdown effectively freezes the countdown 15 members must complete multiple stages of review, exchange feedback with issuers, and sometimes require additional amendments before an ETF can go 16 these processes are paused, no ETF — XRP or otherwise — can receive the green light until the government fully reopens and staff return to clear the 17 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A Growing Backlog Across Crypto ETF Filings More than a dozen cryptocurrency-related ETF applications, including several spot Bitcoin and Ethereum funds, were awaiting decisions in 18 are now in 19 the shutdown ends, the SEC will need to prioritize which filings to process first — creating a cascading delay for all pending 20 XRP ETF proposals, this means that even after government operations resume, approvals could still be weeks 21 Late November to December Is the Realistic Timeline According to industry observers and regulatory analysts, including crypto commentator Vincent Van Code, it could take up to four weeks after the government reopens before the SEC clears any pending ETF 22 timeline reflects the administrative recovery period needed to restart reviews, process amendments, and finalize compliance 23 his recent post, Vincent emphasized that expectations of “immediate approvals” are 24 noted that investors should prepare for a realistic window between late November and the end of December before any meaningful progress on XRP ETF approvals 25 Bottom Line The excitement surrounding potential XRP ETF approvals has collided with the harsh mechanics of government shutdown 26 optimism remains high for eventual approval, it won’t happen during the shutdown — and likely not immediately 27 Van Code’s insights serve as a timely 28 Washington resumes normal operations and the SEC clears its backlog, patience will remain the most valuable asset XRP investors can 29 : This content is meant to inform and should not be considered financial 30 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 31 are urged to do in-depth research before making any investment 32 action taken by the reader is strictly at their own 33 Tabloid is not responsible for any financial 34 us on Twitter , Facebook , Telegram , and Google News
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