Grayscaleâs application for a spot XRP exchange-traded fund has been postponed by the U.S. Securities and Exchange Commission, which cited the need for more time to examine the proposal.Â
According to a SEC notice published on Mar. 11, the next deadline has been moved to May 21 by the regulatorâs extension, although a final decision may not be made until mid-October. The SEC acknowledged Grayscale XRP ETF application in February after it was initially submitted in January.
The companyâs bid was the first Ripple (XRP) ETF proposal that the regulator acknowledged. Canary Capital, WisdomTree, Bitwise, CoinShares, and 21Shares are among the other asset managers that have applied, suggesting a growing interest in institutional investment products associated with XRP.
In the meantime, Franklin Templeton entered the race by filing as an S-1 with the SEC on Mar. 11 in order to establish the Franklin XRP Trust. If authorized, Coinbase Custody will act as the ETFâs custodian and it will trade on the Cboe BZX Exchange.
Coinglass 数据显示,随着现货比特币 ETF 的成功,ETF 的注册数量不断增加。截至 3 月 12 日,比特币 ETF 管理的资产规模已达 950 亿美元。业内人士表示,ETF 注册数量的增加是为投资者提供传统数字资产投资的受监管替代品的更大趋势的结果。
许多人认为,这些 ETF 是提高市场透明度和保护投资者的重要一步。尽管申请数量激增,但 SEC 仍然保持警惕。过去,SEC 一直犹豫是否批准基于加密货币的 ETF,理由是担心监管不确定性和市场操纵。
不过,彭博分析师 Eric Balchunas 和 James Seyffart 表示,XRP ETF 在 2025 年获批的几率为 65-75%。市场情绪也依然乐观。在加密货币博彩平台 Polymarket,博彩者目前将获批的几率定在 72% 左右,表明对积极结果充满信心。
Investors are now awaiting further information, with many expecting that a more transparent regulatory environment will open up new avenues for investment in the digital asset space.