SEC Delays Decision on Franklin Templeton XRP ETF, Makes Fresh Announcement

Description

The U.S. Securities and Exchange Commission (SEC) has officially opened proceedings to determine whether to approve or disapprove a proposed rule change that would permit the listing and trading of shares of the Franklin XRP Spot ETF. This follows a delay initially instituted in April 2025 , which postponed the decision to June 17, 2025. On this new date, the SEC published an order instituting proceedings to invite public comment on the matter. The proposal, submitted by Cboe BZX Exchange, Inc.,...