Cryptocurrency journalist Eleanor Terrett made important statements on her social media account following the many Spot ETF delays that occurred today. Terrett shared details about the current process after her meeting with ETF expert James Seyffart.
According to Terrett, the dates announced today do not represent final decisions. Seyffart stated that final decisions on ETP (Exchange Traded Product) applications for many cryptocurrencies are expected to be made in the fourth quarter of 2025, especially in October. For the $XRP Spot ETF application, around October 18 stands out as a critical date.
Seyffart also reminded that the SEC also postponed decisions on today’s Ethereum Staking and Dogecoin ETF applications, and stated that similar delays are expected to occur in the Solana and Hedera (HBAR) ETF applications this week. Seyffart said that this process is completely normal, and that the final deadline for most applications is October 2025 or later.
Terrett noted the flexibility of the process by saying, “June 17 is not a definitive decision date. The SEC could make a decision by that date if they wanted to, but technically they have until October.”
*This is not investment advice.
