The U.S. Securities and Exchange Commission (SEC) has reportedly postponed the decision to approve various ETF proposals, including the XRP ETFs of Grayscale, 21Shares, Bitwise, CoinShares, and Canary, the Litecoin ETF of CoinShares, and the Dogecoin ETF of Grayscale.
Additionally, the SEC delayed the Bitcoin and Ethereum ETF of Truth Social, the media company tied to Donald Trump’s family. The SEC stated in the filing for Truth Social’s ETF that the Commission found it appropriate to designate a longer period to take action on the proposed rule change, allowing sufficient time to consider the proposals and the issues raised therein.
Delay in ETF Approvals Not Reflected in XRP Charts
Apart from the dismissal of the SEC’s case against Ripple, one major factor that influenced the upward momentum of XRP was the anticipation of the ETF approvals this month. However, the news of the extension of the decision from August to October 2025 has not yet affected the candles.
Instead of going red, XRP continues to keep the bullish momentum, exhibiting $7 billion trading volume in the past 24 hours and a 2% increase in the market cap. According to various blockchain experts, the bullish phase will extend till October, and then it will likely explode to a new all-time high.
October 2025 is the New Deadline for the ETFs
All the ETF decisions will be made in October 2025 instead of August 2025. According to experts, the designation of a longer period is essential for prolonged reviews and inspections. The precise date for each ETF is provided below.
- Grayscale XRP Trust – October 18, 2025
- 21Shares Core XRP ETF – October 19, 2025
- CoinShares XRP ETF – October 23, 2025
- Canary XRP Trust – October 23, 2025
- CoinShares Litecoin ETF – October 23, 2025
- 21Shares Core Ethereum ETF (with staking) – October 23, 2025
- Truth Social Bitcoin ETF – October 8, 2025
- Truth Social Ethereum ETF – October 8, 2025
Market Experts Predict an Altcoin Bull Run in October 2025
While the crypto market capitalization has exceeded $3.88 trillion, Bitcoin exhibits dominance with a 60% monopoly, contrary to the popular predictions regarding the altcoin dominance. Bitcoin is followed by a 13% dominance of Ethereum, but other cryptocurrencies haven’t yet surged to a point that signals an altcoin bull run.
With the ETF review dates being extended to October, various crypto experts predict the altcoin bull run to arrive at the same time. According to Polymarket, the commercial prediction network, around 80% of crypto enthusiasts believe that ETFs will be approved by the SEC in December, creating a vibrant altcoin bull season.
Ripple (XRP) Current Market Scenario
XRP, the veteran cryptocurrency that has been guiding the blockchain industry since June 2012, has been going through a bullish phase for a while, with a 431% increase in the market cap this year. It has outperformed 95% of the top 100 crypto assets, and has been trading above the 200-day simple moving average.
- Fear & Greed Index: 56 (Greed)
- Market Sentiment: Neutral
- Supply Inflation: 7.19% (High)
- Dominance: 4.61%
- Volatility: 5.04% (High)
About Crypto ETFs
Crypto ETFs are the blockchain version of the exchange-traded funds (ETFs), where investors can gain exposure to cryptocurrencies without directly owning them. Basically, ETFs track the performance of a coin and allow trading similar to stocks. The first Bitcoin ETF was approved by the SEC in 2024. At present, various proposals are approved by the SEC, and more proposals are being reviewed.
