SEC Commissioner Hester Peirce has eased worries that spot ETFs, including the XRP ETF, may face rejection. Her remarks come as speculation rises after the SEC delayed several ETF listings, leading to concerns about possible denials.
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XRP ETF Not Ruled Out Despite Delays
In an interview on The David Lin Report, Commissioner Hester Peirce acknowledged investor frustration surrounding repeated postponements, including those related to the XRP ETF and Litecoin ETF, among others.
Peirce candidly admitted the SEC’s bureaucratic structure slows things down, describing it as a “process that frustrates people.” Yet, she emphasized that the delays should not be mistaken for outright denials.
“We’re a bureaucracy,” Peirce explained. “There are a lot of rules that have to be adhered to, and so we’re working through them, we’ve gotten a lot of applications on the ETF side… but we have to do that in a way that will frustrate people”
Pressed further in the interview, Peirce confirmed that the SEC is not closing the door on new listings. She clarified that delays shouldn’t be interpreted as a sign of rejection. Rather, she stressed that before any approval is given, careful consideration and adherence to the correct procedures are necessary.
Peirce pointed to the SEC’s decade-long review of Bitcoin ETfs as an example of past inefficiencies and shifting requirements that fueled market frustration. She expressed a desire to create clearer, more predictable standards. Hence, applicants know what data to provide, hoping to avoid another drawn-out saga like the Bitcoin ETF approval process. This ultimately required a court order to move forward.
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XRP ETF Approval May Be Imminent Despite Delays
Clarifications from the SEC Commissioner suggest that approval for the proposed XRP ETFs could be close. Citing a need for additional market research and compliance checks, the SEC extended its review of Franklin Templeton’s proposed spot XRP ETFs into September 2025, as reported by CoinGape.
Grayscale Investments’ and 21Shares’ applications for approval of Dogecoin and XRP ETFs have also been affected by similar delays. As an indication of further investigation rather than a complete rejection, the Commission has also initiated proceedings for spot Solana ETFs from 21Shares and Bitwise.
These delays, although frustrating, align with the agency’s stated commitment to a cautious and thorough review. Peirce’s remarks suggest that the goal behind the sluggish pace is to establish a more transparent framework for evaluating products that are connected to cryptocurrency.
Currently, the XRP ETF is in a state of uncertainty with regulators, but it is still a possibility. Peirce pointed out that delays should not be viewed as outright rejections. Instead, they highlight the challenge of balancing new ideas with protecting investors in U.S. markets.
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Michael Adeleke
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
XRP ETF Still in Play- SEC Commissioner Debunks Rejection Speculations
SEC Commissioner Hester Peirce has eased worries that spot ETFs, including the XRP ETF, may face rejection. Her remarks come as speculation rises after the SEC delayed several ETF listings, leading to concerns about possible denials.
Advertisement Advertisement
XRP ETF Not Ruled Out Despite Delays
In an interview on The David Lin Report, Commissioner Hester Peirce acknowledged investor frustration surrounding repeated postponements, including those related to the XRP ETF and Litecoin ETF, among others.
Peirce candidly admitted the SEC’s bureaucratic structure slows things down, describing it as a “process that frustrates people.” Yet, she emphasized that the delays should not be mistaken for outright denials.
Pressed further in the interview, Peirce confirmed that the SEC is not closing the door on new listings. She clarified that delays shouldn’t be interpreted as a sign of rejection. Rather, she stressed that before any approval is given, careful consideration and adherence to the correct procedures are necessary.
Peirce pointed to the SEC’s decade-long review of Bitcoin ETfs as an example of past inefficiencies and shifting requirements that fueled market frustration. She expressed a desire to create clearer, more predictable standards. Hence, applicants know what data to provide, hoping to avoid another drawn-out saga like the Bitcoin ETF approval process. This ultimately required a court order to move forward.
Advertisement Advertisement
XRP ETF Approval May Be Imminent Despite Delays
Clarifications from the SEC Commissioner suggest that approval for the proposed XRP ETFs could be close. Citing a need for additional market research and compliance checks, the SEC extended its review of Franklin Templeton’s proposed spot XRP ETFs into September 2025, as reported by CoinGape.
Grayscale Investments’ and 21Shares’ applications for approval of Dogecoin and XRP ETFs have also been affected by similar delays. As an indication of further investigation rather than a complete rejection, the Commission has also initiated proceedings for spot Solana ETFs from 21Shares and Bitwise.
These delays, although frustrating, align with the agency’s stated commitment to a cautious and thorough review. Peirce’s remarks suggest that the goal behind the sluggish pace is to establish a more transparent framework for evaluating products that are connected to cryptocurrency.
Currently, the XRP ETF is in a state of uncertainty with regulators, but it is still a possibility. Peirce pointed out that delays should not be viewed as outright rejections. Instead, they highlight the challenge of balancing new ideas with protecting investors in U.S. markets.
Advertisement
✓ Share:
Trending
Price Analysis
XRP ETF Still in Play- SEC Commissioner Debunks Rejection Speculations
Pi Network Activity Soars as Mystery Wallet Acquires Millions in PI Coins
Breaking: Uniswap COO Exits While TVL Surpasses $5.3B, Is Short Term Sell-Off Ahead?
Just In: Ripple Inks Major Partnership to Tokenize Dubai Real Estate
PENGU Price Turns Parabolic Ahead of Game Launch on App, Will The Rally Continue?
Pi Coin Price Faces Bearish Breakout As 61M Tokens Move to Exchanges, Sell-Off to $0.26 Ahead?
Shiba Inu Price Prediction As Social Volumes Skyrockets- Is SHIB Price About to Rally?
XLM Price Forecast: Why Stellar Lumens May Crash After 80% Rally in Last 7 Days
Dogecoin Price Forecast As Traders Shift to PUMP Token Mania- Is a 130% Rally Still Likely?
XRP Price Prediction As XXRP ETF Hits $284M Milestone- XRP/ETH Chart Signals $4.5 Next
 Best Crypto Presales To Invest In July 2025 – Top Upcoming Presale Tokens
 Best Crypto AI Trading Bots In 2025
 Top Meme Coins To Buy In July 2025
 Michael Adeleke
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses. Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.