The U.S. SEC has postponed decisions on both the 21Shares and Franklin Templeton spot XRP
The SEC has postponed decisions on both the 21Shares and Franklin Templeton spot XRP ETF applications to June 17, 2025. This delay follows a recent report by Kenny Nguyen via X.
The SEC stated further proceedings are required “to allow further analysis” on adherence to market regulations. The postponements come amid a growing wave of altcoin ETF applications, which includes similar products tied to Dogecoin and Solana.
Following last year’s approval of spot Bitcoin ETFs, interest in other crypto investment products has surged. However, the SEC’s actions have sparked debate, especially regarding the fate of altcoin ETFs.
The DEUMIX Avancez Climate Tech ETF (ADJ) is now available via Deutsche Börse’s ETF platform. The product, launched by Avancez Capital in partnership with DEUMOG, is focused on climate technology companies. It follows the Avancez Climate Tech Index, which tracks 50-50 selected U.S. and European companies engaged in climate solutions like renewable energy, energy storage, and sustainable materials.
As the SEC continues to process a record number of ETF applications, its decisions will have a significant impact on the future of crypto investing.
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