The U.S. Securities and Exchange Commission (SEC) has approved Rex-Osprey's XRP ETF, which is set to launch on September 12, 2025. This approval marks a significant step for XRP-based ETFs, indicating the SEC's growing comfort with such financial products. Meanwhile, the SEC has postponed the decision on Franklin Templeton's spot XRP ETF from September 24 to November 14, 2025. This 20-day delay is considered routine, allowing the SEC additional time for review. Market analysts suggest that the SEC may be nearing decisions on several XRP ETF applications, with further announcements expected by the end of the year.