TL;DR Extended Review: The SEC has further delayed its review of several crypto ETFs, including Grayscale's XRP ETF and Cboe's spot Solana ETF, with the next deadline set for May. Cautious Approach: This extension reflects the SEC's ongoing cautious stance amid concerns about market volatility, regulatory scrutiny, and custody security.

The U.S. SEC extended the timeline for when they will decide on spot exchange-traded funds (ETFs) for cryptocurrencies, including XRP.

XRP is sitting on a critical $2 support level as the crypto market faces a massive crash. With Bitcoin tumbling and global economic tensions rising, can XRP hold, or is a deeper drop inevitable?

The XRP community is watching closely as the U.S. SEC continues to stall decisions on XRP ETFs, fueling speculation that BlackRock could step in. While the asset management giant hasn't made any moves yet, analysts believe the ongoing delays could work in its favor.

The crypto industry is holding its breath in the face of still hesitant regulation. While enthusiasm for crypto ETFs grows, the U.S. Securities and Exchange Commission (SEC) has just postponed its decision on an important request: the conversion of the Grayscale XRP Trust into an ETF.

Sometimes an investment's strengths can also be its weaknesses or risks when looked at from another perspective. That's certainly true for XRP (XRP 1.67%).

With 17 XRP ETF filings and counting, a regulatory green light may be closer than expected.

XRP's price jumped 4% to $2.20 following Franklin Templeton's filing for a spot XRP ETF with the SEC, highlighting significant institutional interest in the altcoin.

The US Securities and Exchange Commission (SEC) has pushed back its decision on multiple cryptocurrency exchange-traded fund (ETF) proposals, delaying potential approvals for products tied to XRP XRP, Solana SOL, Dogecoin DOGE, and Litecoin LTC.

XRP price has recorded a surge of over 4% today, indicating renewed market confidence towards the asset. However, the surge comes amid a broader market recovery, with the global crypto market cap soaring nearly 2% to $2.66 trillion.

Cardano price rose for the second successive day on Wednesday as it gained 3% to trade at $0.745 at press time. The uptick came on the heels of news that US President Donald Trump had halted 50% tariffs on Canadian aluminum and steel exports, initially scheduled to take effect today.

Bitwise CIO suggests XRP could see major price movement once SEC lawsuit concludes, while the token currently trades at $2.12 with resistance at $2.250.

The long-running legal battle between Ripple and the SEC is entering its final phase, and the crypto community is eager to see how it ends. After years of back-and-forth arguments, multiple court rulings, and shifting regulatory stances, several outcomes are now possible.

Cardano (ADA) is trading in a range between $0.65-$0.75 despite whale accumulation of 180 million tokens, with technical indicators suggesting continued consolidation ahead.

The SEC has delayed its XRP ETF decision until October while Franklin Templeton joins several other firms filing applications for XRP ETFs

Bitcoin (BTC 1.55%) and XRP (XRP 4.87%) might not seem like direct competitors, but if you're looking to allocate a finite amount of money, you'll need to choose which one to put your dollars into. In that vein, even if you're willing to invest for the long term, you should probably have a sense of which investment might be more appealing.

Crypto market analysts believe that a spot XRP ETF filing coming from the world's largest asset manager BlackRock could speed up the approval process. This discussion sparks within the XRP community as the U.S. Securities and Exchange Commission (SEC) delayed the decision on ETF filing for Ripple cryptocurrency by Canary Capital and Grayscale.

Asset manager Franklin Templeton has submitted its S-1 filing for an XRP ETF. Several altcoins have seen ETF filing by major firms in the last few months.

Cardano's (ADA 1.75%) price fell by 33% during the past three months, and it's also been a laggard compared to its larger competitors in the cryptocurrency sector during the past three years, falling 9% while Bitcoin is up roughly 115%.

The fact that XRP has been able to recover around the $2.10 support level has given some new hope for a possible recovery. This move indicates that bearish momentum may be waning, despite the market's recent difficulties within a descending channel.

ADA, the native token of the Cardano blockchain, appears to be facing a small correction after a bullish breakout on March 11, 2025. Despite the ongoing price correction on the four-hour timeframe, ADA seems to be forming a bullish inverted head and shoulders pattern on the same timeframe.

The filing's preliminary, so the SEC has up to 240 days — potentially late 2025 — to approve or deny it.

Whales' buying pressure might boost ADA, but liquidation levels and market sentiment pose risks.

Cardano price started a fresh decline below the $0.75 zone. ADA is correcting some losses and might face resistance near the $0.750 level.

Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of XRP, one of the leading cryptocurrencies.

The new Exchange-Traded Fund will be listed on Cboe BZX Exchange.

XRP has faced significant volatility in recent weeks, with price action lacking clear momentum. Altcoin struggled to maintain upward momentum as broader market conditions remained bearish.

XRP price could be on the verge of a massive breakout in April 2025, as major catalysts align for a potential surge. With $1.7 trillion asset manager Franklin Templeton joining the race for a spot XRP ETF, fresh developments in the Ripple lawsuit, and bullish technical signals flashing, Ripple looks prime for a rally that

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone.

The number of issuers filing applications for altcoin exchange-traded funds is increasing, with Franklin Templeton becoming the latest.

The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF. It has started reviewing with Grayscale's application on February 14, which began a 240-day review period.

March 12, 2025 05:57:55 UTC Franklin Templeton Submits XRP ETF Application Franklin Templeton, boasting over $1.5 trillion in assets under management, has officially filed an application for an XRP ETF. The fund's XRP assets will be secured by Coinbase Custody Trust Company, ensuring robust asset protection and regulatory compliance.

The cryptocurrency market, led by Bitcoin (BTC) and Ripple Labs' XRP, experienced a mild recovery in the past 24 hours after a heavy capitulation earlier this week. In the past 24 hours, Bitcoin price gained around 2 percent to trade at about $81.6k on Wednesday, March 12, during the early Asian session.

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.

Crypto Market Today (March 12): Bitcoin (BTC) price regained an upward trajectory after a bloodbath, briefly touching $83K as of early Asian hours on Wednesday. Major-league altcoins such as XRP, Solana (SOL), and Ethereum (ETH) have followed, surging 1%-7% intraday.

Franklin Templeton has officially filed an S-1 registration form with the SEC to launch an XRP ETF, following its earlier registration of the Franklin XRP Trust in Delaware. The firm now joins Bitwise, Grayscale, and WisdomTree in the XRP ETFs race.

Investment giant Franklin Templeton, managing $1.53 trillion in assets, has filed for an XRP exchange-traded fund (ETF), intensifying competition in the growing crypto ETF space. The firm follows smaller players like Bitwise, Canary Capital, 21Shares, Grayscale, and WisdomTree, whose proposals have already been acknowledged by the U.S. Securities and Exchange Commission (SEC).

XRP saw a strong rally, rising 11.19% to $2.1720 by 20:01 (00:01 GMT) on the Investing.com Index. This marked its biggest one-day gain since March 2.

Cardano (ADA) saw a strong rebound, climbing 10.32% to $0.7273 by 14:13 (18:13 GMT) on Tuesday, marking its largest one-day percentage gain since March 2. The surge pushed Cardanos market cap to $25.05 billion, accounting for 0.95% of the total cryptocurrency market.

In an interview with the Paul Barron Network, Bitwise Chief Investment Officer (CIO) Matt Hougan expressed his perspective on the long-debated regulatory battle surrounding XRP and its potential market reaction once legal uncertainties are resolved. According to Hougan, the crypto asset—long restrained by litigation—may be significantly undervalued, with the potential for a sharp market correction following a favorable resolution to its legal entanglements.

David Sacks, the White House's crypto czar, has disclosed the intentions of the Treasury Department to concentrate on increasing the value of Bitcoin, XRP, and other digital assets that the US government owns.

Grayscale's application for a spot XRP exchange-traded fund has been postponed by the U.S. Securities and Exchange Commission, which cited the need for more time to examine the proposal. According to a SEC notice published on Mar.

The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.

Growing institutional interest in XRP-spot ETFs signals shifting market sentiment. Will SEC clarity trigger a bullish breakout?

XRP continues its decline, falling 10% over the past week as bearish momentum strengthens.

Bitcoin (BTC) price is rallying the broader cryptocurrency ecosystem. This rebound is encompassing, as altcoins like XRP, Dogecoin, and Cardano have also seen their prices clear immediate resistance levels.

The Cardano (ADA) price is staging a much needed rebound after being slaughtered over the course of the last week, as the broader crypto market rebounds from lows. The post Cardano Price Set for a 50% Crash? Watch This Key Level appeared first on Cryptonews.