XRP ETF Still in Play – SEC Commissioner Reassures the Market

Investor hopes for the approval of a spot XRP ETF are still alive. In a recent interview, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce made it clear: the current delays are not rejections, but rather a result of the complex regulatory process.

Speaking with The David Lin Report, Peirce acknowledged the growing frustration — not just from investors, but even within the institution itself. She explained that the SEC is a bureaucratic organization bound by rules that must be followed. That often leads to lengthy procedures, but does not automatically mean a final “no.” “We’re a bureaucracy. Things take time here, but that doesn’t mean they’re being dismissed,” Peirce explained.

She emphasized the importance of distinguishing delay from denial. XRP ETF — along with proposals for Litecoin and Dogecoin funds — remain under review. According to Peirce, the SEC hasn’t closed its doors to any crypto-based financial products, but insists on thoroughly assessing every application. From her perspective, the goal isn’t to block innovation, but rather to establish clearer rules. That could help avoid another prolonged episode like the decade-long battle over Bitcoin ETFs, which ultimately required a court order to move forward.

📈 Delays, Not a Shutdown In recent weeks, the SEC has extended the review period for XRP ETF applications from Franklin Templeton. Other proposals from Grayscale and 21Shares — including Dogecoin and Solana — are also pending decisions. The process is still ongoing. Commissioner Peirce stressed that while it may seem slow, it doesn’t mean the SEC is dismissive of crypto advancements. On the contrary, the aim is to create a transparent framework with clear expectations for all players. For crypto investors, that means one thing: the XRP ETF game isn’t over — and approval remains a very real possibility.

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