‍#XRP ETF获批‍  Two Key Dates for XRP Developments in the Coming Months.

The XRP ecosystem is approaching two critical dates that could significantly impact its regulatory status and market access in the United States.

The first key date concerns the SEC’s review of the proposed Franklin Templeton spot XRP exchange-traded fund (ETF). The second includes a significant update to the long-running SEC v. Ripple Labs lawsuit.

U.S. XRP ETF Decision Expected by Late July

On June 17, the SEC extended its review of Franklin Templeton’s application to list its spot XRP ETF. As part of the extension, the agency has launched a new public comment period.

The comment period lasts approximately 21 days, while the objection period is being extended by an additional 14 days. This timeline pushes the next decision window to the end of July 2025.

During this period, the SEC must approve or deny the listing or request a further delay.

However, due to the 240-day rule for such applications, the agency is expected to make a final decision within this upcoming window.

The SEC’s decision will be a broader indicator of how it handles altcoin-based ETFs. Notably, the Commission is also set to rule on several Solana ETF applications around the same time.

Ripple Case Advances to August Status Report

In addition, the SEC and Ripple filed a joint motion on June 16, requesting that key issues in their ongoing legal battle be resolved.

The motion seeks to lift the court-imposed injunction blocking institutional XRP sales and to modify Ripple’s financial penalty.

Supporters have also asked the U.S. Court of Appeals for the Second Circuit to halt the appeals process, which gives the lower court time to review and potentially approve the proposed settlement terms.

A status report is due on August 15, 2025. That filing will confirm whether Judge Analisa Torres grants the joint petition or whether the appeals process will continue.

If approved, Ripple could regain the ability to sell XRP to institutional customers—removing a major legal hurdle for broader adoption and institutional use.

Both late July and August 15 mark critical milestones for XRP. One focuses on regulatory clarity in public markets, while the other focuses on legal resolution with the SEC.