XRP News Today: Bill Morgan Links XRP Spot ETF Delay to Ripple’s SEC History
Key Takeaways
- Digital asset expert Bill Morgan connects XRP spot ETF delays with Ripple’s history with the U.S. Securities and Exchange Commission(SEC)
- The original XRP spot ETF deadlines were October 18 and October 25, and experts expect an additional 3-4 weeks of processing time after the government reopens.
- SEC accused Ripple of conducting an unregistered securities offering through the sale of its native XRP token in December 2020.
- The long-standing legal battle officially ended in August 2025 after both the SEC and Ripple agreed to dismiss their respective appeals.
The crypto market is filled with news of the latest ETF launches. Bitwise confirmed the launch of the Solana Staking ETF (BSOL) on the New York Stock Exchange earlier today. Digital assets like Litecoin and Hedera are waiting for the SEC’s streamlined approval process, and they will be rolled out sooner. But XRP’s story is quite different; the fifth-largest cryptocurrency by market cap has been waiting for a long time now, and the SEC approval is something that XRP craves for and hasn’t gotten yet.
Analyst Eric Balchunas posted on X on 27/10/2025 that the Exchange had just posted listing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR to launch the following day and Grayscale Solana to convert the day after. He assumed that unless there was some last-minute SEC intervention, it looked like it was happening.
According to the latest information, there are nearly 20 pending filings. But the shocking news is that there is still no approval for an XRP spot ETF. The prolonged delay from the SEC when it comes to Ripple’s native cryptocurrency, while others move forward, has raised enough concerns among investors. Digital asset expert Bill Morgan believes that the current delay XRP faces has something to do with the recently ended legal battle with the SEC over Ripple’s unregistered securities offering.
“There Are Always Delays When It Comes to XRP,” Says Bill Morgan
Attorney Bill Morgan is an individual who constantly monitors Ripple’s legal developments, and his latest claim is that the prolonged delay of the XRP spot ETF has nothing to do with the ongoing U.S government shutdown. In an exclusive chat with CoinPedia, Bill Morgan claimed that at least they knew it was not because of the lockdown, given the other approvals that day. He stated that the reason was not yet public, but there seemed to always be unexpected delays with XRP.
He has an opinion that the pattern of the SEC when it comes to XRP is always the same, and he also added that the SEC lawsuit on offering unregistered securities through XRP sales against Ripple was the last one to be resolved. “The litigation itself lasted four and a half years,” he added.
Hedera managed to display a gain of 15.51% in the last 24 hours only because of its ETF launch updates. XRP, on the other hand still hovering between $2.60-$2.65, below the $3 psychological point because of the spot ETF delays. He compared Hedera’s gain to XRP and concluded that the price increase percentage that XRP did not achieve that day was because no XRP spot ETF had been approved. He added that he had a strong feeling XRP Spot ETFs would not be next and that there were always delays when it came to XRP, which was always held back.
The ending of the long-standing legal dispute with the SEC helped XRP gain more than 9% in a single day, and the regulatory clarity it got through the case further pushed the token forward. But at the moment, XRP is continuously trading below the $3 psychological point after the October 10 crypto flash attack. Now, with the end of the lawsuit, the XRP community is expecting the launch of a spot ETF soon, but this hasn’t happened yet, and the regulating authority hasn’t provided any exact timeline or explanation for this prolonged delay.
Also Read: XRP Price Prediction Today — Expert Analysis on Ripple’s Next Move
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