2025-16444Notice

SEC Pushes Back Decision on WisdomTree XRP Fund Listing Timeline

Published Date: 8/28/2025

Notice

Summary

The SEC is taking more time to decide if the Cboe BZX Exchange can list and trade shares of the WisdomTree XRP Fund, a new crypto-based investment. This affects investors and traders interested in XRP-related funds and could impact when these shares become available to buy or sell. The decision delay means no money moves just yet, but the wait is on for a green or red light from regulators.

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

SEC Extends Review Deadline 60 Days

The SEC extended the 180-day review period for the proposed Cboe BZX rule change by 60 days, moving the deadline from August 25, 2025 to October 24, 2025. This gives the Commission more time to consider whether to approve or disapprove listing and trading of the WisdomTree XRP Fund.

Listing of WisdomTree XRP Fund Delayed

If you invest or trade, the availability to buy or sell shares of the proposed WisdomTree XRP Fund remains pending while the SEC considers the rule change; the Commission must act by October 24, 2025. Until the Commission approves the listing, the shares are not yet authorized to trade on Cboe BZX under this proposed rule change.

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Key Dates

Published Date
Effective Date
8/28/2025
10/24/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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