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.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-12252 — Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the MIAX Pearl Options Exchange Fee Schedule To Establish Fees for the Trade-by-Trade Report
MIAX Pearl Options Exchange is adding new fees for their Trade-by-Trade Report starting now. Traders and firms who want this detailed report will pay a monthly subscription or a fee for one-time historical data requests, with discounts if they also buy related reports. This change helps the Exchange cover costs and keeps data access clear and fair.
2026-12260 — Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend its Rules Related to Market Makers
The Long-Term Stock Exchange (LTSE) wants to update its rules for Market Makers—those who help keep trading smooth and steady. They’re adding clear definitions, setting up a new registration system, and creating fresh responsibilities for Market Makers and their traders. These changes aim to make trading fairer and more organized, with no big cost changes expected, and they’re open for public comments now.
Previous / Next Documents
Previous: 2025-16443 — Entergy Operations, Inc.; Grand Gulf Early Site Permit
Entergy Operations, Inc. asked the NRC to let them submit their Grand Gulf Early Site Permit renewal a bit later than usual. The NRC said yes, so Entergy can send their renewal up to 45 days before the current permit expires and still keep everything on track. This helps Entergy avoid rushing and keeps the permit valid without extra costs or delays.
Next: 2025-16445 — Presidential Declaration Amendment of a Major Disaster for Public Assistance Only for the State of Indiana
Indiana just got an upgrade on its disaster help! The President expanded the disaster declaration for storms, tornadoes, winds, and flooding, focusing on public assistance. This means more support and money will flow to help communities recover faster, starting from the original July 22, 2025, declaration date.