According to online reports, the U.S. Securities and Exchange Commission (SEC) announced that the "public consultation" phase of the WisdomTree XRP Spot ETF has ended and has "initiated further review procedures" for it and has not yet directly approved or vetoed it. The SEC officially accepted WisdomTree's XRP ETF application on February 19, 2025 and launched a public comment period, which is currently over. The SEC has the right to extend the review period to a maximum of 240 days, with a final decision announced by the end of October 2025 at the latest.