🚨Franklin Templeton’s XRP ETF -Decision Incoming – June 17
CryptoPotato
Updated at: 5 hours ago
{"content":"🚨Franklin Templeton’s XRP ETF -Decision Incoming – June 17 Deadline 🚨
Franklin Templeton’s proposed XRP Spot ETF is awaiting an SEC decision by June 17, 2025 🗓️— a separate matter from the Ripple vs. SEC lawsuit⚖️. This ETF decision focuses solely on market access, not legal rulings.
📈Top analysts now say there’s an 85% chance of XRP ETF approval this year. Franklin Templeton joins heavyweights like Grayscale, Bitwise, CoinShares, and ProShares in the race to launch an XRP ETF. Grayscale’s decision is expected by October 18📌, and ProShares faces a hard deadline of June 25📌.
💡 XRP ETF benefits:
✅ Bring institutional access to XRP
✅ Improve liquidity and price transparency
✅ Provide regulated exposure to a top 10 crypto
✅ Boost mainstream adoption via broker platforms
🗣️Bloomberg ETF analyst James Seyffart says delays are “normal,” and final rulings often come late in the process. Meanwhile, XRP trades around $2.29, up nearly 6% in 24h — fueled by optimism on both the ETF and legal front.
🔮A favorable decision could open the floodgates for altcoin ETFs. But a delay might trigger short-term volatility ⚠️.
$XRP #etf
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