Expectations are rising across the crypto space as the US Securities and Exchange Commission nears its final decision on the proposed spot XRP ETF. June 17, 2025, marks the official review deadline for Franklin Templeton’s application to launch the XRP exchange-traded fund in the United States.
According to Brett, a notable crypto commentator, current predictions suggest growing market confidence in the ETF’s approval. Polymarket reports an 83 percent possibility of regulators approving the project, representing a 13 percent rise in optimism compared to recent weeks.
As a result, members of the XRP community closely monitor news from regulatory bodies and financial institutions. The chart from Polymarket shows changes in activity connected to the season, but speed has been increasing since May. As more people wait for the SEC’s decision, people are discussing XRP’s role in the market more.
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Hopes are high for an $XRP ETF approval by June 17, 2025 — the review deadline for Franklin Templeton’s spot XRP ETF. Bloomberg gives it an 85% chance, while Polymarket odds sit at 83%. pic.twitter.com/kavV2dqAjn
— Brett (@Brett_Crypto_X) May 18, 2025
Potential Market Impact of Approval
With historical comparisons to Bitcoin’s ETF launch, analysts believe an approved XRP ETF could set off a strong market response. Bitcoin ETFs saw $6.4 billion in inflows within two months of approval, helping the asset rise by 55 percent. If the same pattern unfolds, similar projections will now be applied to XRP.
Price forecasts for XRP following ETF approval range from $2.51 to $3.90 in the initial weeks. In the long run, demand from institutions and supportive laws are essential, as such a situation could result in XRP breaking $10 with its market cap reaching almost $589 billion.
Zach Rector, a crypto analyst, predicts XRP can reach $15, based on the market cap multiplier theory used by Edwards, which considers capital inflow and supply.
Besides, the ETF could attract up to $8 billion if US regulators give it the thumbs-up. Such a high volume again demonstrates that XRP may follow Bitcoin’s path through its ETF approval in Q1 2024
As the SEC approaches its final ruling, many market players are preparing for an important turning point for XRP. Many are keeping a close eye on the market since the possibility of an ETF launch on June 17 is increasing.
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