SEC Decision for Franklin Templeton Spot XRP ETF Dey Loom; Market Dey Eye Institutional Adoption and Possible XRP Surge
Di U.S. Securities and Exchange Commission (SEC) go yan decide for Franklin Templeton spot XRP ETF application by June 17, 2025, after dem extend before make sure say dem fit check the submission well well, wey dem wan list for Cboe BZX Exchange. Industry dey sharp well well cos if dem approve, e fit mark big big change wey go allow more institutional and retail people access XRP through regulated products. Dis ETF application na same move wey big companies like Grayscale, Bitwise, 21Shares, and WisdomTree don dey do, wey show say interest for XRP investment dey grow. People dey hope because the SEC leadership don change and US government don get better mind for crypto. According to Polymarket, e get 90% chance say the ETF go get approval by end of 2025. CME join hand too by bringing XRP futures make price better and market monitoring tight, dis one fit make approval chance strong. If dem approve am, traders dey expect strong bullish trend for XRP, especially with recent whale accumulation and previous Bitcoin ETF surges. Because of these, XRP price don jump over 3% to $2.24, making the SEC decision key for more price rise.
Bullish
The SEC approval wey fit come for Franklin Templeton spot XRP ETF by June 2025, many pipu dey see am as beta bullish move for XRP. If dem approve am, e go open door for institutional and retail pipo to access regulated financial products, wey dey usually cause strong price rally—like wey happen for Bitcoin ETFs. The introduction of CME’s XRP futures still add to the good regulatory momentum as e meet SEC market maturity requirements. On-chain data show sey big holders dey collect more XRP, wey mean sey dem get confidence for next movement. Even though analysts talk say risk dey like possible SEC delay or hawkish Fed stance, overall market sentiment and recent price action dey show sey market dey expect positive decision wey fit trigger more gains. Traders suppose watch better as volatility fit happen close to main decision dates, especially if institutional flows start show.