XRP News Today: XRP ETF Approval Likely, 500% Price Surge Expected

June 17, 2025, is poised to be a pivotal date in the global cryptocurrency market. On this day, the U.S. Securities and Exchange Commission (SEC) will announce its decision on Franklin Templeton’s application for a spot XRP ETF. As the regulatory landscape becomes clearer and Ripple reaches a settlement with the SEC, XRP’s legal status has been further solidified, igniting investor sentiment. According to data from the market platform Polymarket, the probability of XRP ETF approval in 2025 is high. Once approved, this will be the third largest mainstream crypto asset ETF after Bitcoin and Ethereum, potentially attracting a large influx of institutional investors and driving explosive growth for XRP.

If the ETF is approved, it will open a convenient channel for funds to enter the market, potentially replicating the price surge path seen after the approval of the Bitcoin ETF. From a technical perspective, XRP has formed a long-term symmetrical triangle structure. If it breaks through, it is expected to hit the $15 mark, more than five times higher than the current price. Additionally, “whale” investors have been increasing their holdings of XRP, with over 800 million XRP newly added in April alone, sending a strong bullish signal.

The overall recovery trend of the crypto market is evident, with rising trading heat and capital activity. Whether it is Bitcoin breaking through $105,000 or Ethereum soaring 38%, it indicates that a new round of crypto bull market may have started. The arrival of the XRP ETF could serve as another catalyst for this trend.

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