XRP News Today: XRP Spot ETF Approval Odds Surge to 83% Ahead of June Decision

The odds of the XRP Spot ETF being approved have risen to 83%, with the SEC expected to make a decision in June. This increase in approval odds reflects growing optimism among investors and analysts. The SEC is set to rule on the Franklin Templeton XRP ETF, but a delay is likely as it could be grouped with other companies like Bitwise and VanEck. The approval odds by December 2025 have increased, indicating a positive sentiment towards the potential approval of the XRP Spot ETF. This optimism is further supported by the fact that traders have given XRP an 83% chance of approval in 2025, an increase from the earlier 70% chance. Analysts have also placed an 85% approval chance on it, aligning with the 83% approval odds. The SEC is expected to rule on Franklin Templeton's planned spot XRP ETF, the Franklin XRP Fund, on June 17, 2025. This decision is highly anticipated by investors, as the approval of an XRP spot ETF could attract significant investor inflows and potentially drive up the price of XRP. Top analysts have predicted an 85% approval chance for an XRP ETF, with traders giving it 83% odds. If approved, both Standard Chartered and JP Morgan have forecasted that an XRP spot ETF could attract serious investor inflows to the tune of $8 billion within a year. Analyst Zach Rector predicts that this liquidity could send the XRP price to dizzying heights in the $30 zone, returning serious yield to XRP holders. The increasing optimism surrounding the XRP Spot ETF is a positive development for the cryptocurrency market, as it could pave the way for more institutional investment in digital assets. However, it is important to note that the approval of the XRP Spot ETF is not guaranteed, and investors should exercise caution and conduct thorough research before making any investment decisions.

The launch of XRP futures contracts on the Chicago Mercantile Exchange (CME) is seen as a major step toward institutional adoption. Futures contracts allow traders to bet on an asset’s future price without owning it physically. The launch of XRP futures would allow financial firms to create ETFs that track XRP prices, similar to the ProShares Bitcoin ETF, which tracks CME Bitcoin futures. However, some are concerned that since no one’s actually holding XRP in futures contracts, the price is not going to move. Nevertheless, today’s launch is expected to increase the market liquidity and attract institutions towards trading and hedging XRP in a regulated manner. Also, regulated futures are often a prerequisite for spot ETF approvals. The added visibility from a CME listing could further boost its market position.

The recently launched Teucrium 2x Long Daily XRP ETF (XXRP) has been showing steady growth, with over $106 million in assets since its April debut. Despite a recent dip in XRP prices, the fund added $30.4 million last week. This shows growing interest in XRP ETFs, with XXRP outperforming similar products like the 2x Solana ETF (SOLT). Wall Street giant expects XRP and Solana ETFs to attract $15 billion in their first year, with XRP expected to capture the majority of these inflows. The SEC is set to rule on the Franklin Templeton XRP ETF in June. However, a delay is likely, as it could be grouped with companies like Bitwise and VanEck ahead of their October deadline. Besides, Tuttle Capital’s XRP ETF, set to launch on May 21, could attract more institutional trading and increase spot demand on secondary markets.