June 17 is Coming: Don't miss the XRP boom.
XRP ETF: The decision that could change everything
Franklin Templeton, one of the largest asset managers in the world, has requested SEC approval for a spot XRP ETF. However, this type of fund allows investors to gain exposure to the asset without having to acquire it directly, making it easier to access the cryptocurrency market.
The SEC has extended the deadline for reviewing the application until June 17, 2025, following a pattern already observed in previous approvals of Bitcoin and Ethereum ETFs. Analysts view this extension as a standard procedure, not necessarily indicating a rejection.
Furthermore, if approved, the XRP ETF could attract a new wave of institutional investors, replicating the movement observed with Bitcoin, whose price surged after the approval of similar ETFs.