#XRPETF In the United States, the Securities and Exchange Commission (SEC) has extended its review period for several XRP ETF applications, including those from Bitwise, Canary Capital, and Grayscale. The new deadline for these proposals is set for May 22, 2025 .
Barron's
+3
AInvest
+3
Bitcoin IRA
+3
Additionally, Franklin Templeton has entered the race by filing for a Franklin XRP ETF, aiming to track the spot price of XRP with assets held via Coinbase Custody .
CoinDesk
Market sentiment is optimistic, with prediction markets indicating an 81% chance of approval for an XRP ETF in 2025 .
Cointelegraph
+1
Bitrue
+1
š Global XRP ETF Initiatives
Internationally, Brazil has taken a pioneering step by launching the world's first spot XRP ETF, XRPH11, on the B3 exchange. This move could set a precedent for other countries considering similar financial products.
Coinpedia Fintech News
+1
TronWeekly
+1
š® Outlook
Ripple CEO Brad Garlinghouse has expressed confidence in the potential launch of an XRP ETF by the end of 2025, citing the growing institutional interest and favorable regulatory developments .
AInvest
+1
Binance
+1
However, the SEC's final decision will depend on the resolution of ongoing legal matters, including the classification of XRP as a security. Legal expert Jeremy Hogan suggests that a decision could be expected by mid-2025, assuming the appeal process proceeds as anticipated .
AInvest
+3
Bitrue
+3
Cointelegraph
+3
CoinGape
For investors in Karachi and beyond, the evolving XRP ETF landscape presents new opportunities and risks. It's advisable to stay informed about regulatory developments and market trends to make well-informed investment decisions.
Recent Developments in XRP ETF Landscape
MarketWatch
Is Trump already paving the way for a new breed of crypto ETFs? Here's what to watch.
