Franklin Templeton’s recent application for an XRP spot exchange-traded fund (ETF) has ignited significant market anticipation. This SEC review, with a June 17, 2025 deadline, could potentially bring institutional investment into XRP as interest in crypto ETFs surges after the approval of Bitcoin and Ethereum ETFs. The filing follows a trend of increased investor interest in such instruments. Meanwhile, BlackRock, though not yet filed, has met with the SEC, hinting at potential interest in an XRP ETF. Coinbase and CME Group are also poised to launch XRP futures by May 2025. The market has been reacting actively to regulatory updates regarding this filing, resulting in noticeable price fluctuations for XRP. Analysts anticipate increased growth in XRP prices based on historical success of Bitcoin and Ethereum ETFs. As the regulatory landscape continues to evolve, market sentiment could shift depending on future approvals and institutional involvement in digital assets. ‘XRP is breaking out of an inverse head and shoulders pattern with potential upside target between $2.70 and $2.90,’ says Ali Martinez, market expert. The market experts anticipate a significant influx of capital into the XRP market if BlackRock files for an XRP ETF soon. Nate Geraci, President of the ETF Store, highlights this possibility: ‘BlackRock will likely file for XRP and Solana ETFs soon, which could boost chances of approval and attract considerable capital to the XRP market.’ Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy or liability for losses. Please conduct your own research before investing.