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Highlights
- Franklin Templeton's XRP ETF deadline is June 17.
- The date marks crucial for an XRP ETF approval.
- CME futures contracts' growth sparks speculations of an imminent XRP ETF launch.
The Chicago Mercantile Exchange’s (CME) strategic introduction of Ripple futures contracts has sparked speculations of the imminent launch of an XRP ETF. The notable surge in trading activity and significant gains posted by CME’s futures in its inaugural days have further fueled optimism within the Ripple community.
Amid increased odds of an XRP ETF launch in 2025 on Polymarket, Bloomberg analysts’ prediction has once again come into the spotlight. Earlier, Bloomberg analysts Eric Balchunas and James Seyffert provided an optimistic outlook on the ETF approval, with odds at 85%. Polymarket odds indicate an 83% chance of Ripple ETF approval in 2025, with a significantly lower 21% probability specifically for July 2025.
XRP ETF Odds Surge: Is SEC’s Approval Possible by June 17?
According to crypto expert Brett, June 17, 2025, remains a crucial date for Ripple ETF approval. In an X post, the analyst stated that the review deadline for Franklin Templeton’s spot XRP ETF is June 17.
Notably, the analyst’s statement has gained increased attention, particularly in light of the rising odds on Polymarket and Bloomberg analysts’ prediction. While Solana and Litecoin led Bloomberg’s ETF prediction with a 90% chance, XRP closely followed.
Though the SEC has delayed its decision on multiple ETFs, the analysts remain confident about their launch by the end of the year. While a year-end approval seems more likely, there’s also a possibility of an early approval as soon as June. Seyffart stated,
A bunch of XRP ETPs have dates in [the] next few days. If we’re gonna see early approvals from the SEC on any of these assets, I wouldn’t expect to see them until late June or early July at the absolute earliest. More likely to be in early 4Q.
CME’s Ripple Futures Contracts Hit $30M Volume
Significantly, the increasing odds of an XRP ETF launch are primarily driven by the remarkable gains of the CME futures contracts.CME Group introduced the Ripple futures contracts on May 19, sparking widespread enthusiasm. Within three days of launch, the product has attained a staggering $30 million in trading volume; $19M on Monday and $10M on Tuesday.
Driven by this significant rally, market experts anticipate the SEC’s potential decision on Ripple ETFs. Nate Geraci, President of the ETF Store, noted, “Spot XRP ETFs are only a matter of time.”
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