Can there be approval till 17 June?

The strategic introduction to the Chicago Mercantile Exchange (CME) Ripple Futures Contracts has led to speculation of an adjacent launch of an XRP ETF. The significant increase in trading activity and the significant advantage posted by CME’s futures in its opening days has further increased optimism within the Ripple community.

The possibilities of launching an XRP ETF in 2025 on Polymarket have increased, the prediction of Bloomberg analysts has once again come into the limelight. Earlier, Bloomberg’s analysts Eric Balchunus and James Safart provided an optimistic view on ETF approval, with 85%likely. Polymercate Auds indicate 83% of the possibility of ripple ETF approval in 2025, especially with a significant 21% probability for July 2025.

XRP ETF Auds Surge: is SEC approved by 17 June?

As Crypto specialist bratJune 17, 2025, Ripple ETF remains an important date for approval. In an X post, the analyst stated that the review time limit for Franklin Templeton’s spot XRP ETF is 17 June.

In particular, the analyst’s statement has attracted attention, especially in the light of growing obstacles on the prediction of polymercate and Bloomberg analysts. While Solana and Litcoin led Bloomberg’s ETF prediction with 90% chance, XRP closely followed.

XRP ETF hurdles increase amidst futures growth: Can approval by June 17?XRP ETF hurdles increase amidst futures growth: Can approval by June 17?
Source: X, Bloomberg

Although SEC has delayed its decision On many ETFs, analysts are confident of their launch by the end of the year. While the approval of the end of one year is more likely, there is also a possibility of an initial approval soon as June. Seyffart said,

The dates of a bunch of XRP ETPS are in the next few days. If we are going to see the initial approval from SEC on any of these assets, I will not expect them to look at them as soon as possible by the end of June or early July. More 4Qs are likely to be at the beginning.

Ripple futures contracts of cme hit $ 30m volume

Significantly, the increasing obstacles of an XRP ETF launch are mainly motivated by the remarkable advantage of CME futures contracts. Cme group introduced Wave futures contract On May 19, increasing widespread enthusiasm. Within three days of launch, the product has obtained a shocking of $ 30 million in the trading volume; $ 19m on Monday and $ 10m on Tuesday.

Inspired by this important rally, market experts Ripple estimate SEC’s possible decision on ETF. “Spot XRP ETF is only a matter of time,” said Nat Garacy, president of ETF Store.

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Ninu V Jamal

Ninu V Jamal is an emotional crypto journalist with a three -year experience in Blockchain, Web 3 and Fintech regions. He has established himself as a knowledgeable and attractive voice in cryptocurrency and blockchain space. His experience as an assistant professor in English language and literature has added more in search of informative, well research and accessible material.

Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.


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