The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Franklin Templeton’s spot XRP ETF to June 17, 2025, allowing another 45 days for a decision.
XRP gained momentum after the approval of the first-ever XRP futures ETF by ProShares, increasing the likelihood of a spot XRP ETF approval in the near future.
Analysts suggest that XRP could be heading towards the $4–$6 range, supported by recent institutional attention and positive regulatory signals.
XRP responded positively to the SEC's decision with a 1% price surge, reaching approximately $2.30. The crypto community eagerly awaits the June ruling for a potential spot XRP ETF approval.