XRP Bull Case Ignites on ETFs, Corporate Buys, and Utility
The post XRP Bull Case Ignites on ETFs, Corporate Buys, and Utility appeared on BitcoinEthereumNews.com.
The bull case for XRP is now driven by three key factors: ETF filings, corporate adoption, and utility. A key SEC decision on the Franklin Templeton spot XRP ETF is expected on June 17. Within the corporate sector, NASDAQ-listed Weebis has announced a $300M XRP treasury. XRP now has all the markings of an imminent breakout from a combination of three key drivers: rising institutional interest in a spot ETF, growing adoption as a corporate treasury asset, and expanding real-world utility in global payments. This multi-faceted XRP bullish thesis is gaining traction among analysts, even as the token trades in a stable range. At press time, XRP is priced around $2.25, give-or-take, with a market cap of $132.5 billion, but a look beneath the surface reveals several major catalysts on the horizon. XRP ETFs: Key SEC Decision Looms as Major Firms Line Up Excitement is building around the potential approval of a spot XRP ETF in the U.S. Notably, on June 17, the US Securities and Exchange Commission (SEC) is set to announce its decision on Franklin Templeton’s XRP spot ETF filing. On prediction platform Polymarket, the odds of an XRP ETF approval in 2025 stand at 87%. Franklin Templeton, which manages over $1.5 trillion in assets, previously filed one of the earliest Bitcoin ETF applications via the CBOE BZX exchange. That same exchange has facilitated recent ETF approvals, adding weight to XRP’s chances. Historically, the SEC has postponed similar applications, such as those for Bitcoin and Ethereum. However, the analyst notes that a more crypto-friendly posture has emerged following the appointment of Paul Atkins as SEC chair. Other major asset managers including Bitwise, Grayscale, ProShares, 21Shares, and WisdomTree have also filed XRP ETF applications. The volume of filings makes XRP the most pursued altcoin for ETF exposure. Related: Nasdaq-Listed…
Filed under: News - @ June 12, 2025 8:27 am