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Spot ETF Buzz and Court Filing Hype Lift XRP Outlook; BTC Hovers
Market speculation about a potential SEC approval of a US XRP-spot ETF pushed XRP to a June 2025 high on Sunday, June 8. The reported approval of the Nasdaq Crypto US Settlement Price Index (the NCISU), including ADA, SOL, XLM, and XRP, raised expectations of imminent XRP-spot ETF approvals. Crypto commentator MartyP remarked on the NCISU approval, speculating that many crypto ETFs could get approved in the coming weeks. Notably, Franklin Templeton’s XRP-spot ETF application for the Franklin XRP Fund has an intermediate deadline of June 17. June 17 is the day after the US Court of Appeal’s deadline for the SEC to ... (full story)
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