
SEC review extensions for XRP and Dogecoin ETFs are in line with typical processing times, showing no signs of rejection.
CME's launch of XRP futures strengthens the case for ETF approval, demonstrating institutional market readiness.
Polymarket data indicates an 80% probability of XRP ETF approval, reinforcing market confidence in 2025 approvals.
The likelihood of XRP and Dogecoin ETFs launching in 2025 remains high despite recent regulatory delays. Industry expert Nate Geraci maintains that both assets are still on track for approval this year. The U.S. Securities and Exchange Commission (SEC) has extended its review of Franklin Templeton's proposed spot XRP ETF and Bitwise's Dogecoin ETF.
SEC Review Extensions: Within Expectations
While the SEC's extension pushed back the timeline, it wasn't unexpected. This extended process is common for cryptocurrency filings. Bloomberg analysts still predict a possible XRP ETF approval by October, highlighting their confidence. The extension seems consistent with the SEC's usual pace, rather than a sign of rejection.
CME XRP Futures: A Positive Sign
The Chicago Mercantile Exchange's (CME) recent confirmation to list XRP futures could boost XRP's ETF prospects. Futures trading often indicates market maturity and increased credibility. This launch is viewed as positive, fostering broader institutional interest and regulatory acceptance, and is seen as progress towards potential spot ETFs.
Market Sentiment Remains Strong
Polymarket data shows an 80% probability of XRP ETF approval before year's end. This figure has held steady for over two months, suggesting continued industry confidence despite regulatory processes. Bitwise's Dogecoin ETF filing contributes to this optimism, as broader memecoin interest sustains attention in the ETF space.
The ETF sector is navigating regulatory complexities while continuing to pursue more crypto-based products. Experts suggest that the significant attention these filings are receiving reflects the growing mainstream acceptance of digital assets. Beyond XRP and Dogecoin, industry participants are closely monitoring how these approvals might influence future altcoin ETF proposals.
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