ProShares and Franklin Templeton Have Set Key Dates in June, Bringing Hope That the SEC May Finally Approve Them

This means spot Solana and XRP ETFs could be approved as early as June 25, 2025. Franklin Templeton also has an XRP ETF decision coming on June 17

Crypto ETFs continue to be a hot topic as major asset managers adjust their filings and some important deadlines get closer.

ProShares is preparing to launch its Solana and XRP ETFs, and its application to move the launch date to June 25, 2025, was recently updated.

This stands in contrast to a prior launch date of December 27, 2024, suggesting that the SEC may finally be granting approval.

If approved, the SEC would need to make a decision on the application by that date, rather than delaying it again.

This means that the Solana and XRP ETFs could be approved as early as June 25, 2025.

If approved, it would mark a significant milestone for the crypto industry.

After applying to launch an XRP ETF in January, Franklin Templeton’s application also has a decision date coming on June 17.

It is possible that the ETF could be approved this month.

The prospect of a slew of altcoin ETFs being approved this year has led some to speculate that “Altcoin ETF Summer” may be arriving.

According to Bloomberg ETF analysts, there is an 85% chance of an XRP ETF being approved.

Analyst Eric Balchunas also hinted at the possibility of “Altcoin ETF Summer” with Solana likely leading the way in a recent X post.

He made the comment in response to analyst James Seyfart who provides a note with updated odds for all of the upcoming spot crypto ETFs which serves as a sign that the ETF market for altcoins could be heating up soon.

Odds of an XRP ETF being approved are now at 87% on the Polymarket Prediction platform.

XRP’s chances for ETF approval are looking better than ever with key decisions coming in June and chances as high as 87% on the Polymarket Prediction platform. This could be a big step forward for XRP and the crypto market.