Franklin Templeton recently submitted the first XRP ETF proposal from a traditional finance giant, joining others like Grayscale and WisdomTree as the SEC evaluates such filings. This move has sparked interest among crypto and ETF investors, as analysts have indicated a 65% likelihood of XRP ETFs being approved by the end of the year, notably lower than odds for litecoin (90%) and dogecoin (75%). Franklin Templeton, which manages approximately $1.5 trillion in assets, launched a crypto index fund last month and also filed for a solana ETF. Although BlackRock, which made headlines with its bitcoin ETF proposal, has not yet ventured into altcoin ETFs, the SEC has several months to decide on these proposals. Industry experts speculate on which firms will next enter the ETF proposal landscape as interest in crypto products continues to grow.

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