XRP News Today: SEC Delays Crypto ETF Decisions, Market Optimism Persists

The wait for crypto spot ETFs in the U.S. continues, with the SEC delaying its decision on several high-profile filings. The latest updates include a delay in the decision on the Cardano (ADA) ETF, while 21Shares has filed for a Dogecoin (DOGE) ETF. Additionally, the WisdomTree spot XRP ETF has entered a 21-day public comment period, and the SEC has pushed back the review deadline for Franklin Templeton’s proposed spot XRP ETF to June 17, 2025.

Despite these delays, the market remains optimistic. Prediction market platform Polymarket indicates that five out of six major altcoins—XRP, Solana (SOL), Dogecoin, Cardano, and Litecoin (LTC)—have more than a 68% chance of getting spot ETF approval by the end of 2025. XRP leads with an 83% probability, while Dogecoin has the lowest odds at 68%. The odds for Cardano, Dogecoin, and Litecoin have seen a sharp increase, moving from below 50% to over 70%. XRP and Solana have maintained strong odds around the 80% mark.

This optimism is driven by the increasing number of spot ETF filings and the potential regulatory approvals. The approval of these ETFs could open new entry points into the cryptocurrency market for investors, providing a regulated and accessible way to invest in digital assets. The legal developments in the Ripple case, which involves the SEC, are also expected to influence the broader regulatory environment for crypto ETFs.

However, it is crucial to note that these predictions are based on analyst forecasts and should not be taken as actual market movements. The actual approval of these ETFs and their impact on the cryptocurrency market remains uncertain and will depend on various factors, including regulatory decisions and market conditions. Investors should exercise caution and conduct thorough research before making any investment decisions based on these predictions.