XRP News Today: XRP ETF Approval Odds Surge 19% to 90% by 2025

Speculators on the Polymarket prediction site are now betting that a spot XRP exchange-traded fund (ETF) in the U.S. has a 90% likelihood of approval by the end of 2025. This marks a significant increase of 19% over earlier odds, indicating a growing confidence among investors in the potential approval of the ETF.

This development is particularly noteworthy as Bitcoin- and Ethereum-based ETFs currently dominate the market. The progress of XRP toward ETF status could introduce substantial competition, potentially altering the dynamics of the crypto market.

If approved, XRP would be available on traditional stock exchanges, similar to other securities, without the need for holders to manage crypto wallets directly. This simplification would make it easier for retail investors to access XRP and could attract institutional capital that seeks to avoid direct exposure to crypto.

Predictions on Polymarket had previously hovered around 70%, but they have now surged to 90%, reflecting real-time investor sentiment. These numbers often respond to news, legal developments, or insider optimism, indicating a strong belief in the likelihood of approval.

For traders, this development means increased volatility and potentially large moves in XRP’s price as the approval date approaches. For longer-term investors, the ETF could drive demand for XRP, leading to greater liquidity and price stability. This combination can help attract bigger players like hedge funds and asset managers to the digital asset, marking a broader transformation of crypto into regulated financial products.

If approved, it would mark a turning point not just for Ripple, but for altcoins in general entering ETF territory. If market predictions are right, traders may want to start planning now. The next few months could be critical for positioning ahead of what might be one of the year’s most important crypto events.

Meanwhile, the U.S. SEC announced a 35-day delay in its decision to approve or disapprove the spot XRP filing proposed by top asset manager Franklin Templeton. Instead, it opened a comment period for this ETF and the proposed spot Solana ETF from the same firm.

Despite the delay in approving the spot XRP ETF in the U.S., the 3iQ XRP ETF was launched on the Toronto Stock Exchange. This launch underscores the growing interest and potential for XRP ETFs, even in the face of regulatory delays.