XRP News Today: XRP ETF Approval Odds Surge to 90% on Polymarket

Investor enthusiasm is surging around the prospect of a U.S.-approved spot XRP ETF in 2025. On Polymarket, a prominent crypto prediction platform, the odds of approval have skyrocketed to 90%, up from 70% just a few weeks ago. This dramatic increase in sentiment underscores the growing optimism that XRP could follow in the footsteps of Bitcoin and Ethereum, which already have spot ETFs in the U.S. market.

If approved, the spot XRP ETF would significantly enhance the accessibility of the token to mainstream investors by listing it on traditional stock exchanges. This development would eliminate the need for digital wallets, making XRP easier to buy, sell, and hold, particularly for institutions that typically avoid direct crypto exposure. The approval could attract fresh liquidity and draw in large-scale players like hedge funds and asset managers, potentially transforming the landscape of cryptocurrency investment.

The Polymarket prediction contract has already seen over $95,000 in volume, indicating strong conviction among participants. The platform’s markets often react to regulatory news and broader sentiment, offering a snapshot of what traders believe could happen next. This high level of engagement suggests that the market is closely watching the regulatory developments surrounding XRP ETFs.

Despite the surge in betting odds, the U.S. Securities and Exchange Commission (SEC) is keeping the crypto market in suspense. It recently announced a 35-day delay in its decision on Franklin Templeton’s proposed spot XRP ETF, along with a similar delay for a spot Solana ETF. The agency instead opened a public comment period, pushing any final decision into the second half of 2025. This delay has left the market in a state of uncertainty, with investors eagerly awaiting the SEC's final decision.

While U.S. regulators stall, other regions have already taken steps forward. Canadian firms like Purpose Investments, 3iQ, and Evolve have already received approval from the Ontario Securities Commission (OSC) and launched their ETFs. Purpose has even waived its management fees until February 2026, making its XRP ETF the first to offer zero fees for early investors. With $8.3 million in assets under management already, Canada’s clear and proactive regulatory stance is driving real-world product rollout, unlike the U.S., where uncertainty continues to hold back progress.

As anticipation builds around upcoming XRP ETFs, the XRP price remained surprisingly stable despite extreme market turbulence. Over 12 hours, XRP experienced an abnormal 8,466% spike in long-to-short liquidation imbalance, with over $508,000 wiped from bullish positions. Yet, XRP’s price barely moved, gaining just 0.20% and staying around $2.15. This suggests that while traders were overly bullish, possibly fueled by ETF optimism, the price itself resisted major swings, highlighting XRP’s resilience amid rising institutional interest.

The approval odds for an XRP ETF have surged to 90% according to data from Polymarket, a prediction market platform. This significant increase in odds reflects growing optimism among investors and analysts regarding the likelihood of regulatory approval for an XRP-based exchange-traded fund in the U.S. market. The data from Polymarket indicates a strong consensus that the Securities and Exchange Commission (SEC) is likely to greenlight an XRP ETF, which would mark a major milestone for the cryptocurrency industry.

The surge in approval odds for an XRP ETF comes amid broader optimism in the cryptocurrency market. Prediction markets on Polymarket also show a roughly 91% chance that a Solana ETF will be approved this year, further fueling investor enthusiasm. This optimism is driven by several factors, including the potential for significant inflows into the cryptocurrency market if ETFs are approved. Analysts have projected that XRP and Solana ETFs could attract billions of dollars in inflows, highlighting the potential impact of these financial instruments on the broader market.

The approval of an XRP ETF would provide investors with a regulated and accessible way to gain exposure to the cryptocurrency, potentially driving further adoption and investment. The SEC's decision on the approval of cryptocurrency ETFs has been closely watched by market participants, as it could set a precedent for the regulation of digital assets in the U.S. The high approval odds for an XRP ETF suggest that the regulatory environment may be becoming more favorable for cryptocurrency-based financial products.

Investors are closely monitoring the developments surrounding the approval of cryptocurrency ETFs, as these financial instruments could provide a more stable and regulated way to invest in digital assets. The potential approval of an XRP ETF would be a significant development for the cryptocurrency industry, as it would provide investors with a new avenue for gaining exposure to the asset. The high approval odds for an XRP ETF reflect growing confidence in the regulatory framework for cryptocurrency-based financial products and the potential for significant inflows into the market.