XRP News Today: XRP ETF Approval Odds Surge to 93% by 2025

Investor optimism surrounding the approval of an XRP spot ETF has reached unprecedented levels, with Polymarket data indicating a 93% probability of approval by the U.S. Securities and Exchange Commission (SEC) before the end of 2025. This surge in optimism is driven by several factors, including legal victories, rising institutional interest, and the successful launch of futures products.

Despite recent delays and setbacks, such as Judge Torres dismissing a revised settlement agreement between Ripple and the SEC due to procedural errors, and the SEC delaying its decision on the CoinShares XRP ETF application, market sentiment remains bullish. The odds of approval have steadily climbed over the past 30 days, reflecting a growing confidence in the potential for an XRP ETF.

Several prominent firms, including Bitwise, 21Shares, Canary Capital, Grayscale, and Franklin Templeton, have expressed interest in launching spot XRP ETF products. Although none of these applications have been approved yet, many industry experts believe that 2025 could be the breakthrough year for these asset managers.

Ripple's recent successes have further fueled investor excitement. In May, the CME Group introduced a new XRP futures product, which has been well-received by the market. Additionally, Ripple's RLUSD stablecoin was approved in Dubai, adding to the positive momentum. Crypto.com has also announced plans to introduce a new XRP ETF product, and rumors suggest that Uphold and Flare Networks are working on a DeFi-based XRP ETF.

These developments, combined with the increasing institutional interest and legal victories, have contributed to the growing optimism surrounding the approval of an XRP spot ETF. Despite the delays and procedural hurdles, the market remains confident that 2025 could be the year when an XRP ETF finally gains regulatory approval.