- XRP ETF approval odds rise to above 90% as investor confidence strengthens.
- Multiple major firms file for XRP ETFs, boosting market expectations.
Optimism in the crypto market has remained sky-high since Donald Trump’s return as U.S.’s president, and the wave of market-friendly sentiment he brought with him has remained undeterred.
Inasmuch, anticipation around altcoin exchange-traded funds (ETFs) has intensified, with many investors eyeing 2025 as the year when multiple approvals could finally materialize.
Despite over 70 ETF applications still awaiting decisions at the SEC, platforms like Polymarket reflect growing investor confidence in favorable outcomes.
XRP ETF approval odds rise steeply
One of the top contenders drawing widespread attention is Ripple [XRP], which has seen a surge in ETF-related buzz fueled by a series of regulatory wins and legal clarity.
Investor sentiment surrounding a potential XRP ETF has grown significantly more bullish, with Polymarket data showing a sharp rise in approval odds to 93% for 2025.
This marks a notable 20% increase since early May, driven by a surge in betting activity that reflects growing confidence in regulatory greenlighting.
Although the SEC recently postponed its decision on Grayscale’s spot XRP ETF, briefly tempering market enthusiasm and pushing approval odds down to 83% last week, the overall outlook still remains positive.
Many investors remain optimistic that the SEC will ultimately give the green light to an XRP ETF before the year concludes.
What’s driving this confidence?
As expected, multiple catalysts are driving the growing optimism for an XRP ETF approval in 2025, with activity on Polymarket reflecting this rising confidence.
A key factor is the increasing number of XRP ETF proposals currently under SEC review, including filings from major asset managers like Bitwise, 21Shares, Canary Capital, Grayscale, and Franklin Templeton.
The volume and diversity of applicants are pushing expectations for at least one approval before the year ends.
Adding to the momentum, the launch of CME Group’s XRP Futures ETF in mid-May, backed by strong performance metrics, has reinforced the asset’s credibility and market maturity.
What’s more?
This wave of positive developments coincides with XRP trading at $2.23, following a 1.66% daily price increase, according to CoinMarketCap.
However, while market sentiment leans in favor of approval, legal clarity will play a decisive role in shaping the final outcome.
