​Crypto community grows bullish on XRP ETF approval as Polymarket bets hit 87%

Source Cryptopolitan

The cryptocurrency community is increasingly optimistic about the approval of an XRP exchange-traded fund (ETF) in 2025. 

This sentiment is reflected in Polymarket, where bettors currently assign an 87% probability to the U.S. Securities and Exchange Commission (SEC) approving a spot XRP ETF by the end of the year.

87% chance of XRP ETF approval in 2025. Source: Polymarket

Ripple’s legal victory fuels optimism for XRP ETF approval

The newly gained confidence in an XRP ETF approval was sparked by the resolution of Ripple’s protracted legal battle against the SEC. With the lawsuit withdrawn, investors are confident that the key barriers previously preventing Ripple’s institutional adoption have been conquered.

Nate Geraci, president of the advisory firm ETF Store, said on X that the approval of an XRP ETF is next. Geraci said it was “obvious” that it was only a “matter of time” before the SEC approved it. He believes that asset managers like BlackRock and Fidelity would be involved in offering the asset.

According to the ETFStore President, XRP might see massive adoption if it gains regulatory approval from the SEC. This could make XRP the next altcoin after Ethereum to clinch an ETF.

XRP is currently occupying the fourth position in the cryptocurrency ranking by market cap and is about $2 billion away from claiming the third position from Tether.

Traders on Polymarket show high confidence in XRP ETF

Analysts agree with Geraci, pointing out that the current optimism for XRP ETF approval aligns with the shift in SEC policy. They argue that a regulatory green light for the ETF might not prove difficult with the U.S. now under a more crypto-friendly administration.

An XRP ETF would allow traditional investors to access XRP through regulated financial instruments, further contribute to its adoption, and create additional demand, liquidity, and stability for the price of XRP.

If approved, an XRP ETF will be a significant step forward for Ripple and the wider crypto market. It would act as an onboarding on-ramp for institutional investors, similar to what we witnessed with Bitcoin ETFs.

The average ETF would expose investors to positive exposure to XRP without holding the actual tokens, allaying any concerns regarding storage and security, and the need for law observance. It will also grant XRP legitimacy and thus take up space as one of the most relevant assets in the crypto space.

But while betting market Polymarket pegged the odds at an 87% chance that an XRP ETF would be approved by the end of the year, controversy surrounds the site itself. It is also accused of a governance attack, an alleged attack on its frontends by a whale holder of Universal Market Access (UMA) tokens.

It stems from a $7 million bet placed on whether U.S. President Donald Trump and Ukraine signed a mineral agreement between March 24 and 25. The incident has raised questions about the trustworthiness of certain prediction markets, even as Polymarket maintains its reputation for forecasting accuracy.

Despite this, the growing speculation around an XRP ETF highlights the increasing interest in regulated crypto investment vehicles, and its potential approval could serve as a game-changer for both XRP and the broader digital asset ecosystem.

Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
XRP Price Prediction: Fibonacci And Elliott Wave Analysis Suggests $15 By May 2025Egrag Crypto, a well-known crypto analyst on the social media platform X, recently shared an optimistic price prediction for XRP. According to the analyst, technical analysis of the XRP price on the
Author  NewsBTC
Dec 30, 2024
Egrag Crypto, a well-known crypto analyst on the social media platform X, recently shared an optimistic price prediction for XRP. According to the analyst, technical analysis of the XRP price on the
placeholder
Ripple (XRP) Price Sees a Surge, Solana Targets $600 in 2025 as Investors Increase Focus on New AltcoinThe cryptocurrency market is showing renewed momentum as Ripple (XRP) experiences a significant price surge, and Solana (SOL) sets its sights on a bold $600 target by 2025. Meanwhile, a rising altcoin, Lightchain AI, is capturing investor attention with its innovative ecosystem and strong presale performance, making it a compelling choice for forward-looking investors. Ripple […]
Author  Cryptopolitan
Jan 15, Wed
The cryptocurrency market is showing renewed momentum as Ripple (XRP) experiences a significant price surge, and Solana (SOL) sets its sights on a bold $600 target by 2025. Meanwhile, a rising altcoin, Lightchain AI, is capturing investor attention with its innovative ecosystem and strong presale performance, making it a compelling choice for forward-looking investors. Ripple […]
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Gold Price Forecast: XAU/USD attracts some sellers below $3,250 on firmer US DollarThe Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
Author  FXStreet
May 01, Thu
The Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
placeholder
Gold Price Forecast: XAU/USD edges higher to near $3,250 as trade questions lingerThe Gold price (XAU/USD) trades in positive territory near $3,245 during the early Asian session on Monday. The renewed concerns over the US recession and US-China trade relations provide some support to safe-haven assets like Gold.
Author  FXStreet
Yesterday 01: 29
The Gold price (XAU/USD) trades in positive territory near $3,245 during the early Asian session on Monday. The renewed concerns over the US recession and US-China trade relations provide some support to safe-haven assets like Gold.
goTop
quote