The odds of an XRP exchange-traded fund (ETF) receiving approval from the U.S. Securities Exchange and Commission (SEC) have skyrocketed to 93%, as per Polymarket data. The large increase in confidence suggests that many crypto investors and traders are getting more hopeful that there will soon be better understanding of crypto regulations.
Much of this confidence stems from soon-to-be concluded legal disputes between Ripple and the SEC. Now that the uncertainty around XRP’s security status appears to be resolved, people in the market think it’s simpler for an Ripple ETF to be approved. It is thought that the SEC approval will come by the end of 2025.
Crypto index fund manager Bitwise applied for an XRP ETF a little more than eight months ago when the legal status of XRP was still unclear. Since that point, conditions have evolved. However, there are also rumors going on that BlackRock would soon file for a spot XRP ETF, which solidified the community’s hopes towards a speedy approval.
Even so, the SEC still has not made a decision on numerous applications which include those from Grayscale and Franklin Templeton. An SEC review of above-mentioned filings may take up to 240 days, involving the receiving of public reviews and studying market trends.
XRP futures on the CME Group were launched on May 19, 2025 which only added to the positive trend in Ripple. Executive Tim McCourt praised the use of XRP, showing more institutions are paying attention to the asset. Futures trading together with an ETF approval could help XRP break into the main financial markets.
At the time of reporting, XRP price had increased 1.78% to a price of $2.25 compared to the previous 24 hours. With investors expecting changes, everyone’s watching to see what the SEC will do next.
Also Read: Ripple’s XRP Ledger is more than Just XRP: David Schwartz