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XRP

Latest XRP ETF Approval Odds Revealed by Bloomberg

by admin June 20, 2025

Bloomberg has increased the odds of spot-based XRP exchange-traded funds (ETFs) being approved in 2025 to 95% in the latest update.

This comes amid increasing engagement from the U.S. Securities and Exchange Commission (SEC), which is viewed as an encouraging sign for ETF issuers.

As reported by U.Today, Bloomberg analysts previously estimated that the probability of XRP ETFs being greenlit this year stood at 85%.

The latest update shows that the proposed ETF products that track Litecoin (LTC) and Solana (SOL) also stand at 95%. They were previously at 90%.

Odds of SOL, LTC, XRP ETF approval stand at 95%: analysts

by admin June 20, 2025

The chances of the U.S. Securities and Exchange Commission approving spot cryptocurrency exchange-traded funds for Solana, Litecoin and XRP in 2025 have increased to 95%, Bloomberg ETF analysts James Sayffart and Eric Balchunas say.

Seyffart and Balchunas shared the new forecasts in an updated outlook posted on X on June 20,2025.

As well as the high odds for a SEC approval for Solana (SOL), Litecoin (LTC) and XRP (XRP), other crypto ETF filings also have high chances of approval in 2025.

These include Dogecoin, Cardano, Avalanche, Hedera and Polkadot at 90% chances of approval in 2025.

Seyffart and Balchunas also assigned a 95% probability of approval within the next six months to crypto basket or index ETF filings by Grayscale, Hashdex, Bitwise, and Franklin Templeton. Notably, many of these applications are approaching their final SEC deadlines in early July.

SEC’s positive engagement key

Seyffart notes that their decision to raise the odds that the regulator gives a nod to most of the spot crypto ETF filings is down to “engagement from the SEC.” The ETF analysts see developments as “a very positive sign.”

The SEC has already acknowledged the 19b-4 forms for these applications and likely views the underlying altcoins as commodities, the analysts noted. They also pointed to Commodity Futures Trading Commission-regulated futures markets that already exist for many of these assets.

As for timing, analysts say approvals could arrive within weeks or closer to final deadlines later this year. Most applications have their final SEC decision dates in October and November.

“The timing of these approvals/launches is more uncertain,” Seyffart wrote on X. “Could be something we’re talking about in the next month or two. Or it could be something that waits until October or later.”

Despite the uncertainty around timing, the ETF experts believe it’s a “matter of when, not if.”

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June 20, 2025 0 comments

GameFi Guides

$3,950,000,000 XRP in 24 Hours, Big Twist in Futures Market

by admin June 20, 2025

XRP has recorded a bullish twist as investors bet on the asset’s futures market. This has sparked traders to commit $3.96 billion for over 1.8 billion XRP in the last 24 hours. According to CoinGlass data, the fiat currency has seen up to 1,820,000,000 XRP wagered on the futures market.

Futures spike sparks XRP price recovery

This is an uptick of 0.92% in open interest. Open interest represents the number of investors’ open futures or options contracts in XRP and fiat currency. The slight increase suggests investors have reawakened interest in the asset.

XRP Ledger milestone and ETF optimism

Despite this caution, XRP’s resilience is shining through as the network shows the potential to catalyze a sustained recovery. The XRP Ledger recently reached a significant milestone in network activity, processing over 12 million transactions in 24 hours.