Crypto Spot ETFs: Over 70% Approval Odds for $XRP & Altcoins
Key Highlights:
* The U.S. SEC has delayed decisions on several crypto spot ETFs, including those for $ADA and XRP.
* Polymarket predicts strong chances of ETF approvals in 2025, with XRP at 83% and Solana (SOL) around 80%. $DOGE follows closely behind with a 68% probability.
* WisdomTree's spot XRP ETF has entered a 21-day public comment period, signaling potential progress.
XRP leads with an 83% chance, followed closely by Solana at approximately 80%. Dogecoin, Cardano, and Litecoin also show promising probabilities exceeding 68%.
These optimistic forecasts come amid a series of SEC postponements. Franklin Templeton's proposed spot XRP ETF decision has been deferred to June 17, 2025.
Polymarket Predicts High Approval Odds for Altcoin ETFs
Despite regulatory delays, the crypto community remains optimistic about approving spot ETFs for major altcoins.
Polymarket, a decentralized prediction platform, suggests a substantial likelihood of approvals in 2025.
21Shares has submitted a filing for a Dogecoin ETF. WisdomTree's spot XRP ETF is in a 21-day public comment period, reflecting ongoing regulatory discussions.
Investor Confidence
The rising probabilities in prediction markets show growing investor confidence in approving these ETFs. Such developments could pave the way for increased institutional participation and broader adoption of cryptocurrencies.
