As of March 22, 2025, anticipation is building around the potential approval of $XRP -focused exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has received applications from firms such as 21Shares, Bitwise, Canary Capital, and WisdomTree to launch XRP ETFs. This surge in interest follows the SEC's recent decision to drop its lawsuit against Ripple Labs, providing regulatory clarity for XRP.
Prediction markets reflect growing optimism, with Polymarket indicating a 70% chance of XRP ETF approval in 2025, a 20% increase over the past 24 hours. This sentiment is bolstered by the appointment of Paul Atkins, a crypto-friendly figure, as the new SEC Chairman under President Donald Trump's administration.
