XRP Rallies on Soaring ETF Approval Expectations

Following a brief 5% dip triggered by underwhelming U.S. GDP data, XRP is regaining bullish momentum amid growing optimism surrounding the approval of a spot XRP exchange-traded fund (ETF) in the United States. With approval odds now rising to 85%, many analysts believe XRP could reach new all-time highs in 2025.

ETF Approval Odds Surge

Bloomberg ETF analysts report that the likelihood of regulatory approval for a spot XRP ETF has jumped from 65% to 85%, spurred by a recent leadership change at the U.S. Securities and Exchange Commission (SEC). Several prominent firms—including Grayscale, 21Shares, WisdomTree, Bitwise, Canary, and Franklin Templeton—have active applications under SEC review.

Betting markets reflect this growing confidence. On Polymarket, traders now assign an 80% chance of XRP ETF approval by December 31, up from 63% just a week ago. A key recent development came on April 29, when the SEC delayed its decision on Franklin Templeton’s XRP ETF, rescheduling the next review for June 17.

Analysts suggest that a green light from regulators would unlock significant institutional investment, enhance market liquidity, and accelerate mainstream adoption of XRP.

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