Confidence in a spot XRP ETF approval has soared to 83%, driven by heightened investor interest despite persistent SEC delays. With major players like Grayscale and Franklin Templeton awaiting regulatory decisions anticipated by October, the crypto market is abuzz. Ripple’s CEO, Brad Garlinghouse, emphasizes ETFs as a gateway for institutional adoption, citing their rapid success in Bitcoin markets. The debut of the XRP futures ETF on Nasdaq and other innovative investment products signals mounting institutional enthusiasm, setting the stage for a potential breakthrough in XRP ETF approvals.
