#SECETFApproval The US Securities and Exchange Commission (SEC) is reviewing several applications for XRP Exchange-Traded Funds (ETFs). Here are the latest developments¹ ² ³:

- *WisdomTree's XRP ETF Application*: The SEC began reviewing WisdomTree's proposed spot XRP ETF in May 2025, sparking optimism and driving XRP's price to $2.30. The ETF aims to mirror the price of XRP via the CME CF Ripple-Dollar Reference Rate.

- *CoinShares XRP ETF*: Nasdaq has sought SEC approval to list and trade CoinShares' XRP ETF, which would allow investors to access XRP through traditional brokerage accounts.

- *ProShares XRP Futures ETF*: The SEC approved ProShares' XRP futures ETF in April 2025, enabling investors to trade contracts rather than actual XRP.

- *Approval Odds*: Bloomberg analysts estimate an 85% probability of XRP ETF approval, while Polymarket data shows a 92% chance of approval by year-end.

These developments indicate a potential shift in the SEC's stance on crypto ETFs, possibly paving the way for broader institutional access to XRP.