XRP ETF Approval Odds Surge to 90%, Sparking Market Optimism

The crypto market is closely watching what could be its next major catalyst: the potential approval of a U.S.-based spot XRP ETF in 2025. Speculators on Polymarket now give it a 90% chance of approval by year-end, up from 70% just weeks ago. This surge in confidence reflects rising investor optimism as ETF-related chatter intensifies.

Currently, Bitcoin and Ethereum dominate the ETF landscape, but XRP’s inclusion could challenge that dominance. If approved, an XRP ETF would be traded on traditional stock exchanges, offering investors exposure without the need to manage private wallets or engage directly with crypto exchanges. This user-friendly model is expected to attract both retail investors and institutional capital, increasing liquidity and long-term stability for XRP.

Market volume around the prediction has exceeded $95,000, signaling strong sentiment shifts. While the U.S. SEC recently announced a 35-day delay on the decision, it simultaneously opened a public comment period for both the spot XRP and Solana ETFs, proposed by Franklin Templeton. The delay adds tension but also buys time for support to build.

In Canada, the landscape is already shifting, with 3iQ launching a zero-fee XRP ETF on the Toronto Stock Exchange—raising the stakes for U.S. regulators to follow suit. Analysts say the next few months are critical, with price volatility expected to rise as the decision date nears.

For traders, this creates short-term opportunities. For long-term investors, ETF approval could mark a turning point, not only for XRP but for altcoins more broadly. As crypto continues evolving into regulated financial products, XRP’s ETF momentum may signal a new phase in mainstream digital asset adoption.