- XRP ETF approval odds reach 83%, up 13% this week on Polymarket.
- First XRP futures ETFs launched on Nasdaq and CME.
- Ripple CEO supports ETFs as a bridge to institutional access.
As institutional demand for XRP continues to rise, expectations for a U.S.-approved XRP exchange-traded fund (ETF) have climbed significantly. According to decentralized prediction platform Polymarket, the odds of a spot XRP ETF receiving regulatory approval now stand at 83%, up from 70% earlier this week despite ongoing delays by the U.S. Securities and Exchange Commission (SEC).
This spike in approval expectations shows a growing confidence of investors and institutions, rising on recent developments in the XRP futures market and endorsements of top executives at Ripple.
ETF Momentum Gets the Support
With this increased approval rate for the XRP ETF, a general movement supporting the integration of crypto assets with regulated financial markets seems to gain traction as well. Bitwise, Grayscale, CoinShares, and Franklin Templeton are just a few of the major asset managers with pending XRP ETF applications awaiting the SEC’s review.
While delays are not uncommon, industry analysts are eyeing October 2025 as the next key milestone for final decisions from the SEC.
Adding to the momentum, XRP futures ETFs have debuted on top trading platforms, including the Nasdaq and CME Group. Volatility Shares launched the first-ever XRP futures ETF on Nasdaq under the ticker XRPI, and CME followed with its own XRP-linked derivatives. This is a significant milestone, offering institutions regulated exposure to XRP’s price movement.
Ripple CEO: ETFs Fuel Accessibility
Ripple CEO Brad Garlinghouse has been a vocal supporter of ETF developments. Speaking on the company’s podcast Crypto in One Minute, Garlinghouse emphasized how ETFs simplify access for institutional investors:
“Wall Street and other institutional investors have struggled to directly access crypto markets. ETFs now let them gain exposure through regulated financial products.”
He also highlighted the speed at which Bitcoin ETFs gained traction:
“The Bitcoin ETF hit $1 billion in assets faster than any ETF in history. It’s a clear signal that demand is there.”
Garlinghouse believes XRP could follow a similar path, and the launch of leveraged XRP ETFs, such as Tectrium’s 2x Long Daily XRP ETF, further indicates growing institutional interest.
While the SEC still is hesitant to allow new spot crypto ETFs, the tide certainly is shifting. Success with the Bitcoin and Ethereum ETFs has set the blueprint for XRP and other digital coins. Investors are growing more confident that the SEC will ultimately approve XRP ETFs, offering another entry point for institutions and individual investors alike.
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