Polymarket users estimate an 82% probability of XRP ETF approval by 2025, with market sentiment bolstered by recent developments.
Polymarket Speculations on XRP ETF
Polymarket activity shows growing confidence in XRP ETF approval, reaching 82%. This coincides with regulatory changes and SEC discussions regarding the Ripple case.
Increasing XRP ETF Filings
Grayscale has filed to convert its XRP Trust into a complete ETF, aiming to offer investors more regulated access to the token. The firm joins several others in submitting similar applications.
Ripple's Legal Challenges with SEC
The Ripple case with the SEC continues. Despite partial dismissal, the process is ongoing, potentially impacting XRP's future as an ETF asset.
The approval of an XRP ETF by 2025 remains a discussion point, with market closely observing regulatory actions and legal aspects of the Ripple case.