XRP ETF Nears Approval SEC Weakens

Investor Optimism for XRP Spot ETF Rises Despite SEC Delays

• Polymarket data indicates an 83% chance of XRP spot ETF approval.
• The SEC often takes up to 240 days to review filings, with current deadlines in October.
• XRP futures contracts launched on May 19 by the Chicago Mercantile Exchange.
• Volatility Shares listed an XRPI futures ETF on Nasdaq shortly after the CME launch.
• Ripple CEO emphasized ETFs allow Wall Street access to crypto without exchanges or wallets.

The likelihood of an XRP spot ETF approval stands at 83%, yet the SEC’s extended review process suggests any decision is unlikely before October. Meanwhile, interest in XRP futures products continues to grow among institutional investors.