TL;DR
- So, the US SEC is still playing hard to get with those XRP ETF applications. But guess what? The approval odds on Polymarket just went through the roof! 🚀
- And why, you ask? Well, the SEC decided to drop a little update involving XRP and some other altcoins. Because why not keep us on our toes? 🙄
Polymarket Odds: Up, Up, and Away! 🎢
Our favorite XRP cheerleader, John Squire, just announced that the chances of a Ripple ETF getting the green light by year-end have skyrocketed to a whopping 98%! Can you believe it? Just a few weeks ago, we were wallowing in the 70s. Talk about a glow-up! 💅
But hold your horses! As of now, those odds have dipped to 88%. Still better than average, but with a July 31 deadline looming, they’re plummeting faster than my motivation on a Monday morning—down to 17%! 😩
$XRP ETF confidence soars to 98%
The market isn’t guessing anymore, it’s anticipating.
Liquidity, legitimacy, and momentum are lining up. This is no longer “if”… it’s when.
— John Squire (@TheCryptoSquire) June 7, 2025
Now, why should we care about Polymarket odds? Well, they’ve got a success rate that’s more impressive than my last Tinder date—around 90%! 🎉
Why the Odds Went Bonkers 🤯
So, this sudden surge from 80% to nearly 100% in a day? Not just a fluke! It happened right after the SEC approved a NASDAQ crypto US settlement price index, which includes our beloved XRP and its altcoin buddies like ADA, SOL, and XLM. Talk about a party! 🎊
Crypto experts are buzzing because this means these assets are swimming in liquidity and have reliable pricing. Basically, it’s like getting a VIP pass to the ETF approval club! 🥳
BREAKING:
SEC APPROVES NASDAQ CRYPTO US SETTLEMENT PRICE INDEX INCLUDING $SOL, $ADA, $XLM, AND $XRP.
HERE’S WHY THIS IS HUGE!
– SEC SIGNALS THESE ALTS HAVE STRONG LIQUIDITY & RELIABLE PRICING.
– REMOVES KEY OBSTACLE FOR SPOT ETF APPROVAL.
— Crypto Rover (@rovercrc) June 7, 2025
But wait! Not all altcoins are basking in the glory. The approval odds for ADA and SOL ETFs didn’t get the same love. Cardano’s chances have dropped to 42% from 70%, while Solana is hanging in there at 79%. Still, not quite the party we were hoping for! 🎭
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2025-06-08 11:10