Crypto Fans Are Basically Holding Their Breath (or Just Sneezing… a Lot)

So, apparently, the big news in the crypto world is that XRP ETF approval odds are now above 90%. Because nothing says “trust us, we’re gonna make it” like a wildly fluctuating percentage on Polymarket. Investors are feeling so confident, they’re probably betting on it with their rent money. 🤑

Meanwhile, major firms are rushing to file for XRP ETFs like they’re trying to win a limited-edition Pokémon card. It’s basically a free-for-all, and the market’s buzzing with excitement. Just what we needed—more excitement to distract us from the fact that 70+ ETF applications are still sitting in the SEC’s inbox, probably collecting dust.

Is XRP About to Get Its Moment in the Sun?

Yes, because Ripple’s XRP has been on a rollercoaster: legal wins, regulatory clarity—what’s next? Maybe a parade? The approval odds just jumped to a *stunning* 93% for 2025. That’s like believing your crush will text you back after ghosting you for a week. But hey, confidence is high!

Last week, kind of like a sad puppy, the SEC delayed the decision on Grayscale’s XRP ETF. Approval odds dipped to 83%, but don’t worry—it’s basically just a pause before they say “yes.” Think of it as the bad waiter forgetting your order but promising it’s coming soon. 🤷‍♀️

Why Is Everyone So Sure?

Turns out, lots of big names are begging the SEC for a green light—Bitwise, 21Shares, Canary Capital, Grayscale, Franklin Templeton. It’s like a celebrity fan club, but for ETFs. Plus, CME Group launching XRP Futures ETF in mid-May was basically like putting a shiny bow on the whole thing.

And let’s not forget, XRP is currently chilling at $2.23 after a modest 1.66% bump—because obviously, this is the market’s version of a high-five. 👏

But don’t get too excited yet. Legal clarity still has to be the deciding factor—think of it as the parent deciding if you get ice cream or not. 🍦

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2025-06-04 16:09