XRP Spot ETF Approval Odds Are Climbing as SEC Reviews WisdomTree Filing

Investor confidence is rising around the potential approval of a spot XRP exchange-traded fund (ETF), with prediction markets now placing the likelihood at 83%, according to data from Polymarket.

The spike in optimism follows the U.S. Securities and Exchange Commission’s decision to officially begin evaluating a proposal for the WisdomTree XRP Trust, submitted by Cboe BZX Exchange.

This marks the first time a spot XRP ETF has entered formal review in the U.S., potentially opening the door for wider adoption of XRP via traditional financial platforms.

If approved, the ETF would offer exposure to the real-time price of XRP through the CME CF Ripple-Dollar Reference Rate, enabling investors to gain access without the need for crypto wallets or direct token management.

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The SEC launched the review process under Notice No. 34-103124, giving the agency up to 240 days to reach a decision. A green light from regulators would not only be a milestone for Ripple but could also encourage similar filings for other altcoins.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.