Traders on Polymarket Are Doubling Down on XRP’s ETF Approval

Despite regulatory hesitation, confidence is mounting around the launch of a spot XRP ETF.

Prediction markets now reflect an 83% chance of approval—up sharply from 70% just days ago—even as the U.S. Securities and Exchange Commission pushes final decisions into the fall.

The rising optimism hasn’t been dampened by the SEC’s routine delays affecting major players like Grayscale, Bitwise, and Franklin Templeton. Analysts familiar with the review process say this kind of stall is typical and doesn’t necessarily reflect opposition.

Behind the scenes, institutions are preparing for the inevitable. Ripple CEO Brad Garlinghouse recently highlighted how ETFs are bridging the gap between crypto and traditional finance, offering exposure through familiar, regulated products rather than wallets and exchanges. He pointed to the explosive growth of Bitcoin ETFs as evidence of investor appetite.

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While a spot product for XRP is still pending, futures-based offerings are already gaining ground. Volatility Shares launched the first XRP futures ETF on Nasdaq, and CME followed with its own product. Meanwhile, leveraged instruments like Tectrium’s 2x long XRP ETF are adding momentum.

With more institutional-grade tools entering the market, XRP’s integration into the mainstream financial system may be closer than it seems—whether or not the SEC gives its blessing in the near term.

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.