Polymarket indicates an 82% chance for XRP ETF approval in 2025. This follows sentiment changes after President Donald Trump’s new administration, suggesting the potential for XRP to become the third cryptocurrency approved after Bitcoin and Ethereum.
XRP is currently trading at 3.02 USD, with a notable trading volume drop of 51.37% over the past period. This decline highlights the market’s reaction amidst expectations of ETF approval.
Major asset managers, including Bitwise and WisdomTree, have filed applications for XRP ETFs. The ongoing legal discussions between Ripple and the SEC are significant factors influencing these ETF considerations.