Monica Long, Ripple president, indicates that an XRP ETF could follow Bitcoin and Ethereum ETFs by 2025. With XRP not classified as a security for public trades, but scrutinized for institutional sales, there’s a focus on potential legal clarifications through Coinbase’s ongoing lawsuit which may affect its approval prospects.

Polymarket suggests a significant 70% chance for XRP ETF approval this year. Canary Capital and others have already applied, hopeful for expedited approval. Despite the U.S. District Judge ruling in favor of XRP in 2023, legal aspects remain under review. The market remains optimistic about the potential approval of several altcoin ETFs in 2025.