Ripple Effect: Surging XRP ETF Optimism Follows SEC Legal Retreat

In January 2024, the U.S. Securities and Exchange Commission (SEC) cleared the way for multiple spot bitcoin ( BTC) exchange-traded funds (ETFs), followed by ethereum ( ETH) ETFs in July. These approvals marked pivotal moments for digital asset accessibility, aligning with broader shifts in regulatory scrutiny.

Since Donald Trump assumed the 47th presidency, a wave of alternative crypto asset ETF registrations has flooded the SEC’s pipeline, encompassing XRP, LTC, HBAR, SOL, ADA, MOVE, APT, DOT, and SUI. A Polymarket wager currently reflects an 87% probability that a spot XRP exchange-traded fund (ETF) will be greenlit by 2025, nearing the bet’s highest confidence level since its inception.

This optimism surged after it was revealed that the SEC was dismissing its lawsuit against Ripple Labs, a decision that sharply elevated market expectations.

Separately, a Polymarket bet tracking a potential cardano ( ADA) ETF approval in 2025 shows a 61% likelihood as of March 23. Grayscale submitted an application with the SEC for a spot ADA ETF.

Litecoin ( LTC) is also on the platform, with a $33,577-traded bet reflecting a 68% probability of an LTC ETF approval as of March 23. Firms like Coinshares, Canary Capital, and Grayscale are competing to secure regulatory clearance for an LTC product.

Meanwhile, a solana ( SOL) ETF proposal, backed by a $104,793-volume Polymarket wager, holds an 87% approval probability according to bettors. A roster of financial firms, including Vaneck, Grayscale, 21shares, Bitwise, Franklin Templeton, and Canary, are seeking to debut a SOL ETF.

Notably, the prediction marketplace hosts no active bets for DOT, HBAR, MOVE, APT, or SUI ETFs. The growing interest in crypto ETFs highlights a pivotal shift toward mainstream adoption, driven by regulatory clarity and institutional backing.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。