According to data provided by Polymarket, the potential for an XRP ETF exists consent By the US Securities and Exchange Commission in 2025 rose sharply.
At press time, Polymarket bettors see a 71% chance the XRP ETF will get the green light by the SEC this year. However, it should be noted that this market has a low volume of only $6,128, which is why the current odds should be treated with caution. The market was launched on January 1st.
The odds of the XRP ETF being approved by July 31 currently stand at 52%.
With just days remaining before the departure of SEC Chairman Gary Gensler, there is growing speculation about whether the SEC is ready to grant approval to more altcoin ETFs.
There is growing talk about Litecoin (LTC), one of the oldest alternative cryptocurrencies created as an offshoot of the Bitcoin network.
Nasdaq recently filed a regulatory filing seeking approval to list and trade shares of Canary Capital's Litecoin ETF.
New high for XRP
As reported by U.Today, the XRP token rose to a new record high following rumors about the US possibly creating a reserve with a basket of US coins like XRP.
Furthermore, Reuters recently reported that the SEC will likely drop some non-fraudulent cryptocurrency enforcement cases.
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