XRP ETF Approval Odds Rise to 83% Despite US SEC Delay – Crypto News – Crypto News
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XRP ETF Approval Odds Rise to 83% Despite US SEC Delay – Crypto News

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The odds of an XRP exchange-traded fund (ETF) approval have risen by 13% this week, reaching 83%, despite a recent delay from the U.S. Securities and Exchange Commission (SEC) on Polymarket. XRP ETF Approval Odds Surge 13% According to prediction market platform Polymarket, expectations for an XRP spot ETF approval have increased sharply. As of this week, the odds sit at 83%, up from 70% just days earlier. This rise comes even though the US SEC has delayed decisions on several XRP ETF filings. Bitwise, CoinShares, Franklin Templeton, and Grayscale are among the asset managers waiting for the SEC’s final ruling on their applications. The delays were widely expected, and analysts now point to October as the likely timeframe for decisions. The ETF community has noted that such postponements are standard during the review process. The most recent delays follow similar actions by the SEC in May, when it extended… Read More at Coingape.com

The post XRP ETF Approval Odds Rise to 83% Despite US SEC Delay appeared first on CoinGape.

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