The chances of XRP spot ETF approval in the U.S. by December 2025 are high, with Polymarket traders estimating a 78% chance. Bloomberg analysts estimate the approval chances for leading altcoin ETFs, such as XRP, at 75-80%, viewing delays as procedural, rather than flat rejections.
There are some reasons why this optimism exists. SEC Chairman Paul Atkins' crypto-friendly outlook has hastened ETF approvals, and regulatory reforms following Ripple's March 2025 court victory have eliminated obstacles for XRP-based products. The SEC's approval of ProShares' XRP futures ETFs is a validation of institutional appetite.
Several large players have filed for XRP spot ETFs, including Franklin Templeton, Grayscale, WisdomTree, Bitwise, and 21Shares. While a specific 85% approval rate of five XRP spot ETFs is not quoted directly, the overall expectation is one of high hopes for several approvals by late 2025.


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