Crypto expert Amonyx (@amonbuy) recently highlighted a significant rise in confidence surrounding the approval of a spot XRP Exchange-Traded Fund (ETF), citing data from Polymarket that places the probability of approval at 84%. This surge in optimism reflects a series of regulatory and market developments that position XRP favorably within the evolving landscape of cryptocurrency investment products. BULLISH ALERT #XRP ETF confidence soars to 84% pic.twitter.com/Z0jVH1FBWL — Amonyx (@amonbuy) May 28, 2025 The recent launch of XRP futures by the Chicago Mercantile Exchange (CME) was a pivotal moment for everyone anticipating spot XRP ETFs. CME’s introduction of XRP futures marks the first time this major derivatives platform has offered XRP-linked products, allowing traders to engage with the asset’s price movements without holding it directly. This development is essential because regulated futures markets have historically paved the way for spot ETF approvals, as seen with Bitcoin and Ethereum ETFs. Many market participants believe XRP will follow a similar path and see spot ETF approval on the horizon. The presence of XRP futures on CME strengthens the asset’s regulatory credibility and provides a foundation for issuers to advocate for spot ETF approval. Institutional Desire for Spot XRP ETFs Beyond futures, there is a growing number of spot XRP ETF applications under SEC review. More than ten applications are currently pending, with notable firms such as Bitwise, Grayscale, 21Shares, Canary Capital, WisdomTree, CoinShares, and Franklin Templeton among the applicants. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 These applications have staggered decision dates, with some expected soon and others extending into October 2025. The SEC’s regulatory window allows up to 240 days for decisions, but market observers speculate that approvals could come sooner, given the momentum and excitement among market participants. Similar Products Show Huge Anticipation for Spot ETFs The launch of leveraged XRP ETFs, such as the recent offering by Teucrium, has demonstrated strong market demand and successful product adoption. Teucrium reported its XRP ETF launch as the most successful in its history , showing the community’s enthusiasm and the potential for spot ETFs to perform even better once approved. The convergence of CME’s futures launch, multiple pending ETF applications, regulatory clarity, and robust market interest has created a bullish environment for XRP. XRP is in a good spot, with multiple developments pointing toward a “bullish explosion,” and the approval of spot ETFs could be the final catalyst needed to kick off the price rally. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Spot XRP ETF Approval Confidence Rises Massively appeared first on Times Tabloid .
