XRP ETF Approval Odds Soar to 86% as Ripple Nears SEC Settlement

Optimism surrounding a potential XRP ETF is surging as Ripple approaches a settlement with the SEC. On March 26, ETF Store President Nate Geraci suggested that regulatory approval for an XRP ETF might be imminent, especially with Ripple's legal challenges nearing resolution. He anticipates major asset managers like BlackRock and Fidelity, which collectively manage over $15 trillion in assets, could offer XRP-based investment products. XRP's current position as the third-largest non-stablecoin crypto by market cap makes it attractive to institutional investors. Crypto bettors on Polymarket are assigning an 86% probability of SEC approval for an XRP ETF by the end of 2025. Last week, Ripple CEO Brad Garlinghouse announced the SEC had withdrawn its appeal. On March 25, Ripple's Chief Legal Officer Stuart Alderoty confirmed the company would pay a $50 million fine and drop its cross-appeal. The settlement includes lifting a court order that previously barred Ripple from selling XRP to institutional investors, pending SEC Commissioner and court approval.