Investor Optimism Rises for SEC Approval of XRP ETFs

Investors are anticipating a soon-approaching decision from the U.S. Securities and Exchange Commission (SEC) regarding XRP-based exchange-traded funds (ETFs). Recent data from Polymarket suggests a strong 83% probability of approval, reflecting the heightened market sentiment surrounding this development. While the SEC has yet to make an official decision on these applications, which are being submitted by industry giants like Bitwise, Franklin Templeton, CoinShares, and Grayscale, optimism remains high.