The prospect of a spot XRP ETF launch has intensified, with Germany’s Frankfurt Stock Exchange expressing active interest and suggesting potential approvals by October. The rise in probability comes on the back of several factors: applications from firms scheduled for decision dates in October, increased institutional interest in XRP, and positive market trends. This excitement is reflected in Polymarket, which recorded a surge in XRP ETF expectations, pushing probabilities to over 90%. However, analysts are cautioning against expecting immediate outcomes, as past examples like Ethereum ETFs highlight the potential volatility of price fluctuations post-approval. With XRP prices already showing signs of a bullish move, reaching $2.97 this week, and breaking through key resistance levels, many expect the ripple effect from potential ETF approvals to further propel XRP’s price.