The odds of a spot XRP exchange-traded fund (ETF) receiving SEC approval have jumped to 83%, up from 70% this week, according to Polymarket. This surge reflects growing confidence in the market and heightened institutional interest. Recent developments in the XRP futures market and endorsements from key figures at Ripple have fueled these expectations. XRP futures ETFs launched on Nasdaq and CME Group, offering institutions a regulated way to track price fluctuations. Ripple CEO Brad Garlinghouse has been vocal in his support for ETFs, arguing they simplify access for institutional investors looking to enter the crypto space. He highlights the success of Bitcoin ETFs as a blueprint for XRP’s future adoption.