Crypto expert Amonyx (@amonbuy) reports a dramatic increase in confidence regarding the approval of a spot XRP Exchange-Traded Fund (ETF). Data from Polymarket suggests an impressive 84% probability of approval. This surge reflects positive market developments shaping the future of cryptocurrency investment products. Amonyx shared this optimistic outlook via Twitter: ‘🚨BULLISH ALERT! 🚨XRP ETF confidence soars to 84% 🔥 pic.twitter.com/Z0jVH1FBWL – Amonyx (@amonbuy) May 28, 2025’, highlighting the significant impact of the recent XRP futures launch by CME. This development marks the first time a major derivatives platform has offered XRP-linked products, allowing traders to engage with the asset’s price movements without directly holding it. CME’s introduction of XRP futures strengthens XRP’s regulatory credibility and paves the way for spot ETF approvals. Institutional investors are actively seeking spot XRP ETFs with over ten applications currently pending review by the SEC. Notable firms like Bitwise, Grayscale, 21Shares, Canary Capital, WisdomTree, CoinShares, and Franklin Templeton have applied for these products. While decisions are staggered with some expected soon and others extending into October 2025, market observers speculate early approvals are possible given the current momentum. Similar to leveraged XRP ETFs launched by Teucrium, which experienced strong demand and successful product adoption, this positive trend indicates robust market anticipation for spot ETF approval. The convergence of CME’s futures launch, multiple pending applications, regulatory clarity, and surging market interest points towards a bullish outlook for XRP. The approval of spot ETFs could be the final catalyst needed to propel XRP prices into a surge.