XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85%

Quick Summary:

A Dune Analytics dashboard studying the accuracy of Polymarket bets showed that the platform had been accurate by over 90% a month before betting markets were resolved. Related: SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFiXRP price only surged by 5% as the SEC battle endsDespite being a huge milestone, the end of the multi-year legal battle between Ripple and the SEC failed to move the markets significantly.

Geraci said it was “obvious” that it’s only a “matter of time” before the SEC approves an XRP ETF. The executive predicted that asset managers like BlackRock and Fidelity would be involved in offering the asset. Polymarket punters give 86% odds to XRP ETF approval in 2025Aside from Geraci, users on the crypto betting platform Polymarket also expect approval for an XRP ETF in 2025.

Crypto community members are growing more optimistic about an XRP exchange-traded fund (ETF) approval following the resolution of a multi-year legal battle between Ripple and the United States Securities and Exchange Commission (SEC). On March 19, Ripple CEO Brad Garlinghouse announced the case had concluded.

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Article Details

Author / Journalist: Cointelegraph by Ezra Reguerra

Category: Crypto

Markets: United States

Topics: March Users Geraci Asset Betting Ripple Approval Polymarket Been Crypto Approved

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 14:07:23 (5 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27353961

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