Trump’s SEC Team Boosts Spot XRP ETF Approval Odds to 70%

• Polymarket states that XRP ETF approval chances this year stand at 70%.
• XRP has surged 12% in the past week and trades at $2.45.
• XRP RSI on the weekly chart shows that the altcoin is overbought.

The digital asset market may see the debut of a spot exchange-traded fund (ETF) for XRP in 2025, with the pro-crypto Trump administration taking office. Approval of this product may bring significant capital into XRP, allowing a broader range of investors to access its price trends through ETFs.

The likelihood of spot XRP ETF approval in the United States by 2025 stands at 70%, according to Polymarket, a cryptocurrency-based prediction platform. The digital asset community also anticipates more altcoin ETF filings soon.

Read also: XRP Price Surge Prediction: Analyst Sees 50% Breakout Potential

The Securities and Exchange Commission (SEC), led by Gary Gensler, rejected altcoin ETF applications, including a spot Solana ETF in August 2024. However, the agency approved Bitcoin and Ethereum ETFs earlier that year, in March and M…

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