XRP is once again making headlines as the odds of a Spot XRP ETF approval by the U.S. Securities and Exchange Commission (SEC) have climbed to an impressive 95%. Bloomberg analysts James Seyffart and Eric Balchunas shared the latest outlook, placing XRP among the top contenders for approval alongside Litecoin and Solana.
Several firms including Grayscale, Bitwise, Canary, 21Shares, WisdomTree, CoinShares, and Franklin have submitted applications for a Spot XRP ETF. The first official filing was made on January 30, 2025, and the SEC acknowledged it…