XRP Traders Grow Confident as ETF Approval Odds Hit 85%

By: bitcoin ethereum news|2025/05/02 22:30:02
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Optimism is surging in the XRP community as the odds of a Spot XRP ETF approval by the end of 2025 have jumped to 85%, up from just 65% two months ago. This growing confidence comes amid a shift in sentiment around the U.S. Securities and Exchange Commission (SEC), with expectations of more crypto-friendly leadership shaping policy decisions. According to data from Santiment, trader sentiment reflects a bullish stance, even as the SEC recently postponed a decision on Franklin Templeton’s XRP ETF proposal to June 17. Despite this delay, the consensus is that institutional money could soon flow into XRP once ETFs are greenlit, potentially marking a turning point for mainstream financial adoption. Social media data suggests XRP’s overall mention volume has been declining in recent months. However, the ratio of bullish to bearish commentary is steadily climbing, indicating that those who remain engaged are more confident than ever. Even with XRP dipping below $2.20, sentiment among traders and technical analysts remains firmly optimistic. The increased chatter around ETF approval is also being supported by growing interest from asset managers like Grayscale and Bitwise. If the trend continues, XRP could be poised for a significant breakout in the coming months. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/xrp-traders-grow-confident-as-etf-approval-odds-hit-85/

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