What’s next for XRP price as ETF approval chances hit 87%?
The post What’s next for XRP price as ETF approval chances hit 87%? appeared on BitcoinEthereumNews.com.
XRP price rose by 2.5% on Tuesday, Sept. 2, erasing some of the losses from the past few days. This rebound could be the start of more gains as Ripple ETF odds continue rising. Summary XRP price may rebound as the odds of a spot ETF approval jumps. The SEC has set an October deadline for some of these ETFs. Technical analysis points to more gains in the coming weeks. Ripple (XRP) token rose to $2.82, up a bit from this week’s low of $2.6958. It remains down by 23% from the year-to-date high. XRP price could rebound as ETF approvals jump XRP could rise in the coming weeks as the deadlines for several exchange-traded funds near. The Grayscale XRP ETF deadline is on Oct. 18, while the Canary ETF deadline is Oct. 24. The SEC has already postponed these ETFs several times, meaning that it may decide to approve them in October. As the agency did with the spot Bitcoin and Ethereum ETF approvals, it will likely approve all of them at the same time to avoid giving one an advantage. A Polymarket poll with $150,000 in assets shows that the odds of approval have jumped to 87% from the August low of 64%. This is a sign that most participants expect that approval will happen by the end of the year. An XRP ETF approval would boost its price because of robust demand for XRP-related assets. For example, the recently launched CME Futures have already attracted over $1 billion in open interest, making the contract the fastest to reach that milestone. Similarly, the already available XRP ETFs by companies like Teucrium and ProShares have received millions of dollars in assets. There is also substantial demand for crypto ETFs, as evidenced by the performance of Bitcoin and Ethereum funds.…
Filed under: News - @ September 3, 2025 1:27 am