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Sujit Kumar
Feb 11, 2025
by Sujit Kumar

XRP ETF Approval Odds Fall to 65%, Research Warns

XRP ETF Approval

Table of contents

  1. Contrasting Market Sentiments
  2. XRP’s Market Performance
  3. Regulatory Hurdles and Investor Caution
Despite bullish claims from Ripple CEO Brad Garlinghouse that an XRP ETF approval is inevitable, new research by renowned ETF analyst Eric Balchuas paints a more cautious picture. In a recent analysis, Balchuas argues that XRP’s odds of receiving SEC approval for a spot ETF are only 65%, significantly lower than those for cryptocurrencies like Litecoin (LTC), Solana (SOL), and even Dogecoin (DOGE).

Contrasting Market Sentiments

While Polymarket bettors are optimistic, estimating an 81% chance for an XRP ETF proposal to get the green light this year, Balchuas’s findings suggest that the SEC’s reluctance to classify XRP as a commodity is a major barrier. This regulatory nuance, he explains, limits the likelihood of XRP launching its first spot ETF despite widespread investor enthusiasm.

XRP’s Market Performance

Currently, XRP is trading at $2.49. Over the past year, the cryptocurrency has experienced significant volatility, driven in part by Ripple’s ongoing legal battle with the SEC. Nonetheless, XRP has managed to achieve an impressive surge of over 365.8% despite these challenges. This dramatic price movement underscores the asset’s resilience, even as it faces uncertain regulatory prospects.

Regulatory Hurdles and Investor Caution

The contrasting viewpoints highlight the broader challenges in the crypto market. While some investors remain bullish based on optimistic predictions, the research by Balchuas urges caution, suggesting that until the SEC’s stance on XRP’s classification changes, the asset may continue to face delays in ETF approval.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
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XRP ETF Approval
XRP ETF Approval Odds Fall to 65%, Research Warns
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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