Bloomberg’s Recent Update Excites XRP Army

The outlook for a spot XRP exchange-traded fund (ETF) in the United States has taken a notable turn. Following months of speculation and gradual regulatory shifts, Bloomberg analysts have now increased the estimated probability of SEC approval to 95%. The image was posted by Amelie (@_Crypto_Barbie), a well-known figure in the crypto space, and it showcases a detailed chart comparing spot ETF applications across various assets. According to the chart, XRP is listed among those with the highest chance of approval in 2025. Bloomberg’s revised forecast places it in the same category as Litecoin and Solana, with approval odds significantly higher than many of its peers. BREAKING NEWS: BLOOMBERG RAISED APPROVAL ODDS FOR SPOT #XRP ETF TO 95%! pic.twitter.com/fcysh7ziNt — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) June 30, 2025 XRP Among Leading Candidates for Approval The image outlines that multiple asset managers, including Grayscale, Bitwise, Canary, 21Shares, WisdomTree, CoinShares, and Franklin Templeton, have filed S-1 forms for a spot XRP ETF. The first 19b-4 filing for XRP was recorded on January 30, 2025, and the application has already been acknowledged . The final SEC deadline for a decision is set for October . Bloomberg’s current approval forecast is based on the fact that XRP is likely viewed by the SEC as a commodity and also benefits from having CFTC-regulated futures . These regulatory conditions contribute to its strong standing. Bloomberg analysts previously revealed that CFTC-regulated futures could pave the way for spot XRP ETFs , and the digital asset is now closer than ever to the launch of these highly anticipated products. While the SEC has previously taken an aggressive stance toward XRP, that posture appears to be softening in light of the broader ETF movement and recent legal proceedings. Ripple has announced the dismissal of its appeal against the SEC, and the commission is expected to replicate soon. Comparative Standing and Recent Positive Developments XRP’s 95% approval probability places it well ahead of competitors like Cardano, Polkadot, and Avalanche, which are all currently listed at 90%. Assets such as SUI, Tron, and lesser-known tokens like Pengu trail behind with estimates between 50% and 60%. Bloomberg’s model suggests that filings backed by multiple institutional firms and tokens with regulated futures markets tend to receive higher approval ratings. The increased odds also coincide with the recent approval of Grayscale’s Digital Large Cap Fund conversion into an ETF, which already includes XRP in its composition. That approval has laid the groundwork for other products to follow suit. Analysts have indicated that the presence of XRP in a major fund signals institutional acceptance and sets a precedent for the SEC to approve standalone offerings. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Bloomberg’s Recent Update Excites XRP Army appeared first on Times Tabloid .

Source: TimesTabloid