News View Non-AMP

XRP News Today: Will XRP Spot ETFs Launch in 2025? Polymarket Says Yes

Published by
Vignesh S G

XRP, the third-largest cryptocurrency by market cap, has been grabbing the spotlight lately for several exciting reasons. The possibility of XRP Spot ETFs launching in 2025 is one of the hottest topics in crypto right now. But that’s not all – XRP’s market has grown by an incredible 395% in the past year alone.

What’s fueling this positive sentiment? Let’s dive in.

Everyone is Turning to XRP

Ryan Rasmussen, Head of Research at Bitwise Invest, revealed that leading institutional investors are closely watching developments in the XRP market. He mentioned that a well-known wealth management team is interested in adding XRP to their clients’ portfolios.

This team is confident in the future of major cryptocurrencies and personally holds Bitcoin, Ethereum, Solana, XRP, and others.

2024 has been a strong year for the cryptocurrency market, particularly for Bitcoin and Ethereum. In the past year, BTC has risen by 129.5%, and ETH has grown by 18.9%. Two major events drove these increases: the approval of Bitcoin and Ethereum Spot ETFs.

These approvals opened the door for more institutional investors to enter the crypto space, helping the overall cryptocurrency market cap grow by 98.13% in 2024.

Interestingly, bettors on Polymarket predict an 80% chance that XRP Spot ETFs will be approved in 2025. Experts believe that approval would not only benefit XRP but could also boost the entire cryptocurrency market.

  • Also Read :

Will Wealth Management Firms Jump In?

Despite the excitement surrounding XRP Spot ETFs, Rasmussen expressed some uncertainty about whether wealth management firms will adopt these products this year. While Bitcoin Spot ETFs were approved earlier in 2024, many wealth management firms have not yet added these products to their client portfolios.

XRP’s Future: A Quick Analysis

Several institutional players have shown interest in launching XRP Spot ETFs, and the US Securities and Exchange Commission (SEC) is currently reviewing various applications. Additionally, reports suggest that the CME Group plans to introduce XRP futures contracts.

XRP’s growing interest from institutions suggests a promising future, especially with the potential approval of Spot ETFs and CME’s plans for futures. While wealth management firms still face compliance challenges, the increasing demand for XRP, Bitcoin, and Ethereum in client portfolios shows that crypto is becoming more integrated into traditional finance.

If the SEC approves XRP Spot ETFs, it could significantly drive adoption, benefiting XRP and the entire cryptocurrency market.

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

Recent Posts

Top Altcoins To Buy Today: XRP, SOL, BONK, HYPE, TRX, ENS, And TON Lead The Altseason Surge

XRP, Solana, BONK, Hyperliquid, TRX, and ENS are dominating trader focus today as on-chain momentum…

July 23, 2025

Nature’s Miracle Launches $20 Million XRP Treasury Program

Nature’s Miracle has announced the launch of a corporate XRP treasury program, allocating up to…

July 23, 2025

MARA Holdings to Raise $850 Million Through Convertible Notes To Buy More BTC

MARA Holdings, a leading Bitcoin miner, has announced plans to raise capital to expand its…

July 23, 2025

WazirX Set for Major Restart: Voting Begins July 30

WazirX is reaching out to users as voting kicks off on July 30 and ends…

July 23, 2025

Goldman Sachs and BNY Mellon Tokenize Money Market Funds

Goldman Sachs and BNY Mellon have launched tokenized money market funds using blockchain technology, aiming…

July 23, 2025

Crypto Unregulated in India, But FIU Registration Mandatory: MoS Finance

The Indian government has stirred up fresh confusion for crypto users and traders. Currently, global…

July 23, 2025