Bingo! XRP ETF Chances Are Sky-High—What Could Go Wrong? 😜

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Hold onto your hats, chaps! The likelihood of the US Securities and Exchange Commission (SEC) giving the green light to an XRP exchange-traded fund (ETF) has soared to a staggering 98% on June 3, according to the ever-reliable polymarket oracles (or so they say). Who knew that predicting the future could be so optimistic? 🤔

As we stand today, the charming chaps at Polymarket put the odds at 93% that the big bosses in December 2025 will finally give their blessing—despite the SEC’s fondness for playing hide and seek with these decisions. Only a month ago, the SEC decided to have a little delay on the Grayscale XRP ETF, pushing their decision till October—perhaps they’re planning a nice picnic while contemplating? Meanwhile, Franklin Templeton’s spot XRP ETF also fell victim to bureaucratic theatrics back in April. Classic! 🎭

Yet, amidst all this regulatory tedium, the XRP enthusiasts, ever the optimists, hoist their banners high. However, brace yourselves—the chance of XRP making it by July is a mere 19%. Better start praying or maybe just buy more XRP; who’s to say? 😂

XRP ETF approval Chances | Source: Polymarket

US SEC Likely to Approve XRP ETF by Q4 2025

In the realm of bullish dreams, the recent launch of XRP futures on May 19 by the CME Group has given the XRP side a shot of adrenaline. Experts are whispering sweet nothings about a potential green light from the SEC lurking somewhere in late June or early July. But don’t hold your breath—more prudent folks say October 18 is the date to mark on your calendar for the big decision. And, of course, XRP still leads the alt-coin popularity contest with the most ETF filings—fame and fortune all in one digital package! 🎩

Ripple Lawyers Spill the Beans About XRP Legal Mumbo-Jumbo

The great soap opera of cryptocurrency continues—Bitcoin fans are scratching their heads, wondering whether XRP is a good boy or a troublemaker, security or merely a commodity. Meanwhile, Judge Torress threw a curveball, declaring that retail sales of XRP do not constitute a securities contract—so there! 💥

Ripple’s lawyer, the dapper Bill Morgan, stepped up to clarify matters with his usual forthrightness, claiming that assuming XRP is unclassified is a “logical misstep.” He insists that the court’s ruling offers ample legal clarity: XRP is not a security. Morgan’s words: “If we do not know exactly what XRP is, we certainly know what it isn’t: a security.” So, there you have it, folks—case closed! 🕵️‍♂️

Currently, XRP is enjoying a little party of its own, climbing 2.64% today to a snappy $2.25, with trading volumes at a robust $2.5 billion. Cheers to that! 🍾

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2025-06-04 18:07