đ XRP ETF Approval Now 95% Likely â Is a Massive Price Surge Imminent?
The crypto world just got rockedâregulators are blinking, and XRP might be the next big ETF play.
Wall Street's favorite rubber stamp is warming up to digital assets again. After years of playing gatekeeper, the SEC's resistance is crumbling faster than a Bitcoin maximalist's arguments.
The institutional floodgates are opening
That 95% approval probability isn't just hopeful thinkingâit's math. Market makers are already positioning, with OI spikes in derivatives markets suggesting big money expects fireworks.
Retail's last chance to front-run the suits?
History doesn't repeat but it rhymes: remember what happened when Bitcoin ETFs got the nod. The only difference this time? Banks can't pretend they're not salivating over those sweet, sweet custody fees.
One cynical truth remainsâfinance always finds a way to monetize the revolution... after trying to kill it first.
XRP Joins Solana, Litecoin, and Others in ETF Review Spotlight
XRP is among a slate of digital assets under review, alongside Solana, Litecoin, Dogecoin, Cardano, Polkadot, and others.
The SEC has already acknowledged XRPâs 19b-4 filings, with a final decision expected by October 17, 2025.
Seyffart cautioned that while approval feels inevitable, the timeline remains unclear: âCould be something weâre talking about in the next month or two. Or it could be something that waits until October or later.â
Grayscale, Bitwise, Franklin Templeton, and 21Shares are among the firms backing XRP ETF applications, signaling strong institutional support.
Along with Solana and Litecoin, XRP now leads the field in projected approval probability, with others like Cardano, Dogecoin, and Polkadot assigned 90% odds.
The analystsâ outlook reflects a broader trend: the SEC appears increasingly willing to treat many of these assets as commodities, potentially easing their path to regulated products.
Still, the slow pace of movement has raised concern. Industry observers warn that delays could erode the U.S.â competitive position in digital asset innovation.
NEW: @EricBalchunas & I are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher. Engagement from the SEC is a very positive sign in our opinion pic.twitter.com/5dh8G8rK6Y
â James Seyffart (@JSeyff) June 20, 2025Proponents argue that faster approvals, especially for high-profile assets like XRP, WOULD address rising investor demand and solidify regulatory clarity.
On June 11, VivoPower, a publicly listed firm, announced a partnership with the Flare blockchain to generate yield from its XRP holdings.
The move could indicate that institutional players are looking for ways to leverage their crypto assets without liquidating them.
In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury.
XRP Shows Signs of Price Compression
XRP is trading around $2.015 as of June 23, showing signs of price compression following a sharp drop from recent highs above $2.30.
The Bollinger Bands across the daily and 30-minute charts are tightening, indicating reduced volatility and a potential breakout setup.
On the 1-day chart, the Relative Strength Index (RSI) sits at 43.68, signaling mild bearish momentum, but not yet oversold.
The MACD remains slightly below the signal line with negative histogram bars, suggesting that sellers remain in control. Price has dropped below both the middle Bollinger Band and the 20-day SMA, which may act as resistance NEAR $2.03 and $2.11.
Zooming into the 30-minute chart, RSI has bounced to 52.19 with a bullish MACD crossover, indicating short-term strength. Support was found near $1.996, and a mild recovery has followed.
In the 1-minute chart, momentum is mixed, with RSI hovering near 41.74 and MACD flattening out after a brief bullish attempt.
If XRP holds above the $2.00 psychological level, a retest of $2.03 resistance is likely. A break below $1.996 could expose lower supports near $1.93.