Institutional momentum builds as top wealth management firm puts staggering probability on XRP ETF greenlight.
THE NUMBERS GAME
Analysts point to regulatory clarity shifts and growing institutional demand—Wall Street's finally playing catch-up with what crypto natives knew years ago.
MARKET IMPLICATIONS
Approval would funnel massive traditional capital into XRP, potentially triggering a liquidity surge that dwarfs previous crypto ETF launches.
THE FINE PRINT
Some skeptics whisper about wealth managers talking their own book—but then again, finance professionals have never been wrong about emerging asset classes before.

For context, Polymarket enables users to bet on real-world events, spanning a range of topics from politics to economic developments. Before the launch of
ethereum and Bitcoin ETFs, traders on the platform had also assigned high approval odds—and both products were eventually approved in the U.S.
The same scenario is playing out for XRP, with approval odds currently standing at 87%. On June 3, bettors' confidence spiked to around 98.2% but has dipped slightly ot the current level at 87%.
XRP ETF Race Intensifies
Meanwhile, the XRP ETF race has been gaining momentum lately. Last month, several issuers, including Bitwise, Canary, Grayscale, and Franklin, updated their XRP ETF applications. According to the update, the issuers require the funds to facilitate XRP or cash creations, as well as cash or in-kind redemptions.
At the time, many analysts suggested that the update indicated that prospective issuers were addressing specific SEC requests. So far, the SEC has postponed its decision on XRP ETFs on several occasions. However, by October 2025, the securities regulator must decide on these pending XRP products.
People Are Underestimating Demand for XRP ETF
Meanwhile, Geraci noted that many people are underestimating the demand XRP ETFs will attract. This suggests that he expects the demand for the investment product to exceed people’s expectations.
https://twitter.com/NateGeraci/status/1962318097437634890
He noted that the same thing happened with spot Bitcoin and Ethereum ETFs before they went live. In his follow-up comment, he shared screenshots of his prediction about strong demand for ETFs separately tied to Bitcoin and Ethereum.
Although skeptics expressed doubts before the launch, the products eventually attracted strong interest. For context, Bitcoin ETFs have attracted over $54 billion in inflows, and Ethereum funds have recorded inflows worth $13.53 billion.