The probability of "Ripple ETF being approved in 2025" on Polymarket exceeds 99%, with betting funds exceeding $177,000

ChainCatcher message, the betting amount on "Ripple ETF approved in 2025" on Polymarket has exceeded $177,000, with currently 99% of the betting funds choosing "yes".

Previously, Ripple CEO Brad Garlinghouse stated in a Bloomberg interview that the approval of a spot XRP ETF is "inevitable," and he expects the U.S. Securities and Exchange Commission to approve some or all of the pending applications by the end of the year.

Currently, companies such as Bitwise, Franklin Templeton, and Canary have submitted relevant applications. He also anticipates that the XRP token will eventually become part of the U.S. government's crypto reserves.