Polymarket’s XRP ETF approval odds climb above 70% – Thank you, Trump? – BitRss

• XRP ($3.26) ETF Polymarket odds briefly surged above 70%
• Surge was driven by speculation about Trump’s receptiveness to XRP and other tokens

Ripple’s online community, better known as the “XRP Army,” is very bullish on the altcoin. This, on the back of its recent surge to a new seven-year high above $3. However, that’s not all.

Especially since now, market expectations for a U.S Spot XRP ETF are very high. In fact, approval odds for the same briefly surged to 72% on 17 January on Polymarket. 

Now, although Polymarket’s odds retreated slightly to 68% at press time, the surge to +70% was noteworthy. For context, the odds pumped by 15% in less than 24 hours – A somewhat contrary move after the SEC filed an appeal against Ripple Labs. So, what was the driver? 

Well, the sharp optimism could have been linked to speculation that President Donald Trump is “receptive to crypto reserves” including XRP. This was part of a recent