XRP ETF approval odds hit 100%, with experts forecasting a $33 price surge following the upcoming SEC decision.
The approval of a crypto spot ETF tracking XRP is now seen as almost certain.
Bloomberg analyst Eric Balchunas has stated that the odds of the XRP ETF approval are essentially 100%. This news has sparked optimism in the market, with crypto expert EGRAG Crypto predicting a potential price surge for XRP to as high as $33 in the upcoming market cycle.
XRP ETF Approval Likely Imminent
Eric Balchunas, a senior ETF analyst at Bloomberg, recently stated that the approval of the XRP ETF is now virtually guaranteed. He explained that the SEC’s adoption of new “generic listing standards” has streamlined the approval process.
Honestly the odds are really 100% now. Generic listing standards make the 19b-4s and their “clock” meaningless. That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready. https://t.co/5JtfTm82Wi
— Eric Balchunas (@EricBalchunas) September 29, 2025
This change has made the previous 19b-4 filings obsolete, simplifying the entire procedure. Balchunas noted that issuers, including those with Solana-related ETFs, have already filed updated amendments, suggesting that the approval process could soon be complete.
Despite concerns over an impending U.S. government shutdown, Balchunas remains confident that the ETF’s approval is just around the corner. The SEC has already advised issuers to withdraw outdated filings, signaling that the approval process is nearing its end.
With several spot XRP ETF filings already under review, market watchers are now closely watching October, as the SEC is set to review six major applications within a single week.
Polymarket Approval Odds Support Positive Outlook
The approval odds for the XRP ETF on Polymarket, a popular prediction market, are now above 99%.
This figure strengthens the argument that the approval is more a matter of when rather than if. As the market sees growing support for the ETF, investor sentiment has become increasingly bullish.
The approval of the XRP ETF could provide a major boost to the cryptocurrency. This will make it more accessible to institutional investors and further legitimize its position in the financial market.
As the SEC moves closer to a decision, the likelihood of XRP becoming part of the mainstream investment space increases. Investors are preparing for a possible surge in demand, which could drive the price of XRP to new heights.
XRP Price Target Reaches $33
Crypto expert EGRAG Crypto has set an ambitious price target of $33 for XRP. EGRAG predicts that XRP could see significant gains, similar to previous market cycles.
The expert pointed to the altcoin’s past performance, where it surged 350% in 2017 and over 100% in 2021 under similar conditions. With the possibility of the XRP ETF approval and growing institutional interest, XRP could see another strong rally in late 2025.
#XRP – Green Ball and Then Blast ($17 – $27 – $33):
Many of you send me DMs or leave comments asking, “Aren’t you tired of stating and showing different ways to reach these targets?”
👉My answer is simple: I am a believer in God, and I pray every day. I don’t stop praying. For… pic.twitter.com/zAYMkUgPQH— EGRAG CRYPTO (@egragcrypto) September 28, 2025
The overall strength of the XRP ecosystem also plays a key role in this bullish forecast.
Recent upgrades to the XRP Ledger (XRPL) have improved its functionality, allowing for more advanced financial tools. These upgrades could lead to new use cases and further adoption of XRP in various sectors.
The growing trend of institutional players accumulating XRP also supports a positive outlook for the asset. A recent report revealed that a French finance insider bought $48 million worth of XRP, signaling strong institutional confidence in the token’s future.
With both technical upgrades and increased institutional interest, XRP appears poised for a potential price surge in the near future.