XRP ETF approval odds dropped sharply after SEC Commissioner Crenshaw voiced opposition Despite SEC pushback, Bloomberg’s Eric Balchunas still sees 95% chance of approval Global momentum builds as Japan’s SBI files for Bitcoin-XRP ETF amid SEC delays Traders on the prediction market Polymarket have slashed their odds for an XRP ETF approval, dropping the chances from 86% to just 62% in these last two days. This sudden drop in confidence was triggered by the disclosure that SEC Commissioner Caroline Crenshaw plans to vote against the approval. Why the Market Is Nervous (But Balchunas Isn’t) However, top Bloomberg ETF analyst Eric Balchunas says he isn’t fazed, holding his personal odds for approval steady at a confident 95%. While Crenshaw’s vote is seen as part of her broader stance against crypto ETFs, the outlook for XRP ETFs remains largely unchanged. Interesting, trades reporting how Polymarket odds of XRP ETF approval went down to 62% after the votes were disclosed showing Crenshaw voting no, but a) she's gonna vote no on EVERYTHING and b) it's meaningless, she's outnumbered = we haven't changed our odds, still at 95%. https://t.co/TamM… The post XRP ETF Odds Drop to 62% on SEC News, But Bloomberg Analyst Holds at 95% appeared first on Coin Edition .
