Investors in the crypto community have increased their expectations for the approval of the XRP stock market investment fund (ETF) with the end of the years of legal war between Ripple and SEC.

Ripple CEO Brad Garlinghouse announced on March 19 that the case officially concluded. Garlinghouse, who shared in X, said that SEC was withdrawn from the appeal in the case against Ripple and thus the case filed in December 2020 on the allegation of selling $ 1.3 billion of unregistered securities.

Upon this development, Nate Gerraci, the president of ETF Store Consulting firm, said that XRP ETF approval is now a matter of time. In a statement on X, it is inevitable that SEC’s approved XRP ETF, which predicts that large asset executives such as Blackrock and Fidelity could offer XRP ETF products.

Together with Geraci’s comments, the expectations of investors in the crypto currency market began to change. The crypto betting platform Polymarket users are also waiting for an XRP ETF to be approved by 2025.

As of March 26, Polymarket evaluated the possibility of an XRP -based ETF product at 86 %this year. However, the probability of approval until July 31 is lower and the probability of an XRP ETF until this date was calculated as 42 %.

Although Polymarket is a betting platform, historical data shows that user forecasts have a very high accuracy.

An analysis by Dune Analytics revealed that polymarket forecasts have reached more than 90 %accuracy of the betting markets. This shows that expectations for the XRP ETF are based on a strong basis.

However, the termination of the case between Ripple and SEC did not create great mobility in the markets in the markets. On March 19, the XRP was traded at $ 2.32, according to CONKECKO data. At the time of the spelling, the price reached approximately $ 2.44 and made a 5 %increase.

In the analyzes carried out on March 21, this development was priced by the market in advance. Nansen Research Analyst Nicolai Sondergaard said that the markets are largely prepared for the outcome of the case between SEC and Ripple. For this reason, it was emphasized that the XRP price did not make a big jump after the case was announced.

While the expectations of the XRP ETF are rising, market analysts closely follow the approach of SEC.

Following the Bitcoin ETFs, Ethereum ETFs also come to the agenda and signals that SEC’s attitude towards crypto Varlık ETFs has changed. If the XRP ETF is approved, this development may be the beginning of a new era in the crypto market.