- Short-term doubts: Polymarket odds show only a 22% chance of a Ripple ETF being approved by July 31, 2025 — a big drop from earlier optimism due to delays and lack of SEC updates.
- Year-end optimism: Confidence spikes for approval by December 31, 2025, with odds climbing to 83%, suggesting most traders expect progress later in the year.
- Overall sentiment: While the summer timeline seems unlikely, long-term belief in a 2025 Ripple ETF approval remains strong among prediction market participants.
Polymarket — yeah, that decentralized prediction site — has been turning heads again. The platform lets folks bet on real-world stuff using USDC, and right now, all eyes are on whether a Ripple ETF gets the green light from regulators.
Basically, you buy “yes” or “no” shares for events like elections, SEC rulings, whatever. Prices shift depending on what people think will happen — kind of like a live crowd-sourced crystal ball powered by crypto.
July 31? Not Looking Great
According to the most recent data from Polymarket, confidence in a Ripple ETF approval by July 31, 2025 has taken a serious nosedive. Odds are sitting at just 22% — that’s down a whopping 31 percentage points. Traders clearly don’t think the SEC will move that fast.
Back in December and January, things looked brighter. Chances were above 60% at one point, but it’s been a slow slide since then. The steepest drop came in late May, probably sparked by delays or just… silence from the SEC.

December 31? Totally Different Story
Now here’s where things get interesting — the year-end outlook is way more optimistic. As of now, the odds of a Ripple ETF being approved by December 31 sit at 83%, and that’s actually up 13 points lately. After some ups and downs earlier in the year, sentiment’s been climbing again through May.
So what gives? It seems like people aren’t betting on a summer win — but they are expecting something to go through before New Year’s Eve.
Conclusion
Short-term? Not great. Long-term? Traders on Polymarket are feeling hopeful. The July deadline might be a stretch, but a 2025 Ripple ETF still feels very much on the table. As usual, crypto folks are watching the SEC like hawks… and putting their money where their mouth is.