Wall Street ‘Too Greedy’ to Pass on XRP ETF, Says Pro-Ripple Lawyer

Key Points

1. John Deaton claims Wall Street is 'too greedy' to pass up the opportunity of an XRP ETF, following the conclusion of Ripple's legal battle with the SEC.

2. ETF Store President Nate Geraci suggests BlackRock may have waited for the Ripple-SEC case to end before launching an iShares XRP ETF.

3. Bloomberg’s senior ETF analyst Eric Balchunas maintains a 95% likelihood of an XRP ETF, citing Bitcoin ETFs and the Ripple settlement as precedents.

4. The prospect of an XRP ETF is seen as highly lucrative for Wall Street, given XRP's status as a large and liquid altcoin.

5. Polymarket's XRP ETF approval probability dropped to 66%, its lowest since January, indicating market uncertainty.