Despite a mixed performance throughout 2025, XRP has emerged as one of the standout performers in the cryptocurrency market. Currently trading slightly below $1.90, the fifth-largest cryptocurrency has retraced nearly 50% from its all-time highs achieved in July. Nevertheless, Standard Chartered is optimistic about XRP’s future, forecasting a significant upward trend driven by anticipated inflows into spot exchange-traded funds (ETFs) and increased regulatory clarity. Spot XRP ETFs Could Drive $4-$8 Billion In Inflows The bank predicts that the launch of spot XRP ETFs could bring in between $4 billion and $8 billion into XRP throughout 2026. Should these inflows materialize, the resulting demand—coupled with XRP’s relatively limited supply—could catalyze a sharp increase in the coin’s price. Related Reading: US Strategic Bitcoin Reserve: Key Catalyst For Potential Surge Toward $150,000 Next Year Analyst Geoffrey Kendrick has laid out an ambitious roadmap for XRP’s future, anticipating prices of $8.00 in 2026, and potentially reaching $12.50 by 2028. To put this into perspective, XRP’s current circulating supply is approximately 57 billion coins. Even modest inflows of a few billion dollars could create a meaningful supply shock in the market. So far, XRP ETFs have gathered around $1.25 billion. To reach the $8 target, it would require annual flows to hit the range of $5 billion to $10 billion, similar to the initial enthusiasm surrounding Bitcoin ETFs. Regulatory Resolution As Key Catalyst A parallel factor influencing XRP’s potential rise is the resolution of regulatory uncertainty surrounding the cryptocurrency. The US Securities and Exchange Commission’s (SEC) long-standing lawsuit against Ripple Labs has significantly impacted XRP’s narrative. Yet, in August 2025, the SEC withdrew its appeal, resulting in Ripple agreeing to a $125 million settlement and affirming that XRP sales on secondary markets are not classified as securities transactions. Related Reading: Bitcoin And Ethereum Influx: Strategy Grabs 1,200 BTC, Bitmine Immersion Ups ETH by 44,000 This resolution eliminates a substantial legal burden and is seen by Standard Chartered as a catalyst for increased adoption. With legal uncertainties removed, capital that had been sidelined could finally enter the market. However, for XRP to achieve a price of $8 by 2026, favorable economic conditions, including low interest rates and a risk-on attitude among investors, would be critical. Should macroeconomic challenges escalate, investors may shy away from altcoins. Featured image from DALL-E, chart from TradingView.com
Market analysts are closely watching the XRP price as recent movements test key support levels. A new technical analysis has highlighted a critical price zone that is currently helping contain further downside pressure on XRP. Over the past few months, the cryptocurrency has struggled to reclaim its previous highs, recently crashing below the $2 psychological level amid increased volatility and market uncertainty. XRP Key Support Contains Downside Risks Crypto analyst Skipper shared a new technical update on XRP this week, highlighting current market dynamics and a critical support level that could help prevent further downturns. The analyst noted that XRP recently broke below $1.93, signaling heightened selling pressure and ongoing market repositioning. Related Reading: XRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally Notably, XRP’s decline below $1.93 comes amid broader market weakness, as the cryptocurrency has struggled to hold key levels. Spot market data show the cryptocurrency is currently trading at $1.85, reflecting a significant drop of about 2.7% in the last 24 hours and more than 7.8% over the past seven days. XRP’s choppy price action has also kept it pinned below many resistance zones. However, Skipper reveals that sustained trading below $1.88 keeps the cryptocurrency’s downside pressure intact in the near term. The analyst also notes that the next meaningful area where buyers may attempt to stabilize price sits around $1.85. Despite ongoing Spot ETF inflows since its launch in November, Skipper noted that XRP’s short-term price action appears more driven by technical positioning than fundamental developments. He also highlighted that XRP’s market supply has contracted significantly, dropping by 45% from approximately 3.9 billion tokens at the beginning of 2025 to about 1.6 billion tokens by December. This reduction in supply could influence XRP’s price dynamics and overall market scarcity. XRP Faces Continued Downtrend Amid Market Weakness In a subsequent post, Skipper reported that the XRP price fell 5% as the crypto market experienced fresh selling pressure with major altcoins extending recent declines. The analyst stated that the token had dipped to lows of around $1.81, reflecting growing investor risk aversion. Moreover, despite being one of the top-performing assets earlier in the year, XRP now risks slipping further. Related Reading: XRP Price On The Verge Of Another Crash, But There’s Still Hope According to Skipper, XRP has been in a steady downtrend since July 2025, with each price bounce weaker than the previous one. He emphasized that bulls must reverse this downtrend to restore a positive outlook, which would require XRP to rise above the $2.27 high from the last weak bounce in late November. The analyst also noted that in past cycles, when XRP breaks below the 50-week Simple Moving Average (SMA) and stays there for roughly 50 to 84 days, a strong rally typically follows. He disclosed that the price has now spent approximately 70 days below its 50-week SMA, placing it within the same historical window. Featured image from Pxfuel, chart from Tradingview.com
XRP’s price has continued to chop, trading sideways, which has impacted the price of the U.S. spot ETFs that provide exposure to the altcoin. Canary Capital’s XRP fund has crashed 20% since its launch, although this fund remains the largest by assets under management (AuM). XRP’s Sideways Price Action Leads To Spot ETF Crash The XRP price has continued to trade within a tight range, just above the psychological $2 level, sparking bearish sentiment among investors. The altcoin is down over 10% in the last month, around the time the first spot XRP ETF, Canary’s fund, launched. This bearish price action has notably contributed to a price crash for Canary’s XRPC fund. Related Reading: XRP ETFs Are About To Hit $1 Billion – Here’s How Much Is Flowing In Daily TradingView data shows that Canary’s XRP ETF is down 20% since its launch on November 13. XRPC also dropped almost 10% last week amid choppy price action. Canary’s fund has also likely crashed due to increased competition from three other spot funds that launched after it. This has led to a slowdown in its inflows since these funds launched. Meanwhile, these funds track the spot XRP price, which also explains Canary’s XRPC crash. XRP has mirrored Bitcoin’s price action amid concerns that the crypto market may already be in a bear market. XRP whales also look to be bearish at the moment, as Santiment data shows a drop in whale transactions from a recent high recorded in November. However, despite this bearish sentiment, with the crypto market currently in a state of fear, the XRP ETFs have continued to record daily net inflows. SoSo Value data show that these funds have been on a 16-day net inflow streak since Canary’s XRP fund launched on November 13, and they have yet to record a net outflow day. Canary’s XRP ETF, which has suffered a 20% price crash, is currently the largest spot XRP fund with $364 million in assets under management. Grayscale’s GXRP is second with $211 million, while Bitwise and Franklin Templeton are third and fourth. As a group, these XRP funds are about to hit $1 billion in assets under management, with $861 million in total net assets. Some Positives For The Altcoin Santiment data show that XRP exchange outflows have outweighed inflows in recent times. This is a positive as it indicates that more investors are accumulating than selling. Exchange outflows typically represent moves for long-term holding, especially in anticipation of higher prices. Related Reading: Pundit Predicts That XRP Is About To Make Investors Extremely Rich In an X post, Santiment mentioned that the XRP Ledger is seeing a fascinating trend of whale and shark wallets shrinking in number but continuing to grow in coins held. The on-chain analytics platform noted that there are 20.6% fewer 100 million XRP wallets, but that these wallets, as a group, still own a 7-year high 48 billion coins. As such, the existing 100 million XRP wallets are doubling down on their accumulation efforts and making up for the shrinking number of wallets. At the time of writing, the altcoin’s price is trading at around $2.07, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
As institutional demand intensifies and the crypto market recovers, US spot XRP Exchange-Traded Funds (ETFs) continue to lead the sector with a 13-day streak and over $200 million in positive net flows this week, outshining Solana (SOL) ETFs, which recorded their third day of outflows in seven days. Related Reading: Bitcoin (BTC) Price In A ‘Vulnerable Technical Environment’ – Key Levels To Watch XRP Funds Lead Crypto ETF Inflows Spot XRP exchange-traded funds have extended their record-breaking streak after registering their thirteenth consecutive day of positive net flows, with $50.27 million in inflows on December 3. The investment products have seen a remarkable performance since the launch of Canary Capital’s XRPC, the first single-token XRP spot ETF, on November 13, positioning the funds as the fastest-growing altcoin-based category. Notably, XRPC surpassed all initial expectations and debuted on Nasdaq with a total volume of $58 million, recording around $357.54 million in positive net flows in 13 days. Last week, the second group of XRP funds went live, becoming the largest US ETF launches of 2025 with over $60 million in net inflows each during their first day. Moreover, the category, led by Grayscale’s GXRP and Franklin Templeton’s XRPZ, surpassed other major ETFs in single-day inflows, including those based on the largest cryptocurrencies by market capitalization, Solana, Bitcoin (BTC), and Ether (ETH). Amid this week’s market recovery, XRP ETFs saw $89.65 million on Monday, $67.7 million the following day, and an additional $50.27 million on Wednesday, for a cumulative net inflow of $207.66 million during the first three days of December. As a result, the leading category surpassed both Bitcoin ETFs’ $52.4 million and Ethereum ETFs’ $51.3 million positive net flows, respectively, during the same three-day period. With a total of $874.28 million in inflows in 13 days, spot XRP ETFs have surpassed the $618.62 million total inflows of SOL ETFs, which held the record among the second wave of altcoin-based investment products. Solana ETFs Demand Loses Steam While XRP ETFs take the spotlight, Solana funds’ momentum has slowed, seeing their largest days of outflows this week. According to SoSovalue data, the investment products recorded $32.9 million in outflows on December 3, marking their third negative net flows day since the category debuted on October 28. Despite pulling out positive net flows, Bitwise’s BSOL, Fidelity’s FSOL, and Grayscale’s GSOL were unable to absorb 21Shares’ TSOL $41.8 million in outflows. This performance also marks the fourth negative day for TSOL over the past week. As reported by NewsBTC, Solana ETFs experienced a record performance in November despite the market correction, with $613 million in inflows during their 22 consecutive day positive streak. Related Reading: Solana Eyes Major Resistance After $140 Reclaim, But Analyst Questions SOL’s Strength However, the remarkable streak ended a week ago when TSOL registered negative net flows for the first time, and the category was unable to absorb them, recording outflows of $8.1 million. SOL-based investment products started December with outflows worth $13.5 million, which were followed by strong inflows worth $45.77 million on Tuesday. On December 3, the funds registered $32.19 million in outflows, amounting to a negative net flow of $700,000 for the first half of the week, despite the altcoin’s recent price recovery. Featured Image from Unsplash.com, Chart from TradingView.com
The conversation around XRP has grown louder in recent months as the asset continues to gain traction through ecosystem growth, Spot XRP ETFs, and market interest. Despite this momentum, XRP still sits far below Bitcoin, the industry’s dominant cryptocurrency, when comparing total valuation. That gap raises a simple question: how high would the XRP price need to climb in order to actually flip Bitcoin? Data from MarketCapOf provides a direct, real-time look at what XRP’s price would be if it matched Bitcoin’s market capitalization today. The Market Cap Required To Flip Bitcoin Although it is currently going through a correction phase, Bitcoin has the largest presence in the crypto market by an overwhelming margin, and its market capitalization currently stands at roughly $1.84 trillion. This valuation ranks Bitcoin among the largest assets on the planet, surpassing many global corporations. Related Reading: Is It Time To Buy XRP? Analyst Says Get In Before This Switch Happens XRP, now trading around $2.14 at the time of writing, holds a market cap of approximately $128.7 billion. This means Bitcoin’s valuation is more than fourteen times larger than XRP’s. For XRP to flip Bitcoin, the cryptocurrency would need to rise to the same market capitalization that Bitcoin currently holds. Using the circulating supply of XRP, MarketCapOf calculates how much each XRP token would be worth if it matched Bitcoin’s market cap. Based on the latest data, XRP would need to trade at $30.61 for its total valuation to equal Bitcoin’s. This is the current “flippening price,” and it reflects the direct ratio between their two market caps. To reach the level of Bitcoin’s all-time high market cap of $2.485 trillion recorded on October 6, XRP would need to climb to about $41.26 per token. Breaking Down The Numbers The calculation highlights how far ahead Bitcoin still is. XRP sits at roughly seven percent of Bitcoin’s total valuation, meaning the asset would need to appreciate more than fourteen times from its current level to stand on equal footing. In simple terms, an investor holding 1,000 XRP would see their position shift from about $2,140 today to more than $30,000 if the token were priced at $30.61. Related Reading: Wondering Why The XRP Price Is Still Lagging Despite Record ETF Launch? Read This This comparison does not assume any change in circulating supply, tokenomics, or macro factors. It is a clean and direct valuation exercise based purely on market capitalization. However, even in its simplicity, it shows the scale of inflows required for XRP to close the gap and flip Bitcoin’s dominance in the cryptocurrency rankings. Recent months have seen stronger activity in the Ripple ecosystem, most especially with new partnerships and acquisitions by Ripple. Added to this is the expanding conversation around Spot XRP ETFs, which many analysts believe could introduce significant liquidity if major issuers like BlackRock, Fidelity, and Grayscale fully enter the space. The newest entrant is Bitwise, which launched its Spot XRP ETF just hours ago. Featured image from iStock, chart from Tradingview.com
The debut of Canary Capital’s spot-XRP ETF was one of the standout moments for the XRP community this year, bringing the token into the US ETF arena with strong opening volume and heavy attention from traders. Many holders went into launch week expecting that kind of headline event to push XRP into a sharp rally, especially after waiting years for regulated access in the United States. Instead, price action has stayed relatively muted, leaving a gap between expectations and reality. In a new 26-minute video shared on X, finance coach Coach JV tried to close that gap, breaking down why XRP has not exploded higher yet and what he believes holders should actually focus on. Coach JV Puts XRP In A Macroeconomic Perspective XRP’s Spot ETF has undoubtedly been a success, considering the amount of inflows it has had in its first two trading days. However, this has yet to translate into a surge in the price of XRP, as many traders had predicted and expected. Related Reading: Analyst Claims XRP Will Flip Bitcoin As These Developments Play Out Instead, XRP’s price action has been highlighted by a downtrend in recent days. A large part of this price downtrend is due to the wider decline in the crypto market. In his breakdown, Coach JV approached the XRP situation from a macroeconomic perspective. Rather than treating the ETF launch as an isolated trigger, he contextualized XRP’s current price behavior within the larger environment that financial markets are dealing with. A major theme of his outlook was the way people respond to hype. Coach JV stated plainly that the only way is to have discipline and a consistent plan. He did not build his message around chasing short-term excitement or reacting emotionally to price moves. His focus was on having a structure that an individual can stick to, regardless of whether XRP moves fast after the ETF launch or takes longer than many were expecting. Is $5 Next? I Don’t Know Coach JV also addressed one of the most common questions circulating in the community: whether $5 is the next big target for XRP now that an ETF is live. Related Reading: Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders “Is $5 next? I don’t know; I’m not banking on that, I’m not waiting for it, I believe it’s going to happen at some point, and I have my exit strategy set up,” he said. That tone is now being echoed by others in the community who are pushing back against unrealistic targets. Zach Rector recently reminded his audience that XRP is not heading toward triple-digit prices this year, despite widespread speculation. Another commentator, known as Xoom on X, made a similar remark, saying XRP will not reach $100 or even $10 on ETF momentum alone. At the time of writing, XRP is trading at $2.18, down by 3.5% in the past 24 hours. It is still too early to conclude how much long-term influence Spot XRP ETFs will have on price, especially with major issuers such as BlackRock, Fidelity, and Grayscale yet to launch their own offerings. Featured image from iStock, chart from Tradingview.com
A recently shared image on X showing the full lineup of pending XRP ETF filings prompted a blunt response from market commentator Robert Ledferd. Instead of offering predictions or excitement, he framed the moment as a straightforward test for the asset, noting that if XRP cannot climb into double-digit territory once this many ETFs are live, the market may end up treating it as a joke. The comment brings into question what price level actually represents meaningful progress once institutional money enters the picture for XRP. Why The Comment Landed Strongly Ledferd reacted to a screenshot listing nearly every major issuer preparing an XRP product, including firms such as Bitwise, Grayscale, Fidelity, VanEck, Invesco, CoinShares, Franklin Templeton, Hashdex, and ARK Invest. The number of issuers alone means that XRP is entering a phase where institutional exposure will no longer be theoretical. Related Reading: Analyst Predicts XRP “Supply Crisis” To Trigger The Next Parabolic Rally The general consensus is that when these ETFs hit the market, XRP will receive massive institutional inflows comparable to that of Bitcoin and Ethereum, which, in turn, would be reflected in its price action. With this in mind, the pundit noted that XRP will be the “joke of the year” if these ETFs do not bring the cryptocurrency’s price to at least double digits.” Where XRP Needs To Trade For ETFs To Matter The numerical reality behind this expectation is straightforward. XRP is currently trading well below the $3 price level. Particularly, XRP is trading at $2.3, which means even a return to its $3.65 all-time high would require a price increase of about 40% from present levels. To reach actual double digits above $10, it means the price of XRP would need to rise more than 320% from its current price. Before XRP can target double digits, however, it must convincingly break and close above the region between $3 and $3.65. This region is a structural pivot because it is where previous rallies have lost momentum If ETF demand is genuine, the first sign of it will be whether XRP can push above the $3 line and hold it as support. Such a move would confirm that new inflows are not being neutralized by selling pressure and that the buying pressure is absorbing tokens at a faster rate than they are being distributed. Related Reading: Analyst Says Don’t Get Left Behind As Massive Liquidity Wave Is Coming For XRP XRP currently has a total circulating supply of 60 billion tokens. Therefore, a move to $4 implies a market cap of $240 billion. On the other hand, a move to $10 implies a valuation above $600 billion. A $600-billion valuation would place XRP behind only Bitcoin in terms of market cap rankings. These numbers matter because ETF impact is not measured by price alone but by how much capital is required to move an asset of this size. If Spot XRP ETFs begin attracting even a small fraction of the inflows seen in early Bitcoin ETF trading, the push to $4 becomes more realistic. At the time of writing, the first US Spot XRP-backed ETF has officially been launched by Canary Capital with ticker XRPC and began trading on the Nasdaq Stock Market on November 13, 2025. Featured image from Peakpx, chart from Tradingview.com
Canary Capital’s XRP ETF made a historic debut on Thursday, surpassing its competitors by hitting $58 million in trading volume on its first day, setting a record for the most traded ETF launch this year. This milestone was lauded by Bloomberg expert Eric Balchunas on the social media platform X (formerly Twitter), underlining the remarkable success of the XRP ETF in the market. The launch of the first XRP ETF in the United States earlier today had a notable impact on the XRP price, propelling it towards the crucial $2.5 level. However, subsequent market movements saw a 4% retracement, bringing the token’s current trading price to $2.3. XRP ETF Potential Canary Capital’s CEO, Steven McClur, recently expressed confidence in the potential of an XRP ETF, suggesting that it could outperform the achievements of Solana (SOL). He highlighted XRP’s strong liquidity and global utility, foreseeing substantial institutional investment influx in the near future. The XRP ETF by Canary Capital has indeed outperformed Bitwise’s Solana Staking exchange-traded fund, with a trading volume of $57 million, falling just short of Canary’s fund by a mere million-dollar difference. Related Reading: Who’s Selling Bitcoin? Fidelity Research Boss Breaks It Down Analysts predict that the approval of asset managers like Franklin Templeton, Bitwise, and Grayscale in the upcoming days of November could attract significant institutional investments ranging from $4 to $8 billion, potentially leading to a substantial price surge due to the low liquidity in the market. As a result, market analysts foresee a bullish rally for XRP, hinting that the token may be approaching the end of consolidation. They suggest long-term price targets ranging from $10 to $37. If these bullish scenarios materialize, these surges could result in new all-time highs and significant potential gains, with projections of 334% and a staggering 1,500%, respectively, from current trading levels. XRP Price Could See 150% Increase To $6 by 2030 In addition to the significant ETF debut by Canary Capital, industry experts like Dark Defender have shared key technical analyses that could complement the performance of the XRP ETF market. Notably, Dark Defender highlighted signals on the weekly time frame indicating a potential surge for XRP, with resistance at $2.85, support at $2.22, and targets projected at $18.22 and $36.76. Related Reading: Dormant Bitcoin Giant Stirs, Unloads 12,000 BTC In Surprise Move Geoffrey Kendrick at Standard Chartered anticipates substantial gains in the forthcoming years, largely attributed to the potential of spot XRP ETFs. He has set a target price of $12.50 for 2028, implying annual returns of 73%. Analysts at the Motley Fool have also weighed in, drawing parallels to Bitcoin’s (BTC) price appreciation following the SEC approval of spot Bitcoin ETFs in January 2024, projecting a 150% increase to $6 for XRP by 2030. Featured image from DALL-E, chart from TradingView.com
Meanwhile, Canary Capital filed the 8-A form for its spot XRP ETF, setting expectations for an official launch later this week.
The crypto industry is approaching a major milestone as the market anticipates the potential approval of an XRP Spot ETF in the United States (US). Analysts suggest that recent developments regarding the US Securities and Exchange Commission’s (SEC) review could deliver the final nail in the coffin for XRP. With ETF filings still awaiting approval, the market is watching closely, as a green light could pave the way to greater mainstream adoption and institutional investment in XRP. XRP ETF To Become Game-Changer For The Market Nate Geraci, President of NovaDius Wealth Management and co-founder of The ETF Institute, recently stated on X social media that the first Spot XRP ETF could launch within the next two weeks. He described this event as the “final nail in the coffin” for the previous wave of anti-crypto regulators. Related Reading: Analyst Predicts XRP Price Will Decouple From Bitcoin, Here’s What Would Happen Notably, the US SEC had been involved in litigation against Ripple for five years, which concluded about three months ago. Geraci believes that the approval of a Spot XRP ETF represents a significant step forward for not only XRP but also the broader cryptocurrency industry. The temporary delay caused by the US government shutdown, which started in October, has pushed back XRP ETF approvals. However, new reports of bipartisan efforts to reopen government operations have reignited expectations of an ETF. Geraci pointed out in a subsequent X post that the end of the government shutdown could unleash a wave of crypto ETF launches, with a 33 Act spot XRP ETF likely coming this week. Recently, the US Depository Trust & Clearing Corporation (DTCC) listed nine new Spot XRP ETFs on its platform, increasing expectations of a launch this November. The list includes XRP ETFs from top asset managers such as Bitwise, Franklin Templeton, Canary Capital, Volatility Shares, CoinShares, T-Rex Osprey, 21Shares, and many others. ETF Filing Amendment Brings Launch Closer Than Ever Further evidence that an XRP ETF may be imminent comes from recent filing updates by leading issuers. Eric Balchunas, senior ETF analyst at Bloomberg, reported that 21Shares has submitted an 8(a) form with the US SEC on November 7 for its spot XRP ETF. The new changes in the filing officially activate a 20-day countdown for the approval and launch of an XRP ETF by November 27. Related Reading: Rare Chart Formation That Led To An 87% XRP Price Crash Has Resurfaced Crypto commentator John Squire also noted that if the US SEC does not take action within the allotted period, the approval would automatically proceed. Similarly, multiple issuers, including Canary Capital, have also withdrawn “delaying amendments,” triggering the same 20-day automatic approval countdown. Notably, these filings suggest that the market is moving closer to a regulatory green light for XRP ETFs. Amid recent developments, Squire has pointed out that the US has never been this close to fully approving an XRP ETF. Should the SEC give its authorization, it could significantly transform trading volume, liquidity, and institutional participation in the market. It would also expand the current major ETF offerings beyond just Bitcoin and Ethereum. Featured image from Peakpx, chart from Tradingview.com
Canary Capital CEO Steven McClurg said this week that the firm is expecting to launch its XRP ETF next week.
XRP has been subjected to bold predictions about its future value in the crypto community this cycle. One such prediction came recently from Versan Aljarrah, better known as Black Swan Capitalist, who noted that the stage is set for XRP to hit the $100 mark. Here, he outlined a roadmap on social media that explains how XRP could scale from today’s modest $3 price levels to $100, $1,000, and even beyond. Big Players Need To Start Stacking According to Aljarrah, XRP’s first push to $100 is dependent on accumulation by big players. This is very important, and recent market dynamics have quietly increased this accumulation trend, especially as institutional investors are now anticipating the launch of a Spot XRP ETF anytime soon. Banks, financial institutions, and long-term investors are believed to have been quietly stacking XRP. This steady absorption of supply is creating the perfect conditions for a supply shock. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons On the demand side, XRP’s growing adoption in cross-border settlements and liquidity transfers provides a strong transactional base. When falling supply meets rising utility, the price could escalate quickly, and as such, the analyst noted that the stage is set for the token to hit the $100 mark. Moving beyond $100 requires factors that are far greater than only accumulation by big players. According to Aljarrah, moving from $100 to $1,000 requires widespread integration into the global financial system. In order to reach the $1,000 mark, the altcoin would need to switch from retail speculation and become deeply integrated into the financial system and become the go-to digital collateral and a preferred settlement layer. In this scenario, banks, stablecoin issuers, and tokenization platforms would rely on XRP for large-scale liquidity management and high-value settlements. This would cause the velocity of money and total value flowing through the XRP network to expand, and each XRP token would carry a larger share of global activity. This demand is enough to push its valuation to $1,000. Recurring $100 And $1,000 Predictions Aljarrah’s forecast aligns with past bold calls from other voices in the XRP community. Analysts such as EGRAG CRYPTO, Austin Hilton, and BarriC, and even discussions within XRP circles on social media and trading platforms, have suggested that $1,000 is possible under adoption in the realm of traditional finance. Related Reading: Pundit Drops Bombshell On XRP Circulating Supply, ‘It’s Smaller Than You Think’ These predictions vary in their timelines and assumptions but converge on the idea that XRP’s price potential is linked directly to its ability to absorb global liquidity. The idea of XRP going beyond $1,000 and reaching as high as $10,000 under full-scale utility, as Aljarrah suggested, is extreme, but it is possible if XRP reaches its full-scale utility and infinite scalability. At the time of writing, XRP is a long way from reaching the projected $100 and $1,000 price targets. XRP has been inching upward steadily this week. It is now trading at $3.10, up by 2.9% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
On-chain data shows that XRP whales are currently offloading their coins, which paints a bearish outlook for the altcoin. This comes as XRP struggles to stay above the psychological $3 level and risks dropping to new lows. XRP Whales Offload $480 Million Coins In Two Weeks Santiment data shows that XRP whales have dumped 160 million coins ($480 million) since around September 4, when their holdings peaked at around 6.95 billion. Since then, their XRP holdings have dropped from 6.95 billion to around 6.77 billion. These whales hold between 1 million and 10 million tokens. Related Reading: XRP’s Market Cap Beats Out Heavy Hitters In Climb Into 100 Top Global Assets — Here Are The Numbers There is also a similar pattern among whales holding 10 million to 100 million coins and those holding 100 million coins to 1 billion coins. The 10 million to 100 million XRP whales had begun offloading their coins since last month, with a notable drop from 8.1 billion coins to around 7.77 billion coins as of now. Meanwhile, XRP whales holding 100 million coins to 1 billion coins had begun offloading their coins since July, with a sharp drop in their holdings from around 10.83 billion during that period to 7.94 billion in August. However, since then, their holdings have remained stagnant, with these whales remaining on the sidelines, neither buying nor selling aggressively. This development paints a bearish picture for the XRP price as the token could witness further declines as these whales continue to offload their coins. Moreover, these whales are offloading their coins despite projections of a Fed rate cut this week and the upcoming launch of the first spot XRP ETF. This further fuels concerns that these events might turn out to be a ‘sell the news’ event, with a sharp price decline happening once they occur. A Potential Bearish Cross Lies Ahead For XRP In an X post, crypto analyst Egrag Crypto said that a potential bearish cross lies ahead for the XRP price. He predicted that the altcoin might dip to as low as $2.65 despite an imminent Fed rate cut. He noted that many are anticipating a rate cut but that the markets tend to react in the opposite direction, meaning that XRP could decline after the rate cut instead of rallying. Related Reading: XRP Price Forms Bull Flag On The Weekly Chart: Analyst’s $23 EOY Target Swims Into View Egrag Crypto further stated that for the XRP price to avoid the bearish cross, it needs to see a close above $3.07 and $3.13. If that happens, then he believes that the altcoin will be in a much stronger position to rally to the upside. The analyst predicted that XRP could rally to as high as $3.7 eventually. At the time of writing, the XRP price is trading at around $3, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
XRP’s price action this cycle has been full of notable bull runs. However, according to a crypto analyst known pseudonymously as CryptoBull, the real bull run is yet to begin. According to a technical analysis posted on X by this analyst, when XRP finally begins its bull run, the massive swing will take its price action to as high as $37. Analyst Says XRP Bull Run Hasn’t Started Yet XRP has displayed wide price swings in the past week, moving between $2.78 and $3.12 as volatility intensified across the wider crypto market. The token opened the week at $2.86 after a sharp sell-off, bounced back above $3.07 in a midweek surge, then retraced again before recovering to around $2.92 at the time of writing. These movements have kept XRP locked around the $3 level, which is shaping up as both resistance and support in the short term. Related Reading: Key Levels To Watch In Light Of XRP’s Macro Future Despite the price hovering around $3, which is still a 400% increase from its price point a year ago, crypto analyst CryptoBull argued that XRP has not yet entered its true bull run phase. In a post on X, the analyst highlighted how the current chart structure is repeating the pattern seen between 2015 and 2018. During that cycle, XRP traded in a prolonged sideways range before breaking into its historic rally that carried its price to an all-time high of $3.4. Although XRP has already broken past this price point to register a new peak of $3.65 this cycle, it is still closing below its previous peak. According to the analyst, this means that the breakout to new highs has not been confirmed. The accompanying chart reinforces this view, showing a consolidation just below the old ATH, with an arrow pointing to where the bull run begins. A Path To $37 If History Repeats Itself The most important takeaway here is for XRP to start closing above its previous all-time high of $3.4, especially on the weekly candlestick timeframe. According to CryptoBull, XRP would still be positioned to surge as high as $37 if this happens. This price target is based on the previous breakout in 2017, albeit with a reduced percentage gain. Related Reading: XRP On-Chain Activity Explodes By 500%, What’s Going On? If realized, this would represent more than a 1,130% increase from today’s price levels. Based on XRP’s current circulating supply, this would translate to a market cap of over $2.4 trillion. To put this into perspective, Bitcoin’s current market cap is currently about $2.2 trillion. Although this target might be too bullish, some XRP proponents have suggested that a Spot XRP ETF approval later this year could be the catalyst needed to ignite such a move. Others have even pointed to a larger price target above $100 contingent on XRP’s adoption among banks and other financial institutions. At the time of writing, XRP is trading at $2.92, down by 2.7% in the past 24 hours. Featured image from iStock, chart from Tradingview.com
XRP Open interest on the CME Group has reached a new all-time high (ATH), presenting a bullish outlook for the altcoin. This further underscores the massive demand for XRP exposure among institutional investors, which could serve as a catalyst for higher prices. CME XRP Futures Open Interest Hit News ATH In an X post, the CME Group revealed that the XRP futures have hit an all-time high in open interest with over 6,000 contracts on August 18, just before their three-month anniversary. The derivatives platform further remarked that this development is a clear sign of growing conviction in the market. Related Reading: XRP On-Chain Activity Explodes By 500%, What’s Going On? Since launching in May, these CME XRP futures have seen over 251,000 contracts traded, a trading volume of $9.02 billion, and $12 million in their XRP equivalent. In July, these XRP futures set a record of $235 million traded in just one day. These futures products have enjoyed massive demand since they launched, underscoring the huge interest in the altcoin among traditional finance (TradFi) investors. This is bullish for the XRP price, considering that activity in the derivatives market also impacts price action. Meanwhile, Coinglass data also shows that traders are currently betting heavily on XRP in the derivatives market. The altcoin’s trading volume has surged over 142% to $16.46 billion. Open interest has surged 8% to $8 billion. Furthermore, the record highs in the CME XRP futures open interest indicate that the spot XRP ETFs will record massive demand among TradFi investors once they launch. The absence of a spot XRP fund for now has meant that these investors have to invest in the futures products and ETFs to gain exposure to the altcoin. The prospective XRP ETF issuers recently amended the S-1 for their respective funds, which market expert Nate Geraci described as a “very good sign.” The Altcoin Eyes Rebounds As Buyers Step In In an X post, crypto analyst CasiTrades stated that buyers have stepped in and that the next stop for the altcoin is $3.21. The analyst remarked that bullish momentum came across the market just as the XRP price dipped below the consolidation pattern. With this, she indicated that the altcoin is unlikely to retest $2.77 before it continues its uptrend. Related Reading: XRP Price Could Explode To $3.8 Amid Trend Continuation CasiTrades stated that the short-term path points to $3.21 as the next major resistance and not the previous $3.41 resistance target. She declared that the current momentum is very strong and expects only a brief pause at that resistance before the altcoin rallies higher. The analyst noted that the brief pause could lead to a retest of the top of the consolidation near $3.168. At the time of writing, the XRP price is trading at around $3.02, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
In an interview hosted by Kyle Chassé, Bitwise Chief Investment Officer Matt Hougan and Bloomberg ETF analyst James Seyffart weighed in which spot ETF could attract more inflows– XRP or Solana–if approved on the same day. Both concluded that the initial wave of capital would likely favor XRP, even as longer‑term asset accumulation could tilt toward Solana. XRP or Solana: Which Spot ETF Will Dominate? Seyffart grounded his view in the performance of existing derivative‑based products. “We did have, we had a kind of a situation like this where we had futures Solana ETFs and leverage futures or derivatives based ETFs that have exposure to Solana launched before the XRP versions. And the XRP versions have got more assets and flows than the Solana version,” he said. While cautioning that “derivatives based products are nowhere near as high in the list of demand for investors as the spot products would be,” he cited that precedent alongside the strength of XRP’s retail community. According to Seyffart, a “pseudo spot product from Rex Osprey that went through a whole bunch of loopholes and end arounds to try and get exposure to spot Solana with staking” has also “done very well,” but not enough to alter his near‑term ranking. Related Reading: Analyst Reveals The Real Reason XRP Price Crashed Yesterday “I think in the near term, I would bet on XRP, but over the long term, I’d probably bet on Sol getting more assets,” Seyffart continued, pointing to mass‑market familiarity with XRP narratives—“anyone I know who doesn’t really know this space at all…they like XRP. They think it’s gonna be the backend settlement system for all banks”—and the persistent volume of XRP‑related discussion across TikTok, Reddit and other social platforms. “The ground game is unreal,” he said, before adding that institutional conversations skew differently: “From an institutional point of view…there seems to be a lot more serious people looking at Solana…definitely I lean Solana or Ethereum from my point of view.” Hougan concurred with the sequencing. “I actually agree. I think XRP would do better out of the gate,” he said, emphasizing that the intensity of a committed minority, rather than broad sentiment, drives day‑one ETF flows. “I think the average opinion of Solana is better than it is for XRP across crypto investors, but that’s not who buys the ETF on day one. It’s the passion, right?” Related Reading: XRP Whales Move $759M In Token: What Are They Up To? Recounting his experience at an XRP‑focused event, he underscored the depth of that base: “I went to an XRP conference in Vegas on a Saturday. There were 1,200 people in the room. Every seat was taken. That’s crazy…There is an army of people who are really passionate about XRP, and I think it would do exceptionally well out of the gate. It doesn’t matter, again, that 90% of people hate it. What matters is 10% of people love it.” Hougan added that Solana’s eventual trajectory would depend on its “narrative transition,” suggesting a shifting storyline around the network could influence timing-sensitive allocations. “If Solana is ripping…it would do well,” he said. “But my base case out of the gate would be XRP, at least for the first few months.” Taken together, the analysts’ assessments outline a bifurcated path: an early surge in XRP spot ETF inflows propelled by a highly mobilized retail constituency, followed by a potential reversion in which Solana, benefiting from deeper institutional engagement and evolving narratives, could surpass XRP in total assets over time. At press time, XRP traded at $3.06. Featured image created with DALL.E, chart from TradingView.com
Crypto pundit Zach Rector’s has published a bold projection that XRP could surge to $15 as soon as institutional inflows driven by exchange-traded funds (ETFs) increasingly reshape market dynamics. In his analysis, Rector contends that the anticipated inflows from XRP exchange-traded funds (ETFs) could transform the asset’s valuation landscape. His projection is rooted in conservative assumptions and is underpinned by JPMorgan’s earlier forecasts, which suggested that XRP ETFs might secure between $4 billion and $8 billion in new capital during their first year. Rector centers his model on the lower $4 billion figure, arguing that even this modest amount could set the stage for a dramatic market cap expansion. How High Can XRP Rise With A Spot ETF? Central to his thesis is what he terms the “market cap multiplier.” This metric, which he describes as “the ratio of the change in an asset’s market capitalization to the net inflows it receives,” serves as the engine behind his bullish scenario. Rector elaborated on the concept during one of his presentations: “When you witness a short-term event where XRP’s market capitalization surges dramatically with relatively low inflows, it highlights how sensitive the valuation can be to capital entering the market.” Related Reading: XRP Reaches ABC Pattern Top—Analyst Says $6.50+ Targets Still In Play He illustrated this with a striking example from April 12, 2025. On that day, over the course of eight hours, XRP’s market cap increased by $7.74 billion even though the net inflows were only $12.87 million—a phenomenon that translated into an extraordinary multiplier of 601x. “That moment was a wake-up call,” Rector noted, “a clear demonstration of how leveraged the digital asset market can be under the right conditions.” Despite this explosive example, Rector exercised caution by choosing a considerably more conservative multiplier of 200x for his primary analysis. With this multiplier, the $4 billion inflow assumption would generate an $800 billion increase in market capitalization. When added to XRP’s then-current market cap of roughly $125 billion, the theoretical total valuation climbs to nearly $925 billion. Given an estimated circulating supply of 60 billion XRP tokens, this scenario would result in a per-token price close to $15. “Even a conservative read on market trends points to a level of appreciation that is nothing short of transformative,” Rector explained. In discussing the underpinning assumptions, Rector was unequivocal about the limitations of his model. “Two things that are not included in this equation that do play a factor would be the futures market and then also the XRP ledger decentralized exchange activity,” he stated. Related Reading: XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level? Beyond the technicalities of his multiplier methodology, the broader market context lends weight to Rector’s optimistic forecast. Institutional momentum is evident, as evidenced by a surge in regulatory filings for spot XRP ETFs. Nine prominent financial institutions—among them Grayscale, VanEck, Ark Invest, and WisdomTree—have sought approval from the US Securities and Exchange Commission. “The fact that established asset managers are stepping forward to file for an XRP ETF is a signal in itself,” Rector commented. The SEC’s acknowledgment of these filings, coupled with the buzz around the Ripple legal settlement, has bolstered market sentiment. “There’s a tangible sense of optimism in the air,” Rector added. Notwithstanding the supportive environment, Rector remains measured in his outlook. He pointed to the underwhelming performance of Ethereum ETFs for context. Since their introduction in July 2024, Ethereum ETFs have only attracted about $2.28 billion in inflows. “This is a reminder that even with strong institutional interest, the transition from traditional finance to digital assets is not always straightforward,” Rector remarked. International developments have further reinforced the narrative. In March 2025, Brazil took a significant step by approving a spot XRP ETF, while the NYSE Arca recently debuted Teucrium Investment Advisors’ leveraged XRP ETF. “Global regulatory acceptance is key,” Rector asserted, “and as more jurisdictions warm up to digital assets, we can expect a more vibrant and dynamic market.” He concluded: “While no forecast is foolproof, the trends we are witnessing today suggest that a milestone like $15 per XRP isn’t just wishful thinking—it could very well be within reach.” At press time, XRP traded at $2.14. Featured image created with DALL.E, chart from TradingView.com
Brazil’s Securities and Exchange Commission gave the greenlight to the Hashdex Nasdaq XRP Index Fund, currently in a pre-operational phase.
After two weeks of trading within the $2.30 to $2.50 range, the XRP price appears to be on the brink of a significant price movement. Potentially entering a new price discovery phase for the first time in seven years, analysts suggest a possible surge to new record highs. Bullish Targets For XRP Price In a recent post on social media platform X (formerly Twitter), technical analyst Dark Defender indicated that the XRP price consolidation has concluded, as evidenced by the lows in the relative strength index (RSI) on the daily chart. Related Reading: Ethereum Price Gearing Up for Gains—Can Bulls Sustain The Momentum? The analyst posits that a “wave 3” rally may be set to launch, targeting a price of $5.85, which would represent an impressive 129% increase from its XRP’s current trading level of $2.55. Further reinforcing his bullish outlook, Dark Defender identified another ambitious target for XRP, suggesting it could nearly triple its previous all-time high of $3.40, aiming for a new target of $8.76, which implies a potential 243% uptrend from current levels. In addition, Dark Defender pointed to key support levels for the XRP price in the short-term, currently established at $1.88 and $2.33. The latter has proven to be a critical threshold, preventing further declines amid a turbulent market characterized by broader cryptocurrency sell-offs. On the upside, however, the XRP price may face major resistance at the $2.66 and $3.12 levels, which previously served as support before the extension of the recent downtrend for the altcoin. Should the XRP price manage to break free from its current consolidation phase and reclaim the $3 mark, additional resistance could emerge at $3.29 and $3.38, levels that previously thwarted attempts to surpass the $3.40 record. SEC Acknowledges Grayscale’s XRP ETF Filing A significant legal development in the US could serve as a catalyst for these anticipated price movements. The US Securities and Exchange Commission (SEC) has recently acknowledged Grayscale’s filing for an XRP exchange-traded fund (ETF), signaling potential advancements toward the approval of such investment vehicles. This development follows a shift in the SEC’s leadership, with the departure of Gary Gensler, who oversaw the lawsuit against Ripple Labs—an action that stifled XRP’s price for nearly four years, confining it to a narrow trading range of $0.30 to $0.50. Related Reading: Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path The current administration under President Donald Trump is seen as adopting a different approach to regulatory oversight compared to the previous Biden administration. The new SEC leadership may promote a more favorable environment for cryptocurrencies beyond the approvals of Bitcoin and Ethereum ETFs last year, which have significantly increased their adoption and attracted capital inflows. However, until these developments materialize, the XRP price remains steady at $2.55, having recorded an 11% gain over the past week but a notable 17% decline over the previous fourteen days. Featured image from DALL-E, chart from TradingView.com
The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments’ 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency’s confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the start of the formal review process that could ultimately decide whether the product is cleared for public listing. James Seyffart, who reported the news via his X account, stated: “There it is — The SEC just acknowledged Grayscale & NYSE’s 19b-4 filing to list an XRP ETF (this was mostly expected but officially means the clock will start soon for this and Dogecoin).” Why This Is An ‘Enormous Message’ For Ripple The SEC’s acknowledgment kicks off a regulatory timetable, opening a window for public commentary and multiple rounds of decision-making. The agency is expected to follow this step-by-step procedure to either approve, reject, or request additional information concerning the proposed XRP ETF. Related Reading: Pundit Sounds Major Crash Alarm For XRP Price As ’12-Year Cycle’ Comes To An End Although formal acknowledgment does not guarantee an approval further down the line, it underscores that the SEC is sufficiently engaged to put the filing on the official docket. Nate Geraci, President of the ETF Store and Co-Founder of the ETF Institute, underlined the significance of this action in the context of the SEC’s ongoing legal dispute with Ripple. He remarked: “SEC has acknowledged NYSE’s 19b-4 filing to list & trade Grayscale XRP ETF… Obviously a potentially huge statement re: SEC’s case vs Ripple.” Geraci further elaborated on what he perceives as a remarkable development: “Shocked more people aren’t talking about SEC accepting XRP ETF filing… They have open litigation w/ Ripple. Meanwhile, they just acknowledged filing of ETF holding asset in dispute (they easily could have rejected this filing). Enormous message IMO.” Related Reading: Massive XRP Accumulation – Whales Bought 520 Million XRP During Market Dip These statements highlight how the SEC’s willingness to initiate the review process—rather than dismissing it outright—could indicate the SEC’s openness to settle or drop the Ripple case which is currently at the Court of Appeals. Fox Business journalist Eleanor Terrett provided additional context on why the acknowledgment alone is noteworthy: “Because it means this SEC is being more open-minded and not flat out refusing to consider these products. Recall, exchanges pulled the SOL 19b-4 applications in December when the Gensler SEC signaled it would not engage with them. […] Next up, the SEC should acknowledge the XRP ETF applications from issuers that filed later than Grayscale — including Bitwise, 21Shares, Canary Funds, Wisdom Tree. The 240-day window for Grayscale’s approval starts when it gets posted to the federal register which should be in a couple of days from now.” Following the announcement, XRP’s price rose by over 5% in a relatively muted overall market. However, technical analysis of the XRP/USDT 4-hour chart indicates that as of press time, the token failed to break through a major resistance level. The rejection occurred at the 0.5 Fibonacci retracement (Fib) around $2.58. If buyers manage to push XRP above this threshold, the next critical resistance is near $2.77 (the 0.618 Fib). A sustained rally beyond that point could see the token retest its January 25 high at $3.40. Featured image created with DALL.E, chart from TradingView.com
In a notable change in the crypto regulatory environment, asset managers are regaining confidence in their pursuit of ETFs. Significantly, CoinShares submitted applications for a spot XRP ETF and a Litecoin (LTC) fund, indicating an increasing enthusiasm for altcoin investment offerings. CoinShares Targets Litecoin And XRP ETF CoinShares’ submission arises as the US ETF market is progressively concentrating on cryptocurrency investments, after the approval and resulting success of funds investing in Bitcoin (BTC) and Ethereum (ETH) in 2024. The firm has submitted an S-1 registration statement to the Securities and Exchange Commission (SEC) to launch the XRP ETF, aimed at providing investors with direct exposure to the market’s second largest altcoin. Related Reading: SAB 122 Is A Bigger Bitcoin Price Catalyst Than The US BTC Reserve Additionally, CoinShares is expanding its offerings by applying for a spot Litecoin ETF, positioning itself as one of the few companies actively exploring altcoin-based ETFs in the US market. On the same day, Grayscale Investments also filed applications with the New York Stock Exchange (NYSE) for both a Solana ETF and a Litecoin ETF, alingning with other firms, including Canary Capital and CoinShares, all seeking regulatory approval for similar products. Skepticism Surrounds Proposed Litecoin ETF Despite the enthusiasm surrounding the XRP ETF filing, the altcoin has shown a mixed response in the market. XRP recently emerged from a nearly three-year consolidation period below the $0.50 mark, boosted by excitement surrounding pro-crypto regulatory shifts under President Donald Trump. Currently, XRP is experiencing remarkable momentum, boasting a staggering 500% year-to-date gain, trading at approximately $3.10. However, the announcement of CoinShares’ XRP ETF did not significantly impact the token’s price, which remains down 0.4% within a 24-hour period. Related Reading: XRP Long Term Potential Remains Extremely Bullish Possibility Of Price At $20 On a more critical note, the proposed Litecoin ETF has sparked skepticism among some market experts. Analyst Ali Martinez expressed concerns regarding the viability of a Litecoin ETF, pointing out that the coin has remained stuck in the same price range since 2017, a span of eight years. The analyst continued to probe the reasoning for initiating a Litecoin ETF when ironic options, like a “USDT ETF,” he claims, might provide more instant advantages such as staking rewards. Featured image from DALL-E, chart from TradingView.com
JPMorgan Chase & Co. Analysts have made a significant projection regarding the potential impact of a new wave of exchange-traded funds (ETFs) focused on alternative crypto assets. Should these funds receive the green light from the US Securities and Exchange Commission (SEC), they could attract inflows of up to $14 billion, marking a notable development in the evolving landscape of cryptocurrency investments. JPMorgan Highlights Growing Interest In Alternative Crypto ETFs The analysts specifically highlighted the anticipated interest in proposed ETFs for Solana and XRP. They estimate that Solana ETFs could draw between $3 billion and $6 billion within six to twelve months post-approval, while XRP funds might see inflows ranging from $4 billion to $8 billion over the same time frame. Related Reading: Analyst Who Predicted Bitcoin Price Crash To $89,000 Reveals Where BTC Is Headed Next This optimism is grounded in the observed adoption rates of existing spot cryptocurrency ETFs. For context, Bitcoin (BTC) funds currently hold approximately $108 billion in assets, which represents about 6% of Bitcoin’s market capitalization since their introduction a year ago. Meanwhile, Ethereum (ETH) exchange-traded funds have accumulated $12 billion in just six months, translating to a 3% penetration rate of Ethereum’s market value. While JPMorgan anticipates that Bitcoin will remain the dominant choice for investors, the interest in Solana and XRP underscores a growing diversification within the crypto investment community. However, the analysts noted that the key question remains: how much demand exists for additional crypto products? They expressed uncertainty about whether the launch of new exchange-traded products (ETPs) will significantly impact the market. Signs Of Industry Growth Post-Trump Election The SEC has recently received numerous applications for funds tracking various cryptocurrencies, including XRP, Solana, and Litecoin. This influx of filings signals a broader industry push to make cryptocurrencies more accessible to retail investors. In addition, the regulatory landscape has been particularly dynamic in light of the recent election of Donald Trump, who has shifted from being a Bitcoin skeptic to a supporter of digital assets. His administration has already shown a willingness to align with the interests of the crypto community, notably by appointing Paul Atkins, a proponent of cryptocurrency, as the new SEC chair, replacing the previous chair Gary Gensler, who was more critical of the industry. Related Reading: Chainlink Weekly Chart Looks Promising – If Bulls Reclaim $30 ‘ATH Are Next’ Despite the positive outlook, JPMorgan cautioned that progress on ETFs beyond Bitcoin and Ether may be slow due to the recent change in administration and the ongoing lack of regulatory clarity. Nevertheless, the analysts remain optimistic, predicting that more exchange-traded fund applications will be submitted—and potentially approved—in 2025. At the time of writing, XRP is trading at $2.67, posting gains of nearly 6% in the 24-hour time frame. Solana, on the other hand, is trading at $188, up 3% in the same time frame. Featured image from DALL-E, chart from TradingView.com
In a recent interview with Bloomberg Crypto, Ripple President Monica Long expressed strong optimism about the imminent approval of a spot XRP exchange-traded fund (ETF) in the United States. Long also provided insights into the expansion of Ripple’s new RLUSD stablecoin, which she believes will see major adoption in the coming months. Ripple’s RLUSD Set […]
Global exchange-traded fund (ETF) issuer and asset manager WisdomTree has officially submitted an S-1 application for a spot XRP ETF to the US Securities and Exchange Commission (SEC), becoming the fourth asset manager in the US to seek approval of the index fund. Growing Interest In XRP ETF The proposed fund, named the WisdomTree XRP […]
Spot Bitcoin ETF provider WisdomTree became the fourth firm in the US to submit a Form S-1 filing with the SEC for a spot XRP ETF.
On Monday, it was announced that asset manager WisdomTree has entered the race for a spot XRP ETF. The move comes at a pivotal time, marked by expected leadership changes at the US Securities and Exchange Commission (SEC) and the recent election of Donald Trump. XRP ETF Applications Surge WisdomTree joins a growing list of […]
On Friday, crypto asset manager 21Shares filed an S-1 registration form for a spot XRP ETF with the US Securities and Exchange Commission (SEC) to establish the 21Shares Core XRP Trust. This filing follows similar applications from other firms, including Canary Capital and Bitwise in the past months, as interest in crypto ETFs surges, particularly […]
Bitwise Asset Management has officially filed for a spot XRP exchange-traded fund (ETF) with Delaware’s Division of Corporations on September 30. The filing encompasses the registration for establishing a Delaware statutory trust, a business-oriented trust recognized under Delaware state law. This strategic move aligns with precedents set by prominent financial entities such as BlackRock and […]
According to a report by Nikkei, SBI Holdings will establish a joint venture with Franklin Templeton, a prominent US investment management company, by the end of this year. The joint venture aims to explore the investment environment for spot Bitcoin ETFs in Japan and could be a new hope for a spot XRP Exchange Traded […]
In an interview with Tony Edwards of Thinking Crypto, Matthew Sigel, Head of Digital Assets Research at VanEck, explained the firm’s decision to file for a spot Solana-based Exchange Traded Fund (ETF) rather than one based on XRP. VanEck, a pioneering investment management firm in the US, has chosen to back Solana due to its […]