Crypto analyst Chad Steingraber has sparked both excitement and skepticism in the crypto community with a bold prediction for the XRP price. According to his technical analysis, XRP could surge to an astonishing $220 solely due to the impact of its Exchange-Traded Funds (ETFs). He draws a parallel with Bitcoin’s historic price spike following its spot ETF launch, suggesting that institutional adoption and market enthusiasm could drive a similar meteoric rise for XRP. While the bold claim has caught the interest of market participants, questions remain about whether this projection is realistically achievable. XRP Price To Reach $220 From ETF Influence On Wednesday, Steingraber shared his bullish XRP price forecast on X social media, suggesting that the cryptocurrency could experience an explosive surge to $220 depending on the results of its ETFs. He bases this striking prediction on the potential impact of institutional inflows, arguing that the launch of major XRP ETFs could dramatically increase XRP’s demand and price. Related Reading: XRP Investors Holdings Have Hit Worst Losses In 1 Year, Here Are The Stats Steingraber has based his XRP price projection on Bitcoin’s post-ETF launch performance in 2024. He pointed out that the BTC price roughly doubled in value during the first year after its Spot ETF debut, driven by strong institutional adoption, market enthusiasm, and broader momentum. Using this as a benchmark, the analyst compares both the absolute and percentage gains of Bitcoin to estimate that XRP could experience a similar surge in value. He believes that with the potentially massive inflows set to come from XRP ETFs, the current price of the cryptocurrency could multiply by 100x to reach $220. Steingraber has highlighted the Canary XRP ETF, XRPC, which recorded massive consecutive inflows this month and became one of the most successful ETF launches in 2025, as evidence of growing institutional interest. He described XRPC as a “warning shot,” signaling the arrival of other major players in the market. ETF Inflows To Consume Supply, Amplifying Price Pressure In a separate analysis, Steingraber examined the potential effects of ETF inflows on XRP’s supply and price. He envisioned a scenario where multiple funds collectively acquire over $1 billion worth of XRP in a single day, which is equivalent to more than 229 million XRP. Extending this hypothetical situation, he calculated that weekly ETF activity could absorb over 1.14 billion XRP, while monthly accumulation could exceed 4.58 billion XRP. Related Reading: Famous Trader Bets $27 Million That The XRP Price Will Crash In about six months, he surmised that ETF demand could theoretically purchase nearly 27.5 billion XRP, an amount large enough to consume a significant portion of the cryptocurrency’s circulating supply. Additionally, Steingraber’s projection highlights the potential structural pressure that institutional ETFs could exert on the altcoin’s price. Even without price appreciation, the analyst suggests that the scale of potential ETF inflows could create supply constraints that could drive upward momentum. Additionally, he predicts that the collective ETFs could drain the entire public supply within one year. 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’s spot XRP Exchange-Traded Fund (ETF) has surpassed most of the experts’ predictions, and it is currently on track to see a record-breaking debut after registering strong institutional demand on its first day. Related Reading: Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment First Spot XRP ETF Begins Trading On Thursday, the first single-token XRP spot ETF began trading on Nasdaq, smashing the initial performance expectations of multiple experts after clearing the last regulatory hurdles this week. Following the launch of Canary Capital’s spot XRP ETF (XRPC), the investment management firm asserted its conviction that “XRP Ledger represents a leading framework for global payments — purpose-built for interoperability and real-world settlement.” Notably, Canary Capital recently completed its 8-A filing for its XRPC ETF with the US Securities and Exchange Commission (SEC) and received the stock exchange’s green light on Wednesday afternoon. The Thursday launch comes amid the end of the US Government shutdown, which officially lasted 43 days and was forecasted to delay the long-awaited Altcoin ETFs until its conclusion. For context, the SEC was expected to approve multiple crypto-based investment products between early October and November, after the regulatory agency postponed the decision deadline in Q3 and released new generic listing standards for the products. However, the second wave of crypto-based investment products arrived despite the government setback, with the first set of ETFs launching over two weeks ago. On October 28, Canary Capital’s spot Litecoin and Hedera ETFs and Bitwise’s Solana Staking ETF (BSOL) began trading after filing 8-A forms with the SEC. As crypto journalist Eleanor Terret explained, the launch was possible because an open government wasn’t required to continue the process, and the 8-A filings are “just as important” as the S-1 forms, since they register ETF shares under the Securities Exchange Act of 1934. Canary’s XRPC To Challenge BSOL’s Debut Ahead of the launch, multiple experts predicted that Canary’s spot XRP ETF could see strong demand and reach between $15 million and $35 million in volume on its first day. Senior ETF analyst at Bloomberg, Eric Balchunas, initially suggested that the investment product could hit $17 million in volume. Following the first half-hour, the XRP ETF saw $26 million in volume, the analyst noted, breaking past his original expectations. As a result, Balchunas suggested that the XRPC had a “good shot” at surpassing BSOL’s first-day volume and becoming the biggest ETF launch of 2025. As reported by NewsBTC, Bitwise’s SOL Staking ETF recorded an impressive volume of $10 million in the first 30 minutes of trading, which surged to $33 million by the half-day mark. The investment product closed its first day with around $57 million in volume, beating all other launches of this year. Related Reading: SUI Eyes Key Retest As Price Breaks Out Of Downtrend – Rally To $3 Ahead? In the afternoon, analyst James Seyffart noted that Canary’s XRP ETF had recorded around $46 million in volume by the half-day mark, with a few more hours of trading ahead. The analyst initially suggested that XRPC could see around $34 million in volume on day one. “This is almost guaranteed to be near the top of the list for 2025 launches and still has a shot at beating $BSOL for the top spot,” Seyffart concluded. As of this writing, XRP trades at $2.30, a 3.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com