- XRP is ready to rip, analysts say.
- Bullish signs include ETF acknowledgments and Trump.
- XRP ETFs are expected to a lure $8 billion in inflows.
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Greetings! Eric here.
The XRP army is absolutely buzzing.
While the Ripple-linked asset’s price has surged over 400% over the last year, analysts say the rally is only getting started and that XRP may even flip Ethereum as the second biggest crypto.
So how exactly is the Ripple-linked asset going to add another $185 million to its market value? Through spot XRP exchange-traded funds of course.
“This is likely to result in a surge in price if prior examples of Bitcoin and Ethereum ETF approvals are to be taken into account,” Jacob Joseph, senior research analyst at digital asset data firm CCData, told DL News earlier this week.
Analysts also point to Donald Trump’s pro-industry initiatives, and potential dismissals of Securities and Exchange Commission lawsuits, which may include its case against Ripple.
Good odds
The SEC has already acknowledged several XRP ETF applications. They still have a ways to go before approval, but, many remain optimistic.
Previous filings were immediately told to withdraw, Bloomberg Intelligence analyst Eric Balchunas said.
Punters on Polymarket put the odds of an approval before the end of 2025 at 81%. Balchunas and his colleague James Seyffart put the odds at 65%.
The acknowledgement of Bitwise, Coinshares, Grayscale and others’ applications also adds a timeline to the procedures.
The SEC has until mid-October to say yes or no.
If they are approved, analysts expect the XRP ETFs to lure up to $800 million in their first week.
JPMorgan has said it sees around $8 billion flowing into XRP ETFs within their first year of trading.
Elsewhere, Brazil’s regulator approved an XRP ETF by crypto fund manager Hashdex.
It’s the world’s first XRP ETF, which will eventually trade on Brazil’s stock exchange.
So things are looking good for XRP. That is, if you ignore the warnings about a huge financial crash in the not so distant future.
But why ruin the mood and spread FUD?
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