All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- XRP has been underperforming lately, with predictions reaching as high as $10, trading 25% below its all-time high of $3.84.
- Donald Trump’s administration promises a better and nurturing environment for assets, and this includes the approval of XRP ETFs.
Before 2024 came to a close, President Donald Trump had already established a bullish mood for the cryptocurrency market. This involves establishing a cryptocurrency-based reserve and implementing crypto-friendly regulations.
Under Joe Biden’s rule, Bitcoin (BTC) and Ethereum (ETH) exchange funds were approved, the BTC ETF in January and the ETH ETF in July. The token that is expected to follow on this list is Ripple (XRP), the third-largest token with a market capitalization of $171 billion.
The SEC has kept investors waiting, pushing back deadlines for multiple spot XRP ETF applications. Grayscale’s review was extended to mid-October, and other filings from Bitwise, CoinShares, 21Shares, and Canary Capital were all delayed until October as well. But, as SEC Commissioners like Hester Peirce have both clarified, these delays are procedural, not rejections, and every application remains under review.
It’s also worth noting the distinction: Spot ETFs would give investors direct ownership of XRP, a critical piece for long-term institutional adoption. Futures ETFs, on the other hand, only provide indirect exposure and are easier to approve under current SEC rules.
For Ripple, this is especially symbolic. In 2020, the SEC accused the company of raising more than $1.3 billion through unregistered securities sales of XRP. That lawsuit has since ended, clearing a major hurdle. With the legal battle behind them, the crypto community believes XRP’s spot ETF approval isn’t a matter of “if” anymore, just “when.”
Predictions From Analysts
On social media, XRP supporters are already excited at the possibility. Crypto enthusiast Kenny Nguyen pointed out on Twitter: “Over 90 crypto ETFs are pending for approval in the US. And XRP ETFs’ deadlines are in October. We are next to go!”
Others are taking a more bullish tone. Popular XRP analyst Dark Defender reminded followers that Franklin Templeton, managing a staggering $1.53 trillion in assets, has already filed its XRP ETF, the 17th such filing overall. He wrote: “Just imagine when all are approved. Double digits for XRP will be as easy as pie.”
Matthew Sigel, head of digital assets research at VanEck, suggested that both XRP and Solana ETPs could attract between $3 and $8 billion in net inflows once they hit the market. Sigel pointed out that when Bitcoin ETPs launched, they pulled in an astounding $108 billion in their first year alone, representing about 6% of Bitcoin’s total market cap at the time.
Ethereum followed suit. Within just six months of Ether ETPs hitting the market, they had already absorbed $12 billion in assets, which was roughly 3% of ETH’s market cap. For Sigel, this adoption rate is the real signal, and it’s only logical that the next tier, led by XRP and Solana (SOL), will follow a similar trajectory.
When applying those same adoption metrics, XRP alone could see $4–8 billion in assets under management (AUM) flow into ETFs within its first year of approval.
While revisiting a post from December 2023 prediction, Deark Defender took note of similarities between XRP’s current chart and the 2017 and 2021 bull runs. At the time, he laid out price targets of $18.22 and $36.76 in the short-to-mid term, warning that “it will be too late to hop on the train once the ETF approvals hit.”
Despite trading under the $3 mark at $2.87, XRP has still delivered an eye-catching 402% gain over the past year.
