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This is the price of XRP after ETF approval
Date:
May 1, 2025
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The price of XRP could reach even greater heights if XRP exchange-traded funds manage to secure even a small portion of Bitcoin ETF flows after approval.
The potential approval of XRP exchange-traded funds (ETFs) in the United States could have tremendous price implications for this currency. As most regulatory hurdles related to XRP are resolved and institutional interest increases, the chances of approval have improved.
Interestingly, Polymarket expects an 80% chance for the approval of the XRP exchange-traded fund this year, up from 68% just a week ago. With market participants eagerly anticipating these products, most expect a bullish impact on XRP's price, especially if it achieves similar success to Bitcoin exchange-traded funds.
- Announcement -
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Chances of XRP ETF approval on Polymarket
Chances of approval for the XRP exchange-traded fund | Polymarket
XRP price if XRP exchange-traded funds capture 15-30% of Bitcoin exchange-traded fund flows
In a related context, data from Sosovalue indicates that Bitcoin exchange-traded funds have gathered nearly $39 billion in net inflows since their launch in January 2024. If XRP exchange-traded funds capture just 15% to 30% of this figure, XRP's price could rise significantly.
For example, assuming that XRP exchange-traded funds attract 15% of Bitcoin exchange-traded fund flows, this would equate to $5.85 billion flowing into XRP-focused funds. Applying a modest flow-to-value multiple of 100 times, this amount of $5.85 billion could enhance XRP's market capitalization by $585 billion.
It is worth noting that when adding the current market capitalization of around $130 billion, the total new valuation would reach $715 billion. At the same time, the circulating supply of XRP currently stands at 58.44 billion tokens. Based on this figure, the token's price would reach approximately $12.23, reflecting a 450% increase from its current trading price of $2.22.
However, doubling this share to 30% of Bitcoin exchange-traded fund flows would have even more dramatic effects. This higher percentage would result in a net capital inflow of $11.7 billion into XRP exchange-traded funds. This would lead to an increase of $1.17 trillion in XRP's total value by applying the same 100x multiple.
When combined with the current market capitalization of $130 billion, the value of XRP could rise to around $1.3 trillion. This new valuation results in an XRP price of $22.2, considering the supply of 58.44 billion tokens. This increase would represent an approximate 900% rise in value from its current price.
- Announcement -
Developments in the XRP exchange-traded fund
While these predictions are based on assumptions, the growing interest in XRP exchange-traded funds supports the idea that institutional investment could flood the market once approvals are obtained. The Chief Investment Officer at Bitwise has previously confirmed that they are witnessing significant demand for XRP exchange-traded funds.
It is noteworthy that the XRP exchange-traded fund landscape has seen rapid developments throughout 2024 and 2025. Teucrium Investment Advisors led the way by launching the Teucrium 2x Long Daily XRP ETF on April 8, providing leveraged exposure to daily XRP price fluctuations.
Interestingly, ProShares recently received the green light to launch a series of futures-based exchange-traded funds, including leveraged and inverse offerings. However, these products rely on derivatives, not on direct holdings of XRP.
Despite this momentum, no spot trading fund for Ripple (XRP) has been approved yet. Several companies, such as Bitwise, 21Shares, WisdomTree, and Franklin Templeton, have submitted applications.
Among them, Franklin Templeton recently experienced a delay when the U.S. Securities and Exchange Commission announced on April 29 that it was extending the review period for the company's proposal regarding the spot XRP ETF.
Most importantly, the potential outcome of Ripple's case against the U.S. Securities and Exchange Commission (SEC) would enhance approval prospects. Several companies, including Bitnami, Coinbase, and the CME Group, have proposed futures contracts for Ripple under the oversight of the Commodity Futures Trading Commission (CFTC). This further supports the launch of a trading fund for Ripple.