Given that XRP institutional products’ inflows reached $10.5 million in the past week, bulls speculate that this asset’s price might reach $5 this month.

Furthermore, there is a high chance that the XRP exchange-traded fund (ETF) will be approved in July this year.

Calling out this development, renowned crypto pundit, JackTheRippler, stated, “The Grayscale Digital Large Cap Fund Index ETF, including XRP, is scheduled to launch on July 2nd.”

ETFs are game-changers because they enable investors to diversify their portfolios at a cost usually lower than traditional mutual funds