Where Bloomberg now estimates the odds of approval at 95% $XRP .
The #الريبل currency could see a massive price increase if the Ripple exchange-traded funds attract even a portion of the capital that has been pumped into Bitcoin exchange-traded products.
Recently, Bloomberg's exchange-traded fund analysts, Eric Balchunas and James Seyfert, confirmed that they updated the approval odds for the Ripple exchange-traded fund to 95%. This has sparked more excitement about what that might mean for the price of Ripple.
The price of Ripple if the Ripple exchange-traded funds attracted 35% of the flows from Bitcoin exchange-traded funds.
Notably, if the Ripple exchange-traded funds attracted a small portion, say 35% of the net flows that the Bitcoin exchange-traded funds have attracted since their launch in January 2024, our calculations suggest that the price of Ripple could reach nearly $30.
To put things into perspective, Bitcoin exchange-traded funds have seen net flows of $46.66 billion since their launch. If $XRP can attract 35% of that, it would record about $16.331 billion in net flows. This development would have a massive impact on prices.
It is important to note that in market assessments, the price does not rise one-to-one with capital flows. Instead, traders use multiples to estimate how incoming flows will affect market value. Some previous multiples reached 674x.
However, to achieve a conservative estimate, we used a more modest multiple of 100x, giving a clearer picture without exaggeration. At this rate, $16.331 billion in ETF flows would add $1.633 trillion to the value of #XRP .
Currently, the market capitalization of XRP is $125.87 billion and it is trading at $2.13, with a circulating supply of 58.93 billion tokens. If you add $1.633 trillion to its current market value, the total jumps to $1.759 trillion. This places the expected price of $XRP at $29.89 per token, nearly $30, considering the current circulating supply.
Updates on exchange-traded XRP funds.
It is worth noting that this scenario seems more realistic now that expectations around approvals for exchange-traded XRP funds have surged. Seyfert and Balchunas from Bloomberg recently pointed to ongoing engagement from the SEC and said they believe approval will come; it’s just a matter of time.
Traders also show strong confidence in forecasting platforms like Poly,,market, where the chances of approval for exchange-traded XRP funds in 2025 jumped to about 88%.
Odds of approval for XRP funds.
There has also been an increase in institutional interest. By the time of publication, in 2025, several major companies, including Franklin Templeton, 21Sh, ares, and Bi,tw, ise, have submitted applications for the immediate exchange-traded XRP funds, and these applications are now under review by the U.S. Securities and Exchange Commission (#SEC ).
The Franklin Templeton proposal attracted the most interest. The company submitted its application in March 2025, and while the U.S. Securities and Exchange Commission recently postponed its decision, this move followed standard procedures. The agency also opened a window for public comments, allowing investors until late July to express their views on the proposed rule changes.
Meanwhile, Canada has already taken a step forward. This week, the Toronto Stock Exchange launched three immediate exchange-traded XRP funds, demonstrating that the global demand for regulated XRP investment products is real and growing.
If U.S. regulators follow Canada's lead and the exchange-traded XRP funds gain just a fraction of the attraction that the B, it, coin exchange-traded funds have enjoyed, XRP could be on the verge of one of the largest moves in its history.
