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CEO DAG analyzes the impact of the XRP ETF on XRP price
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Jake Claver, CEO of Digital Ascension Group (DAG), shares his insights on the potential of the XRP ETF:
1.
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ETF capital drives XRP price
If the XRP ETF is approved by the SEC
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, Claver predicts it could attract 6 billion USD (15% of Bitcoin ETF capital). With a 100x multiplier, XRP's market cap could reach 715 billion USD, pushing the price up to 12 USD
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(increasing 450% from 2.22 USD).
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Lessons from Bitcoin
The Bitcoin ETF helped the price rise from 45,000 USD to over 100,000 USD
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. Claver expects a similar outcome for XRP, although it may experience short-term declines due to "sell the news"
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.
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Regulation & major institutions
ETF approval is expected by the end of 2025
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. Bitwise and Grayscale have filed
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, but the involvement of BlackRock or Fidelity would change the game
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.
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Optimistic predictions
Analyst Zach Rector believes the XRP ETF could push the price to 15 USD with a capital influx of 4-8 billion USD and a 200x multiplier.
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Risks
Predictions are only assumptions
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. The market is volatile, and XRP's price could drop if the ETF does not meet expectations.
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Conclusion
The XRP ETF could push the price to 12-15 USD
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, but investors need to be cautious and conduct thorough research
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