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XRP might reach $200 billion if SEC permits cryptocurrency ETFs in 2025
XRP recovered 28% from the weekly low of $1.90 on Friday, rising over $2.42.
Analysts expect an XRP ETF to draw $5 billion in inflows, similar to Bitcoin's ETF and stoking a rise.
On its way to $200 billion, XRP must breach $2.99 barrier to reach $3.40.
XRP recovered 28% from the weekly low of $1.90 on Friday, rising over $2.42. The rise was spurred by the SEC starting settlement discussions with Ripple and Blackrock rumors about cryptocurrency derivatives.
How high may XRP go if cryptocurrency ETFs are legalized this year?
Reports of SEC commodities categorization push XRP beyond $2.4 XRP rose 5% to recover $2.30 on news that the SEC may categorize it as a commodity in Ripple Labs settlement talks. This regulatory milestone may reduce legal uncertainty and increase institutional engagement.
Market sources indicate that the SEC is considering classifying XRP as a commodity like Bitcoin and Ethereum. If XRP gets this designation, its ETF prospects may improve.
Market watchers say an SEC announcement confirming XRP's commodity classification might spark a price rise. Similar speculation once boosted XRP from $0.90 to $3.10 in two months. This means XRP might retest $3 if cryptocurrency ETFs are legalized.
Will Blackrock issue XRP ETFs? In addition to ETF approval rumors, BlackRock may develop XRP and Solana ETFs. The ETF Institute Co-Founder Nate Geraci's bold forecast has encouraged this speculation:
I am ready to log official predictions. BlackRock will apply for Solana and XRP ETFs. Solana may arrive soon.
Consider XRP's SEC complaint. BlackRock leads in Bitcoin and Ether ETF assets. I don't see them letting rivals create ETFs on two of the top 5 non-stablecoin crypto assets without a battle. BlackRock will likely register for crypto index ETFs, too.”
Within 15 months of creation, BlackRock has 567,000 Bitcoin worth $47.8 billion, surpassing MicroStrategy's 499,096 BTC.