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How Much Could XRP Increase with Potential ETF Approval?

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Table of Contents

– Ripple’s XRP surged by over 10% after the SEC acknowledged NYSE Arca’s XRP ETF request, pushing it above $2.80, currently at $2.82—up 10.28% in the last 24 hours

-The potential approval of XRP ETFs could significantly impact its market value, with predictions of notable growth similar to Bitcoin’s post-ETF surge

-If XRP performs half as well as Bitcoin did after its ETF approval, it could be valued at $4.23, and if it matches Bitcoin’s performance, XRP could reach $5.89

    Ripple’s XRP token surged by over 10% following yesterday’s report that the Securities and Exchange Commission acknowledged NYSE Arca’s XRP ETF request.

    The news was enough to push the asset back above $2.80, as buyers attempt to bring it back to the three-dollar margin. As of right now, $XRP trades at $2.82—up 10.28% over the last 24 hours, according to CoinMarketCap.

    This news is extremely exciting for investors, as the bullish momentum seen on this day could continue as fund managers begin the regulatory race toward XRP exchange-traded funds. 

    So far, the SEC has acknowledged NYSE Arca’s request to transform Grayscale XRP Trust into an ETF, as well as a similar request by 21Shares. Meanwhile, WisdomTree and Bitwise have also applied with the commission to launch spot XRP exchange-traded funds. 

    Overall, the market seems extremely optimistic about the odds of an XRP ETF happening in 2025. Polymarket, a decentralized information markets platform that allows users to bet on the outcomes of real-world events, states that the odds of an XRP ETF happening this year are 78% — a nearly 30% increase since December 2024.

    Potential Profits and Price Increase of XRP

    The potential approval of XRP ETFs could have a significant impact on its market value. Drawing a comparison from Bitcoin ETFs and how they helped boost BTC to new highs in early 2024—XRP could be poised for notable growth in 2025. 

    Of course, not all Bitcoin growth last year can be attributed to the launch of ETFs. But still, the currency went from around $50,000 to over $100,000 in the span of a year. If XRP follows a similar trajectory, investors could see substantial gains, with the altcoin valued at $4.00 or even $5.00 not out of the picture.

    Putting it in numbers, the first Bitcoin ETF was launched on January 11, 2024 when BTC was valued at $46,525. Currently, Bitcoin trades at $97,681 — a 109% increase since ARK 21Shares Bitcoin ETF (ARKB) launched the first Bitcoin ETF.

    If XRP managed to perform half as well as Bitcoin did, the altcoin would be valued at $4.23 after a 50% increase. In the rare case that it performs just as well as BTC, XRP would be valued at $5.89 after a 109% increase.  

    The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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    Picture of Giovane

    Giovane

    My name is Giovane, and I've been covering the world of cryptocurrencies for nearly half a decade. I have a deep passion for understanding how crypto is shaping our future and enjoy diving into the news that highlights these changes. I'm particularly interested in how Bitcoin, Altcoins, and blockchain technology impact economies and societies worldwide.

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