XRP ETF Fever Hits 85% Approval Odds—Traders Brace for Rocket Ride
Wall Street’s latest shiny object? A potential XRP ETF—and the crypto herd is stampeding toward it. Analysts now peg approval chances at a staggering 85%, sending traders into frenzy mode.
Ripple’s legal wins and institutional demand fuel the fire. ’This isn’t retail FOMO anymore,’ says one hedge fund manager. ’It’s the suits realizing they missed Bitcoin—and desperately chasing the next train.’
Price charts echo the hype. XRP smashed through resistance levels like a bull in a china shop, with derivatives volume hitting 2025 highs. Even the SEC’s usual foot-dragging can’t dampen the mood—though cynics whisper about ’financial innovation’ being code for ’let’s repackage this thing fast.’
One thing’s clear: if the ETF lands, the rocket emojis won’t be ironic. And if it doesn’t? Well... there’s always the next regulatory delay to trade around.
: Excitement is mounting around XRP as traders gear up for what could be a historic price run in 2025.The buzz centers on growing Optimism that a U.S.-based XRP exchange-traded fund (ETF) will soon get the green light, with Bloomberg analyst Eric Balchunas now assigning an 85% probability of approval.
The boost in confidence follows recent leadership changes at the U.S. Securities and Exchange Commission (SEC), which oversees crypto regulation.
An XRP ETF would allow institutional investors to gain exposure to XRP through traditional markets, potentially opening the floodgates to billions in capital. Bitcoin ETFs, launched earlier in 2024, have already seen nearly $39 billion in net inflows. If XRP ETFs attract even a modest 15% to 30% of that volume, it could send XRP into a major rally.
For instance, a 15% share of Bitcoin ETF inflows would bring in about $5.85 billion, which could push XRP’s price to $12.23, representing a 450% gain from its current level of $2.22. If XRP ETFs pull in 30%, XRP could skyrocket to $22.20, a staggering 900% surge.
When Will XRP ETF Be Approved?
Momentum is building. Prediction platform Polymarket now places the odds of an XRP ETF approval at 80%, up sharply from 68% last week. Major asset managers—Bitwise, WisdomTree, and Franklin Templeton—have all filed proposals.
While the SEC has delayed its decision on Franklin Templeton’s XRP ETF to June 17, industry insiders believe that approval is becoming increasingly likely. Should that happen, XRP may follow in Bitcoin’s footsteps and witness a parabolic price explosion.
When will the XRP Price go up?
Market sentiment is turning increasingly bullish. We can expect XRP to reclaim its April peak of $2.36 in the short term, with fresh all-time highs likely in 2025.
Popular trader Dark Defender sees the recent dip as part of a broader bullish pattern, while Allincrypto projects XRP could hit $19.27 in the longer run.
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XRP Price Today: Key Levels to Watch
Despite the bullish ETF narrative, XRP price has dipped 5%, weighed down by weaker U.S. economic data. The altcoin is currently forming a bullish technical setup, and a breakout above $2.40 could send it straight to $3.74.
For this upside to materialize, XRP must hold its ground above the critical $2.20 support and overcome resistance at $2.80–$3.00. If it does, the altcoin could enter a fresh rally phase.
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FAQs
Why XRP price is down today?Weak U.S. economic data led to ain XRP’s price, though bullish sentiment around ETF approval remains strong.
When will the XRP ETF get approved?The SEC is expected to make a decision on Franklin Templeton’s XRP ETF proposal by, but approval odds have already surged to, suggesting it could be sooner.
How high could XRP go if an ETF is approved?Analysts suggest XRP could reach between, depending on how much capital flows in from institutional investors through ETFs.
Who are the major companies behind XRP ETF filings?are among the top firms seeking SEC approval for an XRP ETF.
Is XRP a Good investment right now?With ETF approval chances rising and bullish price predictions ahead, many traders see current levels as a potentialopportunity.
