Crypto: XRP on its way to Spot ETF with record inflows!

The crypto sector never ceases to amaze, even after years of dazzling progress. Bitcoin has already paved the way for many innovative projects. Today, it's XRP's turn to attract attention, with JPMorgan's bold predictions anticipating up to $8 billion for an XRP Spot ETF by 2025.

Futuristic retro crypto tension

JPMorgan and the promise of an XRP crypto Spot ETF

JPMorgan analysts are throwing a spanner in the works. According to their estimates, a spot ETF backed by XRP could attract between $3 billion and $8 billion in inflows.

This prediction is based in part on the success already observed with other cryptos. Bitcoin ETFs, for example, represent nearly 8% of Bitcoin's capitalization, which demonstrates the enthusiasm of institutional investors for regulated products.

Building on the rise of Bitcoin and Ethereum ETFs, the American bank is betting big on the potential of XRP. Since the advent of the first crypto ETFs, the public has gradually become accustomed to the idea of ​​investing in these assets through more familiar stock market products.

Thus, the parallel established with Bitcoin gives rise to optimism. This pioneering crypto, once seen as a simple phenomenon, is now a benchmark for the entire sector.

On the Ripple side, director Monica Long is confident. She believes that XRP has the assets to follow the path of Bitcoin and Ethereum with a view to obtaining its own ETF.

Several large investment firms, such as Bitwise and WisdomTree, are already working on proposals to set up an XRP ETF. Their timetable anticipates a possibly favorable regulatory decision before the end of 2025.

The rise of ETFs and regulatory impact

With the increasing diversification of crypto-related financial products, investors are constantly looking for new opportunities.

XRP, already well established in the ecosystem, could thus position itself as a solid alternative to bitcoin. For analysts, the attraction for this type of regulated product lies in particular in the simplicity of access and the credibility conferred by the approval of the competent authorities.

The American SEC has often dampened the enthusiasm of the crypto market with its strict approach. However, a change of direction is anticipated with the announced resignation of Gary Gensler and the arrival of an administration more favorable to cryptos.

Observers are watching for a possible adjustment to SEC policy, which could speed up validations of crypto ETFs, including for XRP. However, some believe that Litecoin or Solana could see their ETFs approved first.

While Nate Geraci puts the chances of approval of a spot XRP ETF at 59% before 2025, speculation is rife. On the Polymarket platform, half of users expect a final decision before July 31 of that same year. Meanwhile, the CEO of JPMorgan has fun comparing Bitcoin to tobacco.

Maximize your Tremplin.io experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.

Similar Posts