The price of XRP will be released soon

The price of XRP will be released soon


What if XRP ETFs could bring in billions of dollars of investment, causing the price to rise by 30%? A big prediction from JPMorgan now has support from a top Bloomberg analyst, hinting that XRP's future in the ETF market may be bigger than anyone expected. Could this be the moment XRP price breaks ATH?

The XRP ETF could bring in $3-8 billion.

JPMorgan recently predicted that XRP exchange-traded funds (ETFs) could attract between $3 billion and $8 billion in investments in the first year. This prediction has made waves in the cryptocurrency world, and JPMorgan isn't the only one saying it's possible.

Senior Bloomberg ETF analyst Eric Balchunas joined the discussion, calling JPMorgan's estimate “a very reasonable estimate.”

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His support brings more credibility to the bullish outlook for XRP and other altcoins like Solana.

The rise of XRP and Solana ETFs

In the year The success of Bitcoin ETFs in 2024 has set a high bar for altcoins like XRP and Solana. Experts believe that these altcoins could see the same influx of investment as Bitcoin did recently.

A JPMorgan report projects that XRP ETFs could account for 3% to 6% of the market cap, resulting in $3 billion to $8 billion in investments. Solana, another favorite in the space, could see $3 billion to $5 billion in ETF revenue in its first year.

These forecasts are based on the performance of Bitcoin and Ethereum ETFs, with Bitcoin ETFs currently holding approximately $108 billion in assets, representing 6% of the market capitalization.

Can we expect XRP and SOL ETF approval soon?

Despite the excitement surrounding the XRP and Solana ETFs, regulatory hurdles could delay their approval. However, JPMorgan hopes that these ETFs will be greenlit by 2025, especially with President-elect Donald Trump and Paul Atkins' nomination for SEC chairmanship to take a crypto-friendly stance.

With such political support, many analysts believe that approval may be closer than expected.

Impact on the price of XRP

According to JPMorgan's forecasts, the success of XRP ETFs can lead to significant price growth, with estimates showing a 30% increase at the end of January.

If these EFAs bring in billions, XRP's market value could rise, setting the stage for a major gain target around $3.82.



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