XRP Could Reach $15 Due to Anticipated ETF Inflows
Zach Rector projects that XRP could reach $15 due to potential institutional inflows from exchange-traded funds (ETFs). His analysis is based on JPMorgan's forecasts, estimating XRP ETFs could attract between $4 billion and $8 billion in their first year. Rector uses the conservative figure of $4 billion for his calculations.
Key points from Rector's analysis include:
- The “market cap multiplier” concept indicates a significant sensitivity of asset valuation to capital inflows.
- An example from April 12, 2025, showed XRP's market cap increased by $7.74 billion with only $12.87 million in net inflows, resulting in a multiplier of 601x.
- Using a more conservative multiplier of 200x, a $4 billion inflow could increase XRP's market cap by $800 billion, leading to a theoretical price near $15 per token.
- Rector acknowledges limitations in his model, including factors like the futures market and decentralized exchange activity.
- Nine financial institutions have filed for spot XRP ETF approvals, signaling institutional momentum.
- Despite optimism, Ethereum ETFs attracted only $2.28 billion since July 2024, indicating challenges in transitioning to digital assets.
- International developments, such as Brazil approving an XRP ETF, suggest increasing global regulatory acceptance.
At press time, XRP was trading at $2.14.
