XRP ETFs Launched, Potential Price Impact Scrutinized by Analysts

An image on X highlighted the lineup of pending XRP ETF filings, prompting Robert Ledferd to state that if XRP does not reach double digits once these ETFs are live, it may be seen as a joke.

ETF Impact on XRP

Major issuers like Bitwise, Grayscale, Fidelity, and others are preparing XRP products.
This marks a shift from theoretical to actual institutional exposure for XRP.
Institutional inflows are expected to mirror those of Bitcoin and Ethereum, potentially impacting XRP's price.

XRP Price Targets

Current trading price: $2.3.
Previous all-time high: $3.65, requiring a 40% increase to match.
Targeting above $10 requires a rise over 320% from current levels.
Breaking the $3-$3.65 range is crucial for setting new support levels.

Market Cap Considerations

Circulating supply: 60 billion tokens.
Price at $4 implies a market cap of $240 billion; at $10, over $600 billion.
Spot XRP ETFs attracting even minor inflows could facilitate reaching $4.

The first US Spot XRP-backed ETF by Canary Capital began trading on Nasdaq on November 13, 2025, under the ticker XRPC.