The XRP market may undergo significant changes due to the increasing number of applications for exchange-traded funds (ETFs). Analysts expect a notable price increase for the cryptocurrency pending favorable regulatory decisions.
Market Participants and ETF Applications
The XRP market is capturing the attention of financial companies, with at least six to seven firms, including Bitwise, 21Shares, and Franklin Templeton, filing for XRP ETF approvals. These applications have followed recent developments in the SEC vs. Ripple case, viewed as a positive indicator for institutional investors.
Expectations for SEC Decisions in October
The SEC has bundled multiple ETF applications into a decision calendar expected by late October 2025. The earliest possible approvals could lead to launches in the fourth quarter.
Potential for XRP to Reach $50
Some analysts forecast that ETF-driven demand could reach $10–18 billion by the year's end, potentially triggering sharp price movements for XRP. They argue that given XRP's limited supply, such levels of demand could significantly increase its market price, which has been supported by analyst Pumpius.
The potential SEC approval of XRP ETFs could significantly impact the market dynamics and value of the cryptocurrency. Investors and institutional participants are closely watching for the regulator's decisions in October.