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XRP News Today: XRP ETFs: Wall Street's Pathway to a $6 Trillion Ambition

XRP News Today: XRP ETFs: Wall Street's Pathway to a $6 Trillion Ambition

Bitget-RWA2025/11/11 12:20
By:Bitget-RWA

- U.S. regulators fast-track XRP ETF approvals, with 21Shares, Franklin Templeton, and Canary Capital nearing launches by late November. - Analysts predict XRP could surge to $100–$1,000 if multiple ETFs debut simultaneously, potentially pushing its market cap to $6 trillion. - Ripple's $4B funding round and SEC court rulings validate XRP's utility in cross-border payments, signaling institutional adoption. - Risks persist, including regulatory delays and unmet adoption targets, though ETFs could normalize

The U.S. crypto sector is poised for a major breakthrough as several XRP-centric exchange-traded funds (ETFs) near regulatory approval, with experts anticipating a significant price rally for the token. Well-known crypto analyst Jake Clever has suggested that if multiple

ETFs debut at the same time next week, the token’s price could skyrocket to anywhere between $100 and $1,000—a substantial jump from its current $2.30–$2.70 range, according to . This optimism comes amid a wave of regulatory submissions and institutional activity, pointing to increasing mainstream adoption of Ripple’s cryptocurrency.

Regulatory Acceleration and ETF Race

The U.S. Securities and Exchange Commission (SEC), under Chair Paul Atkins, has sped up the review process for crypto ETFs, shortening the approval period from 240 days to just 75, as detailed in

. This change has allowed companies such as 21Shares, Franklin Templeton, and Canary Capital to quickly advance their spot XRP ETF applications.
XRP News Today: XRP ETFs: Wall Street's Pathway to a $6 Trillion Ambition image 0
21Shares submitted an 8(a) form to the SEC on November 1, and if there are no objections, its ETF could go live by November 27, according to . Franklin Templeton’s $XRPZ ETF, now in its final approval phase, plans to list on NYSE Arca with a 0.19% management fee, as mentioned in . Meanwhile, Canary Capital’s XRP ETF has received automatic clearance and may begin trading on Nasdaq as soon as November 13, as reported by .

This rush to market demonstrates growing institutional trust. More than a dozen XRP ETFs are now listed on the DTCC’s pre-launch roster, including offerings from Bitwise, ProShares, and Volatility Shares, according to

. These ETFs are designed to give investors regulated access to XRP without requiring direct ownership, a structure that could draw in billions of dollars, as highlighted in .

Market Impact and Price Outlook

XRP’s current market value is about $138 billion, based on a circulating supply of 60 billion tokens, according to

. Should the price reach $100, its market cap would soar to $6 trillion, putting it on par with Bitcoin’s present valuation, as stated in . Jake Clever’s forecast is based on the expectation that several ETFs will launch at once, sparking demand similar to the ETF launches earlier this year, as described in .

Technical experts point out that XRP has recently bounced off a crucial support level near $2, and a move above $2.70 could trigger a rally toward $3.10–$3.40, according to

. Still, analysts warn that delays in regulatory approval or lower-than-expected adoption could temper enthusiasm. “ETF launches may not happen simultaneously due to custody and compliance issues,” one analyst commented, as referenced in .

Institutional Involvement and Ripple’s Approach

Ripple’s CEO, Brad Garlinghouse, has positioned XRP as a link between conventional finance and blockchain, highlighting its usefulness for cross-border payments and institutional transactions, according to

. The company’s recent $4 billion fundraising, led by Citadel Securities and Fortress Investment Group, demonstrates its commitment to cementing XRP’s place in global finance, as reported in . Franklin Templeton’s XRP Trust, which will store the token with Coinbase Trust, illustrates the asset’s increasing acceptance among institutional investors, as noted in .

The likely approval of XRP ETFs also signals a pivotal moment for Ripple after years of legal disputes with the SEC. A 2023 court decision clarified that XRP is not considered a security when traded on exchanges, opening the door for regulated investment products, as mentioned in

. With XRP now available on major trading platforms and derivatives markets, its integration into Wall Street could further legitimize crypto investments.

Risks and Considerations

Despite the strong momentum for ETFs, critics point out potential pitfalls. Achieving a $100–$1,000 price would require extraordinary growth, something few alternative coins have managed without extreme market shifts, as highlighted in

. Furthermore, Ripple still faces unresolved legal and regulatory hurdles, as noted in . For now, experts recommend that investors keep a close eye on official SEC announcements and ETF performance data, according to .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- Canary XRP ETF secures SEC approval, becoming first U.S. spot XRP ETF to trade on Nasdaq this week. - XRP price jumps 10% to $2.48 post-approval, with 40% 24-hour volume surge driven by institutional interest. - ETF's 1934 Act framework aligns crypto with traditional securities, following Ripple's 2023 legal victory. - Analysts predict $6 price target if sustained demand emerges, with 21Shares' XRP ETF nearing potential approval.

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