XRP News Today: XRP ETFs Could Outpace Bitcoin in Inflows, Defying Expectations
- Canary Capital CEO Steve McClurg predicts XRP spot ETFs could attract $5B in first-month inflows, surpassing Bitcoin and Ethereum ETFs. - SEC is reviewing XRP ETF applications from major firms, with approval deadlines clustered in October-December 2025. - Institutional demand grows via XRP futures (>$1B open interest) and leveraged ETFs ($800M+ assets), despite BlackRock's non-participation. - XRP's cross-border payment utility and strong community support position it for potential $26 price target and $
The CEO of Canary Capital, Steve McClurg, has made a bold projection that a U.S. spot exchange-traded fund (ETF) tracking XRP , the third-largest cryptocurrency by market capitalization, could attract $5 billion in inflows during its first month of launch. This estimate suggests that XRP ETFs could outperform both Bitcoin and Ethereum ETFs in terms of initial inflows, based on recent performance metrics and institutional interest [3]. McClurg’s forecast is rooted in the anticipated broad appeal of XRP among investors, particularly its affordability compared to higher-priced cryptocurrencies like Bitcoin and Ethereum [4].
The current regulatory landscape is pivotal for the future of XRP ETFs. The U.S. Securities and Exchange Commission (SEC) is reviewing multiple XRP ETF applications from major asset managers, including Canary Capital, Grayscale, 21Shares, Bitwise, and Franklin Templeton. Deadlines for final approval decisions are largely clustered in October 2025, with some applications extending into November and December 2025 [1]. The SEC’s decision on XRP ETFs is expected to be influenced by recent developments in the broader crypto market, such as the conclusion of the SEC v. Ripple case in early August 2025, which removed a significant legal uncertainty surrounding XRP [6]. This regulatory clarity has bolstered investor confidence and increased the likelihood of approval for XRP ETFs.
Institutional demand for XRP-related products has been on an upward trajectory, particularly in the futures market. CME Group’s XRP futures contracts have surpassed $1 billion in open interest within just three months of their launch, making XRP the fastest cryptocurrency to reach that milestone on the platform [5]. Futures-based XRP ETFs, such as Teucrium’s 2x Long Daily XRP ETF (XXRP) and Volatility Shares’ XRPI 1x Futures ETF, have also seen significant inflows, with combined assets surpassing $800 million. These figures indicate a growing appetite among institutional investors for regulated exposure to XRP, even before spot ETFs are approved [5].
Despite BlackRock’s decision not to pursue an XRP ETF at this time, the market remains optimistic about the broader approval landscape. The firm’s leadership has stated that current client demand is primarily focused on Bitcoin and Ethereum, and XRP’s smaller market capitalization may currently limit its appeal [6]. However, multiple other asset managers, including Bitwise, 21Shares, and WisdomTree , have already filed for spot XRP ETFs, and ProShares has filed for leveraged and inverse XRP ETFs. These applications highlight that the demand for XRP investment vehicles is not confined to a single issuer [6].
Analysts believe that XRP’s unique position in the cross-border payment sector could provide an edge for its ETFs over those of Bitcoin and Ethereum. XRP has long been positioned as a solution for fast and cost-effective international transactions, and its adoption by financial institutions has continued to expand. This utility-driven narrative could drive stronger inflows and price appreciation if an XRP ETF is approved and gains traction [3]. Additionally, the XRP community is known for its strong advocacy and global presence, which may further support the product’s success [3].
The final approval of XRP ETFs by the SEC is expected to have a transformative impact on the cryptocurrency’s market profile. Similar to the success of Bitcoin and Ethereum ETFs in 2024, XRP ETFs could serve as a gateway for a broader demographic of investors to access the crypto market through regulated and familiar investment structures. If the projected $5 billion in inflows materialize, this could result in a significant price increase for XRP, potentially reaching $26 per token and a market cap of $1.36 trillion [3]. The approval of XRP ETFs would not only validate the cryptocurrency’s role in the financial system but also signal a broader acceptance of digital assets by traditional investment channels.
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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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