Analyst: XRP price can explode to $ 50 at ETF goods inspections

In recent weeks, XRP moves within a stubborn bandwidth and the coin is unable to convincingly break through the resistance around 3 dollars. According to a well -known analyst, however, this is just the silence for the storm. He predicts that the XRP race can explode this year to unprecedented heights.

ETF approval as a catalyst for XRP course

According to analyst Pumpius, XRP could rise to 50 dollars by December 2025, provided that the American Securities and Exchange Commission (SEC) in October gives green light for a series of XRP Spot Exchange-Traded Funds (ETFs) requests. Large financial parties such as Wisdomtree, 21Shares, Bitwise and Canary Capital have now been waiting for an answer. The corresponding deadlines run from mid -October to the end of October.

The SEC will probably decide on all ETF applications in one fell swoop. This also happened earlier with the approval of the Spot Bitcoin (BTC) ETFs. According to Pumpius, this increases the chance of a positive outcome, especially now that the regulator has already published guidelines for crypto-etf’s.

According to Pumpius, an increase of more than 1,560 percent is realistic. An XRP course of 50 dollars would amount to a total market capitalization of almost 3 trillion dollars. This would even make XRP larger than Bitcoin, which currently has a market capitalization of just over 2.3 trillion dollars. That scenario seems unlikely for the time being.

First American XRP ETF is already launching this week

Remarkably, an American XRP ETF is already launching this Thursday. It is a hybrid fund that offers exposure to both spot purchases and futures. The fund is set up by asset managers Rex Shares and Osprey Funds. Thanks to a Maas in the law, they were able to use an accelerated procedure to market the ETF.

However, it is expected that many private and institutional investors will wait for a fully -fledged spot ETF from large asset managers such as Grayscale. At Bitcoin and Ethereum (ETH) we already saw how quickly billions of dollars flowed into capital after approval. Such funds are popular because they offer direct access to the underlying crypto, without companies having to keep large quantities themselves, something that is often difficult and risky in practice.