XRP ETFs and Market Structure Bill Could Push XRP to $15–$20

According to The Crypto Basic, an XRP community pundit has outlined potential factors that could drive XRP’s price toward $15–$20 before the U.S. Market Structure Bill is finalized. Several firms, including Canary Capital, Franklin Templeton, and Bitwise, have updated their S-1 filings for spot XRP ETFs, aiming for a November launch. Market commentator the5blairs suggested that XRP could see a price spike once these ETFs roll out, though it may trade sideways until the bill is passed. The Market Structure Bill seeks to clarify the regulatory roles of the SEC and CFTC, with recent progress including a new Senate Agriculture Committee draft. Meanwhile, the5blairs noted that if XRP ETFs attract $5–10 billion in inflows, the price could rise to $10–$20. Additionally, the potential unwinding of the Reverse Carry Trade and institutional adoption of XRP could further impact its valuation.