Based on The Crypto Basic, an XRP community pundit has suggested that the XRP price will need to rise significantly for ETFs and institutions to acquire retail holdings. With the Canary Capital XRP ETF (XRPC) now live and more ETFs expected to launch soon, the XRP community is speculating about the potential impact on price and liquidity. Ripple Van Wickle projected that ETF-related seed funding could bring in $100 million to $400 million within 49 to 72 hours, with each ETF potentially attracting $10 million to $45 million in initial capital. XRP Liquidity, an account tracking XRP supply data, noted that less than 1.9 billion XRP remain in retail hands, and if ETF demand rises sharply, it may force prices to climb as institutions seek to acquire XRP from retail holders. Analysts like CryptoInsightUK have also projected a possible XRP run to $20, citing technical patterns and historical strength against Bitcoin and Ethereum.
XRP Pundits Predict Price Surge as ETFs Target Retail Holdings
TheCryptoBasicShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.

