- First XRP ETF launched with $37.7M in opening-day quantity.
- Analysts see ETFs absorbing 1–4% of circulating XRP in 12 months one.
- Gemini tasks a doable rally towards $6–$15 if demand spikes.
The launch of the Rex-Osprey XRP ETF (XRPR) drew $37.7 million in day-one quantity, marking the largest ETF debut of the 12 months. Extra XRP ETFs from Franklin Templeton, Bitwise, WisdomTree, and 21Shares could possibly be authorised in October, fueling hypothesis about their affect on worth.
How XRP ETFs Would possibly Affect Circulating Provide
CryptoQuant’s Julio Moreno estimates XRP ETFs may take up 1%–4% of circulating provide in 12 months one. With 59.77 billion XRP in circulation, 4% equals 2.39 billion tokens—roughly $7.17 billion at a $3 worth level. Such demand may reshape provide dynamics and market liquidity.
Gemini Predicts XRP Worth If ETFs Drive Billions in Inflows
Google’s Gemini AI urged that if ETFs take in billions in XRP, provide shortages may push costs sharply increased. Drawing parallels with Bitcoin ETF inflows, Gemini projected a possible rally of 2x to 5x from present ranges, that means XRP may attain $6–$15.
XRP Worth Outlook Stays Bullish however Speculative
Whereas the state of affairs appears to be like extremely bullish, Gemini harassed it stays speculative. Precise outcomes will rely upon how a lot liquidity enters the market and whether or not establishments maintain demand. Nonetheless, the ETF momentum is giving XRP one among its most optimistic outlooks in years.
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