출처: Block Media
Ripple CEO Foresees XRP Spot ETF Approval, Potential $8 Billion Market Boost
Ripple CEO Brad Garlinghouse has expressed confidence in the impending approval of an XRP spot exchange-traded fund (ETF), labeling it an “inevitable trend” likely to materialize before the end of the year. With projections hinting at institutional inflows of up to $8 billion, the fourth quarter of 2025 could emerge as a defining period for XRP’s market trajectory.
Industry sentiment around XRP’s spot ETF prospects has grown increasingly optimistic. Speaking with Bloomberg, Garlinghouse declared, “The approval of an XRP spot ETF is only a matter of time.” Asset management heavyweights such as Bitwise, Franklin Templeton, and Canary have already filed applications with the U.S. Securities and Exchange Commission (SEC) to launch XRP-focused ETFs. According to Polymarket, the probability of ETF approval has surged from 65% at the start of the year to an impressive 96%. Leading ETF analysts James Seyffart and Eric Balchunas estimate similar probabilities, placing the likelihood at 95%.
Institutional Investment Could Propel XRP Price to $8
Market analysts predict substantial institutional capital could flow into XRP following ETF approval. Research by CryptoQuant suggests that if ETFs capture just 1-4% of XRP's circulating supply, institutional inflows may range between $1.8 billion and $7.2 billion. This could create significant upward pressure on the asset's price.
Kris Marszalek, CEO of Crypto.com, offers a more bullish outlook, projecting that an XRP spot ETF could attract between $4 billion and $8 billion by 2026. Marszalek further speculates that these inflows could propel XRP’s price to a range between $4 and $8, creating a strong growth trajectory. Notably, this forecast suggests that XRP could potentially achieve faster institutional adoption than Ethereum, which took over a year to draw in comparable ETF-related investments.
Institutional interest is already evident in existing products. The Chicago Mercantile Exchange (CME) reports that XRP futures contracts have exceeded $1 billion in open interest. Additionally, leveraged funds like ProShares UXRP are experiencing robust demand, pointing to heightened attention from professional investors gearing up for potential price action.
XRP Ledger Accelerates Growth in Stablecoins and Tokenized Assets
Beyond ETFs, the XRP Ledger (XRPL) is proving to be a critical player in the evolving digital finance ecosystem, particularly in the areas of stablecoins and tokenized real-world assets. Ripple’s RLUSD stablecoin has reached a market cap of $729 million. Simultaneously, XRPL-based tokenized physical assets have gained momentum, nearing a total valuation of $300 million over the last month alone.
This growth is attracting institutional players. For example, VivoPower recently disclosed plans to purchase $100 million worth of XRP, underscoring its confidence in XRP’s potential. Prominent financial firms like Japan’s SBI Holdings, Trident, and Webus have also revealed sizeable XRP investments. Furthermore, prime brokerage Hidden Road has highlighted that daily trading volumes on the XRPL regularly surpass $10 billion, reinforcing XRP’s increasing liquidity and usability in global commerce.
Key Technical Levels and Outlook for 2025
As of October 19, XRP is trading at approximately $3.04, according to CoinMarketCap, comfortably above its 200-day exponential moving average (EMA) of $2.57. Market signals suggest a bullish stance, with technical patterns like descending wedges pointing to a possible breakout.
The first major resistance lies at $3.67, which also marks XRP’s high for the year. Breaking this level could unlock a potential 21% price rally, positioning XRP toward the psychological milestone of $5. Conversely, a dip below $2.57 could invalidate the bullish outlook in the near term.
The increasing likelihood of ETF approval, coupled with strong institutional backing and XRPL ecosystem expansion, has created an environment ripe for significant market shifts. Experts maintain that a green light from the SEC could push XRP to previously unseen heights.
Ripple Poised for a Transformative Era
The confluence of ETF approval optimism, steady institutional inflows, and XRPL’s growing presence in tokenized assets and stablecoins position XRP for unprecedented growth. With regulatory clarity appearing imminent, the market’s focus shifts decisively to XRP’s breakout potential in the coming months. Should the XRP ETF reach approval, it may not only reshape the token's valuation but also redefine the broader cryptocurrency investment landscape.
