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TimesTabloid 2025-04-18 16:52:54

Analysts Identify Key Factors Behind Potential XRP Price Growth

XRP has seen modest upward movement, trading at $2.07 after losing 0.75% in the last 24 hours but gaining 3.67% over the past week. Despite remaining approximately 36% below its highest price in the last three months, market watchers continue to express confidence in the asset’s future performance, citing potential catalysts that could spark renewed price momentum. A recent conversation between Abdullah Nassif—known as “Abs,” the host of the Good Morning Crypto podcast—and Bradley Kimes, who runs the Digital Perspectives X account, shed light on some of the expected developments that may influence XRP’s trajectory. How XRP/ETfs and Market Makers will fight over XRP. Lock in. https://t.co/Gb3l4GoRNH — Digital Perspectives (@DigPerspectives) April 16, 2025 ETFs as a Potential Market Driver Both commentators pointed to the potential approval of exchange-traded funds (ETFs) focused on XRP as a critical factor. According to Kimes, ETFs could create significant market demand by reducing the available circulating supply. This occurs when investors buy ETF shares, requiring the fund managers to hold the underlying XRP tokens. Kimes stated that more than ten asset managers have shown interest in launching XRP ETFs. These include firms such as Bitwise , which manages approximately $12 billion in assets, and Grayscale, with around $50 billion in assets under management. Franklin Templeton , a trillion-dollar firm, has also reportedly applied to launch an XRP ETF. This level of institutional attention toward a single crypto asset, apart from Bitcoin or Ethereum, is notable. Proponents argue that consistent inflows into XRP ETFs could significantly increase demand, placing upward pressure on the price. Additional Demand from Payment Infrastructure Beyond the ETF applications, Kimes also mentioned that ongoing demand from market makers and payment processors, who rely on XRP for daily liquidity operations, could strengthen buying interest. These operational requirements, coupled with institutional investment, are seen as reinforcing each other to support long-term growth. Forecasts and Speculation While some analysts refrain from making definitive predictions, past reports have modeled various scenarios. One projection suggested that if XRP ETFs received $500 million in daily inflows, the price could potentially rise to $23. Another scenario proposed that capturing even half of Bitcoin’s ETF inflow levels could result in XRP’s value tripling. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Prominent voices in the space, including John Deaton of CryptoLaw and Kris Marszalek, CEO of Crypto.com, believe the introduction of XRP ETFs could help the asset gain significant market share and possibly become the top altcoin by market capitalization. Diverging Opinions: Is BlackRock the Key Player? However, not everyone agrees on the broader impact of ETF approval. Analyst Joshua Jake argues that unless BlackRock—the largest ETF issuer—enters the market with an XRP product, other applications may not generate the desired effect. He emphasized that BlackRock’s Bitcoin ETF has vastly outperformed those offered by competitors, attracting nearly $40 billion in inflows. In contrast, ETFs from issuers such as Invesco and WisdomTree have garnered comparatively modest attention. Rumors continue to circulate about BlackRock’s potential interest in developing an XRP ETF, although the firm has previously expressed disinterest—particularly during the period when Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) was unresolved. Whether BlackRock revisits that decision remains unknown. Although the digital asset has not yet returned to recent highs, the current developments suggest a complex but promising landscape. ETF applications, increased utility in financial infrastructure, and growing institutional interest present multiple opportunities for price growth. Regardless, the outcome will depend on regulatory decisions, investor response, and participation from major financial entities in the ETF space. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analysts Identify Key Factors Behind Potential XRP Price Growth appeared first on Times Tabloid .

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