XRP News Today: Bloomberg Raises XRP ETF Approval Odds to 95% Amid Institutional Interest

Bloomberg analysts have significantly increased the odds of a U.S. spot XRP ETF approval to 95%, citing strong indicators of regulatory momentum and institutional appetite. This shift is marked by the SEC's ongoing engagement with 19b-4 filings, which includes amendment requests and public comment calls. Analysts interpret this as a growing recognition of XRP under a commodity framework, similar to Bitcoin and Ethereum.

Several heavyweight financial institutions, including Grayscale, Franklin Templeton, Bitwise, and 21Shares, have filed XRP spot ETF applications. Rumors also suggest that BlackRock may be involved, adding legitimacy and institutional rigor to the process. A successful XRP ETF could unlock billions in inflows, with some forecasts projecting inflows between $4.4 billion and $8.3 billion by 2026. This would not only create a new investment vehicle but also serve as a gateway to institutional adoption, price growth, and legitimacy for XRP in global financial markets.

Market analyst Jungle Inc. has observed a significant trend in whale activity. From August to December 2024, whale flows shifted from strongly negative to positive, coinciding with a steep XRP price rally from approximately $0.50 to $3.00. This suggests that whales accumulate before price surges. Similarly, in May and June 2025, whale flows turned positive again, stabilizing the price around $2.00, hinting at a potential repeat of the prior rally cycle.

Whales are accumulating heavily before rallies and reducing positions as prices peak, with their flows often preceding major moves. This strategic accumulation signals long-term conviction underpinned by growing on-chain utility and an improved regulatory outlook. In the past month alone, whales holding between 10–100M XRP scooped up more than 420M XRP worth a whopping $915M, while another cohort added at least 260 million XRP. Combined with earlier Q2 accumulation of around 900M XRP, this reflects a sustained push higher.

On-chain analytics reveal a historic milestone: over 2,700 wallets now hold more than 1 million XRP, the highest ever in XRP’s 12-year existence. This scale of concentration indicates large players and institutions are injecting capital and confidence into XRP at an unprecedented pace. Additionally, daily active addresses on the XRP Ledger skyrocketed from 40K to an astonishing 295K, representing a 7-fold increase. Surging transaction volume driven by new use cases in decentralized finance (DeFi), tokenization, and cross-border flows is translating on-chain utility into credible long-term demand.

Bloomberg’s 95% XRP ETF outlook reflects a deliberate and structured regulatory shift coupled with institutional and market alignment. This, coupled with a notable whale accumulation spree, paints a bullish XRP picture. The evolving landscape suggests that XRP is transitioning from a speculative token to a recognized digital asset, poised for significant growth and adoption in the global financial markets.