XRP News Today: Institutional Confidence Surges as XRP ETF Approval Nears 95% Probability

Analysts are increasingly optimistic about the potential for a spot XRP exchange-traded fund (ETF) approval in the coming months, with market indicators suggesting a strong likelihood of regulatory clearance. As the U.S. Securities and Exchange Commission (SEC) nears key decision dates between October 18 and November 14, the probability of approval has risen to 87% on Polymarket, up from 64% in August [4]. Nate Geraci, head of the ETF Store, has emphasized that the odds are now “closer to 100%” as the deadlines approach [4]. Bloomberg’s James Seyffart estimates the likelihood of approval at 95% [2], underscoring a consensus among industry experts that an XRP ETF is likely to become a reality.

The potential approval has sparked strong bullish sentiment among investors and analysts, many of whom anticipate substantial inflows into XRP ETFs. Steven McClurg of Canary Capital has predicted that XRP ETFs could attract up to $5 billion in inflows within the first month of launch [2], a figure that exceeds the performance of both Bitcoin and Ethereum ETFs in their initial months. JPMorgan analysts previously forecasted $8 billion in inflows within the first year [1], further reinforcing the belief that XRP ETFs could become one of the most successful crypto ETF launches to date. This optimism is supported by the success of leveraged XRP ETFs already in the market, such as Teucrium’s product, which has attracted $353 million in net assets [1].

Technical analysis also supports the bullish narrative. XRP has formed a classic bull flag pattern on the daily chart, with resistance at $3. A breakout above this level could propel the price toward a target of $5, representing a potential 77% increase from the current level [4]. Analysts have identified key support and resistance levels that will determine the continuation of the upward trend, with the 100-day and 200-day moving averages acting as critical support zones. If XRP holds above $2.75, the structure of the bull flag remains intact, and further upside is expected [4]. Additionally, the price has settled at the 100-day moving average, aligning with a potential reversal point identified by Murrey Math Lines [3].

The growing institutional interest in XRP is another factor driving the bullish outlook. As the second-most recognized cryptocurrency on Wall Street after Bitcoin, XRP benefits from its real-world utility in cross-border payments and financial services [6]. Unlike speculative assets, XRP has already been integrated into parts of the global payment system, making it an attractive option for long-term exposure via an ETF structure. Steven McClurg argues that this utility distinguishes XRP from other digital assets and could drive sustained demand from institutional investors [6]. Furthermore, the strong XRP community, often referred to as the “XRP Army,” is expected to generate substantial trading volumes post-launch, providing additional support for the ETF [6].

However, not all analysts share the bullish outlook. AdrianoFeria.eth, a crypto analyst, has expressed skepticism, suggesting that the approval of an XRP ETF could mark the “beginning of the end” for the token due to a lack of institutional interest [2]. Critics argue that XRP lacks the narrative strength of Bitcoin as “digital gold” or Ethereum as the foundation of decentralized applications. Despite these concerns, the majority of market participants remain optimistic, given the regulatory clarity and the SEC’s recent approval of Bitcoin and Ethereum ETFs [4]. The final decision, expected in October, could provide the necessary catalyst for XRP to break through key resistance levels and move toward new all-time highs.

Source:

[1] title1 (https://finance.yahoo.com/news/xrp-etf-approval-seen-unlock-121250497.html)

[2] title2 (https://finance.yahoo.com/news/crypto-analyst-warns-xrp-etf-193131671.html)

[3] title3 (https://crypto.news/whats-next-for-xrp-price-as-etf-approval-chances-hit-87)

[4] title4 (https://cointelegraph.com/news/classic-xrp-price-chart-pattern-5-spot-etf-reality-draws-closer)

[5] title5 (https://www.nasdaq.com/articles/xrp-heading-crash-september)

[6] title6 (https://www.mitrade.com/insights/news/live-news/article-3-1089957-20250903)