- XRP ETF could attract $8 billion inflows, says Crypto.com CEO.
- XRP spot ETF launches this week, driving institutional interest.
- REX Shares, Osprey Funds manage XRP ETF, boosting liquidity.
In a recent video shared on X by John Squire, Kris Marszalek, CEO of Crypto.com, revealed a bold prediction that XRP’s ETF could attract $8 billion in inflows during its first year.
This prediction has already brought a wave of enthusiasm to the XRP community, with hopes that the inflows might lead to a possible substantial growth of XRP. The liquidity increase with the predicted influx could enhance the asset, which might increase its stance in the cryptocurrency market.
Marszalek’s comments highlight the growing institutional interest in XRP, with the forecast suggesting that large-scale investments are on the horizon. The influx of funds is expected to strengthen XRP’s position and attract both retail and institutional investors.
Also Read: XRP Traders Hit Hard: $11.84M Liquidated as Market Takes Unexpected Turn
XRP’s Strategic Advantage and Market Outlook
XRP’s upcoming ETF could catalyze institutional capital entering the cryptocurrency space. The inflow of up to $8 billion is likely to have a serious effect on XRP’s liquidity, pushing it to expand its market position. As the level of institutional involvement increases, the credibility of the project and its rate of adoption could witness a tangible increase.
Additionally, this influx of capital would increase the popularity of XRP within the decentralized finance (DeFi) ecosystem, making it more attractive to investors seeking exposure to blockchain-based assets.
Crypto.com CEO’s statement is a clear indication that institutions are starting to gain more confidence in XRP, underscoring its relevance as not just a mere speculative asset, but a meaningful and valid digital currency. XRP’s liquidity could skyrocket, signaling a broader market shift as more institutional players and retail investors align with its future growth.
XRP ETF Speculation Builds Ahead of Launch
Another development attracting attention is the anticipated launch of the first XRP spot exchange-traded fund. Managed by REX Shares and Osprey Funds, it is scheduled to begin trading on September 18.
Nevertheless, other products will not be available until later; however, the XRP ETF will be available this week, according to Bloomberg ETF analyst James Seyffart. These ETFs will be registered investment companies, which will make them unique compared to other Bitcoin and Ethereum ETFs.
ETF guru Eric Balchunas went on record to confirm minor delays in the product launches, but the Osprey XRP ETF will soon be available, which should drive more demand on the institutional level.
The expected $8 billion inflows could propel XRP to new heights, opening up exciting possibilities for both its community and the broader crypto market.
Also Read: SC Ventures will launch a $250M Fund for Digital Assets, Backed by Middle Eastern Investors!
