TLDR Seven major asset managers including Grayscale, Bitwise, and Franklin Templeton are awaiting SEC decisions on spot XRP ETF applications between October 17 and October 25, 2025. Bloomberg analysts Eric Balchunas and James Seyffart have raised approval odds to 100%, while Polymarket data shows traders pricing in a 99% chance of approval. Analysts estimate that [...] The post XRP Price: Seven ETF Decisions Next Week May Change Everything – Here’s Why appeared first on CoinCentral.TLDR Seven major asset managers including Grayscale, Bitwise, and Franklin Templeton are awaiting SEC decisions on spot XRP ETF applications between October 17 and October 25, 2025. Bloomberg analysts Eric Balchunas and James Seyffart have raised approval odds to 100%, while Polymarket data shows traders pricing in a 99% chance of approval. Analysts estimate that [...] The post XRP Price: Seven ETF Decisions Next Week May Change Everything – Here’s Why appeared first on CoinCentral.

XRP Price: Seven ETF Decisions Next Week May Change Everything – Here’s Why

2025/10/10 15:39
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

TLDR

  • Seven major asset managers including Grayscale, Bitwise, and Franklin Templeton are awaiting SEC decisions on spot XRP ETF applications between October 17 and October 25, 2025.
  • Bloomberg analysts Eric Balchunas and James Seyffart have raised approval odds to 100%, while Polymarket data shows traders pricing in a 99% chance of approval.
  • Analysts estimate that $3 to $8 billion in institutional inflows could potentially double XRP’s market cap if ETFs are approved.
  • XRP is currently trading around $2.81 after pulling back from its all-time high of $3.66, with analysts targeting $4 to $5 following potential ETF approval.
  • Technical analysis shows XRP forming a double bottom pattern near $2.80 support, with a falling wedge pattern suggesting a possible breakout toward higher price levels.

Seven spot XRP ETF applications from major asset managers are awaiting SEC decisions between October 17 and October 25, 2025. The applications come from Grayscale, Bitwise, 21Shares, WisdomTree, Canary Capital, CoinShares, and Franklin Templeton.

xrp priceXRP Price

These firms collectively oversee more than $8 trillion in assets. Bloomberg analysts Eric Balchunas and James Seyffart have raised approval odds to 100%.

Polymarket data shows traders pricing in a 99% chance of approval. Market confidence increased following the SEC’s approval of General Listing Guidelines for crypto ETFs.

Grayscale’s ETF has the earliest deadline on October 17. Applications from 21Shares, Bitwise, and Canary Capital follow in close succession. ETF experts suggest all spot XRP ETFs could receive approval on the same day, similar to spot Bitcoin ETF approvals last year.

XRP is currently trading at $2.81 with a 24-hour trading volume of $6.79 billion. The market capitalization stands at $168.32 billion. Over the last 24 hours, the token decreased by 2.15%.

The cryptocurrency pulled back from its all-time high of $3.66. The $3 level has become a critical price point, with buyers defending support and sellers limiting upside movement.

Projected Institutional Inflows

Analyst Steve McCurve from Canary Capital estimates $3 to $5 billion in first-year inflows into XRP ETFs. This level of institutional investment could potentially double the token’s market cap.

Other analysts project inflows ranging from $3 to $8 billion. CoinShares’ crypto funds inflow data shows increased investment in XRP ahead of potential ETF approval.

Standard Chartered analyst Geoff Kendrick predicts XRP could reach $5.05 by year-end. His longer-term projection targets $12.50 by 2028.

Analyst Dark Defender identified a falling wedge pattern formation in the daily timeframe. The pattern includes an ABCDE structure nearing completion for a potential breakout. Price targets of $4.92 and $5.85 were set upon breakout confirmation.

Technical Analysis

XRP recently formed a double bottom pattern according to analyst BitGuru. This pattern suggests a possible trend reversal. The cryptocurrency faces resistance around the $2.82 level.

Analyst Ali Martinez identified $2.80 as an inflection point where many institutional investors and whales purchased during the last price dip. The 24-hour price range was $2.84 to $2.92.

The RSI stands at 52.93, indicating neutral momentum. XRP trades slightly above the MA Ribbon support around $2.76. The 50 SMA around $2.42 represents a defense level if selling pressure increases.

The MACD line at 0.18566 remains below the signal line at 0.22061. The histogram shows minimal negativity at -0.03495. Trading volume decreased by 30% in the last 24 hours.

On-chain platform Santiment reports XRP is flashing a potential buy signal. Historical on-chain data suggests high levels of retail fear have preceded major upward price movements.

Analysts project near-term price movement toward $2.90 if buyers maintain support at $2.80 to $2.82. If ETF approvals arrive as expected, institutional inflows could drive XRP toward $3.30 to $3.60. The SEC decisions are scheduled between October 18 and October 25.

The post XRP Price: Seven ETF Decisions Next Week May Change Everything – Here’s Why appeared first on CoinCentral.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.3566
$1.3566$1.3566
-0.25%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Virginia Republicans rage against ex-GOP governor: 'Missing in action' while eyeing 2028

Virginia Republicans rage against ex-GOP governor: 'Missing in action' while eyeing 2028

Republicans in Virginia are turning on the state's former GOP governor, Glenn Youngkin, according to the Wall Street Journal, accusing him of being "missing in
Share
Alternet2026/03/10 00:31
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Wall Street Bull Warns! “US Stock Markets Could Collapse, Bitcoin (BTC) Could Fall Further!”

Wall Street Bull Warns! “US Stock Markets Could Collapse, Bitcoin (BTC) Could Fall Further!”

Wall Street bull Ed Yardeni raised the probability of a US stock market crash to 35 percent and warned of further selling pressure on Bitcoin. Continue Reading
Share
Bitcoinsistemi2026/03/10 00:34