TLDR
- Steve McClurg updated his XRP ETF forecast to a potential $10 billion in first-month inflows.
- XRP ETFs are awaiting regulatory approval from the SEC with decisions expected in October.
- A $10 billion inflow could raise XRP’s market cap by an estimated $544 billion.
- Based on current supply, this could push the XRP price to approximately $12 per token.
- Historical data shows XRP inflows often have a high multiplier effect on market valuation.
Major firms await decisions on XRP ETF filings this October. Among them, Canary Capital CEO Steve McClurg projects strong inflows. If realized, the XRP price could see its most significant surge in history.
XRP ETF Projections See Bullish Update
Steve McClurg now sees $10 billion as a realistic target for XRP ETF inflows. Earlier, he had estimated $5 billion in the first month. However, during a Paul Barron Network interview, he said that figure might be “bearish.”
He explained that investor demand could push inflows beyond $5 billion. McClurg said, “I wouldn’t be surprised if we see $10 billion.” He noted that his previous ETF experience brought $1 billion on day one.
With several firms like 21Shares, Grayscale, and Bitwise in line for approval, the ETF race is heating up. McClurg believes this could be one of the strongest fund launches. He said $10 billion would place XRP ETFs among the top 10 ETF launches ever.
Barron commented that XRP ETFs could become the most successful. In response, McClurg said such inflows would “easily push them into the top 20.” He emphasized the magnitude of demand from institutional players.
Inflow-to-Valuation Ratio Signals Big XRP Price Impact
Market analysts use the inflow-to-valuation multiplier to assess ETF effects on token prices. XRP has shown unusually high ratios in the past. Analyst Dom found that $61 million in inflows raised XRP’s market cap by $16.6 billion.
Ever wondered how much money it takes to cause a 16.6B increase in $XRP market cap?
Since I am tracking every trade on all major spot exchanges, I have the exact $ figure
61M USD. Thats the net market buying pressure we saw over the last 13 hours.
So yes, 61M USD of buy… pic.twitter.com/XDt6FMB0g9
— Dom (@traderview2) May 12, 2025
This resulted in a multiplier of approximately 272 times. Even at one-fifth of that rate, the multiplier would still be 54.4. This still supports a significant XRP price increase from ETF inflows.
If ETFs attract $10 billion, then XRP’s market cap could rise by $544 billion. Currently, XRP trades at around $3 with a market capitalization of $180 billion. A jump to $724 billion could raise XRP price to $12.
XRP’s circulating supply of 60 billion tokens supports this projection. A $12 XRP price would reflect significant market confidence. This could mark the highest XRP price in its trading history.
Market Momentum Builds as Approvals Near
The SEC is expected to issue decisions on ETF filings soon. Approval could shift momentum quickly in favor of XRP. Analysts are already preparing for significant capital flows into XRP markets.
McClurg expressed confidence that demand would outpace expectations. “This isn’t a stretch,” he stated regarding the $10 billion estimate. Historical ETF inflow patterns support his outlook.
Market trends point toward institutional interest in crypto ETFs. XRP joins the ranks of Bitcoin and Ethereum in drawing strong interest. Price action could reflect this shift very quickly.
If funds flow as projected, XRP price could react sharply. Even partial realization of inflows may yield significant effects. Traders will watch ETF decisions closely this October.
