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.
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.
SEC EXPECTED TO APPROVE FIRST SPOT $XRP IN 10 DAYS FROM NOW.
XRP TO $5 SEEMS FAIR.
BUCKLE UP! 🚀 pic.twitter.com/Whw0jom33w
— STEPH IS CRYPTO (@Steph_iscrypto) October 8, 2025
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.
Hi all. What a wick was that?#XRP, after rejecting the $3.13, once again tapped our support level. It also touched the Primary Support trend in the orange colour we have been using so far.
Well, the structure remains as it is.
Daily RSI is getting closer to oversold.I know… pic.twitter.com/2lVKsQKQDG
— Dark Defender (@DefendDark) September 22, 2025
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.
$XRP shows a pattern change after forming a double bottom earlier. Now, the market is facing rejection near resistance, signaling a short-term pause.
If buyers defend the $2.80–$2.82 zone, we might see a rebound toward $2.90. pic.twitter.com/fDZyNFgyBT
— BitGuru 🔶 (@bitgu_ru) October 9, 2025
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.
