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Spot XRP ETF Predicted to Attract $8 Billion in Investments  

XRP CFN
  • JPMorgan predicts an XRP ETF could attract $3–$8 billion based on Bitcoin and Ethereum ETF performance, boosting market interest significantly. 
  • Bitcoin faces challenges in breaking new highs, forming patterns that hint at potential downturns, as outlined by trader Peter Brandt. 
  • PEPE gains momentum as whales invest heavily, and Binance Japan announces its listing, expanding its presence in the Asian market. 

JPMorgan predicts that a spot-based XRP ETF could attract between $3 billion and $8 billion in investments. This estimate is based on Bitcoins and Ethereum ETF launched last year. Today, ETFs make up approximately 8% of Bitcoin’s market share; Ethereum, in turn, has 3% with ETFs. Ripple’s Monica Long has previously disclosed positivity for the possibility of XRP becoming the next cryptocurrency after Bitcoin and Ethereum on the ETF list. 

The pursuit for an XRP ETF in the United States is now more exciting, where companies such as Bitwise and WisdomTree are advancing their bids. Pundits, including Nate Geraci, have expected that approval could be affected by the end of the year hence boosting XRP’s position in the cryptocurrency market

Bitcoin Faces Uncertain 2025 

The beginning of 2025 poses some problems to Bitcoin since it fails to record new all-time highs. However, the cryptocurrency has created a formation known as head and shoulder, which is a bearish formation that could mean a major dip in prices. According to seasoned trader Peter Brandt, Bitcoin’s price could experience three potential outcomes: a drop to $76,000, a bear trap declaring it gives a short squeeze or a more complex formation. 

The author also took time to make his readers understand that chart patterns are useful, but they should not be relied upon to predict the market. Issues that pose uncertainty in the pricing of Bitcoin are part of wider problems that affect the market of cryptocurrencies. PEPE Gains 

Traction Amid Whale Activity 

PEPE has captured significant attention after substantial activity from crypto whales. Data reveals that 480 billion PEPE tokens were purchased recently, with one whale withdrawing 280 billion tokens valued at $5 million from Binance. Despite past losses of $1.45 million, another whale invested 3.72 million USDC to acquire 200.4 billion PEPE tokens, indicating confidence in a potential rebound. 

Moreover, PEPE has expanded its reach in the Japanese market. Binance Japan recently announced the token’s listing for spot trading, further boosting its appeal. At the time of writing, PEPE’s price rose by 4.48%, trading at $0.00001736, according to CoinMarketCap.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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