TLDR
- Seven spot XRP ETF applications from Grayscale, Bitwise, Franklin Templeton, 21Shares, WisdomTree, Canary, and CoinShares await SEC rulings between October 17-25, 2025.
- Bloomberg analysts set approval odds at 100%, while Polymarket traders price in 99% probability of SEC approval for the ETF applications.
- Experts forecast $3-8 billion in institutional capital inflows could double XRP’s market capitalization following ETF approval decisions.
- XRP trades at $2.81 with $168.32 billion market cap after retreating from $3.66 all-time high, with technical patterns suggesting potential breakout.
- Analysts target $4-5 price levels, with Standard Chartered projecting $5.05 by year-end and $12.50 by 2028 for the cryptocurrency.
The SEC faces a critical week with seven spot XRP ETF applications requiring decisions between October 17 and October 25, 2025. Major financial institutions including Grayscale, Bitwise, Franklin Templeton, 21Shares, WisdomTree, Canary Capital, and CoinShares have submitted applications.
These asset managers control over $8 trillion in combined assets. Bloomberg ETF analysts Eric Balchunas and James Seyffart now estimate 100% approval probability. Polymarket betting markets reflect 99% odds favoring SEC approval.
Grayscale’s application faces the earliest October 17 deadline. The remaining six applications have deadlines through October 25. Industry experts expect simultaneous approval of all applications, mirroring the SEC’s 2024 approach with spot Bitcoin ETFs.
XRP currently trades at $2.81 with $6.79 billion in 24-hour trading volume. The cryptocurrency holds a $168.32 billion market capitalization. Price action shows a 2.15% decline over the past 24 hours.
The token reached an all-time high of $3.66 before the current pullback. The $3 price level serves as a key battleground between buyers defending support and sellers capping upside moves.
Institutional Investment Projections
Canary Capital analyst Steve McCurve projects $3-5 billion in first-year institutional inflows following ETF approval. This capital influx could double XRP’s current market capitalization. Broader estimates range from $3-8 billion in potential institutional investments.
CoinShares data reveals accelerating inflows into XRP investment products ahead of expected approvals. Standard Chartered analyst Geoff Kendrick forecasts XRP reaching $5.05 by December 2025. His extended projection targets $12.50 by 2028.
Analyst Dark Defender identified a falling wedge chart pattern in daily timeframes. The technical formation includes an ABCDE structure approaching completion. Breakout targets are set at $4.92 and $5.85 upon pattern confirmation.
Technical Indicators and Price Levels
Analyst BitGuru spotted a double bottom formation suggesting potential trend reversal. The pattern faces immediate resistance at $2.82. Analyst Ali Martinez highlighted $2.80 as a critical accumulation zone where institutional investors and whales purchased during recent dips.
The 24-hour trading range spanned $2.84-$2.92. Trading volume dropped 30% over the past day, indicating reduced market participation.
The Relative Strength Index measures 52.93, showing neutral momentum conditions. XRP trades above MA Ribbon support at $2.76. The 50-period Simple Moving Average at $2.42 provides a secondary support level.
The MACD line at 0.18566 remains below the signal line at 0.22061, suggesting weakening momentum. The histogram registers -0.03495, confirming limited buying pressure.
Market Outlook
On-chain analytics platform Santiment reports XRP displaying potential buy signals. Historical data shows periods of high retail fear often preceded major price rallies. Market confidence surged after the SEC approved General Listing Guidelines for cryptocurrency ETFs.
Analysts project near-term movement toward $2.90 if support holds at $2.80-$2.82. ETF approval could drive prices toward $3.30-$3.60 initially. The SEC’s decisions are scheduled between October 18 and October 25, with market participants closely monitoring regulatory announcements.
