- XRP ETF approval could unlock $5–8B in inflows, surpassing early Bitcoin ETF records.
- SEC deadlines in October put crypto’s third-largest asset at the center of ETF focus.
- Affordability and liquidity make XRP a leading entry point for new regulated investors.
The long-awaited XRP ETF is generating intense anticipation across the digital asset market. Dom Kwok, co-founder of EasyA, has suggested that approval could trigger the largest inflows in crypto history.
Speaking on the Paul Barron Podcast, Kwok highlighted XRP’s broad holder base and deep liquidity, which he argued make it one of the most accessible tokens for retail investors. Unlike Bitcoin and Ethereum, which carry higher nominal entry prices, XRP offers a more affordable pathway into regulated ETFs.
Kwok emphasized that affordability, coupled with its global distribution, positions XRP uniquely as a mainstream gateway for new investors. With the U.S. Securities and Exchange Commission (SEC) facing October deadlines, the stage is set for a market-moving decision.
SEC Deadlines Place XRP ETF in Spotlight
The SEC has extended review periods for multiple XRP ETF applications, setting October 19 and October 24 as critical decision dates. Filings from prominent asset managers—including Grayscale, Bitwise, 21Shares, CoinShares, and WisdomTree—are now pending final rulings. This clustering of deadlines mirrors the timeline seen before the approvals of Bitcoin and Ethereum ETFs.
Analysts note that XRP’s regulatory journey diverged when Ripple resolved its case with the SEC in late 2024. With XRP reclassified as a non-security, it now stands alongside Bitcoin and Ethereum in regulatory treatment. That legal clarity, combined with growing demand for regulated products, underpins optimism about approval.
ETF analyst Nate Geraci has reinforced this outlook, pointing out that investors may be underestimating XRP’s potential demand. He noted that futures-based XRP products already show strong traction, and approval of spot ETFs could rapidly scale inflows.
Market Projections Signal Billions in Inflows
If approved, XRP ETFs are projected to attract billions of dollars in capital inflows, potentially surpassing Bitcoin’s early records. Historical data shows that Bitcoin ETFs collectively captured $4.2 billion within three months of their January 2024 launch. Ethereum ETFs followed with similar momentum in May 2024.
XRP could exceed those benchmarks due to a larger number of filings—more than ten compared to Bitcoin’s three at launch. This broader base of products increases accessibility, investor choice, and overall trading volume.
Futures markets reinforce this narrative: XRP futures surpassed $1 billion in open interest within three months, making it the fastest crypto product to reach that milestone. Over $800 million has already flowed into futures-based ETFs, underscoring pent-up demand.
Implications for Investors and the Crypto Market
Approval of an XRP ETF would mark a milestone in the evolution of crypto finance. By offering regulated exposure to a low-cost, highly liquid asset, it could broaden participation among retail and institutional investors alike. Analysts suggest inflows could range from $5 billion to $8 billion in the first phase, potentially driving XRP’s price higher and cementing its role as a leading altcoin.
The timing also aligns with broader regulatory shifts. Under SEC Chairman Paul Atkins, the agency has streamlined ETF reviews and expanded its acceptance of altcoin filings, including Solana and Litecoin ETFs. Multi-fund approval, once considered unlikely, is now seen as a strong possibility.
While risks remain—particularly regulatory delays or outright denials—the consensus among experts is that October represents a tipping point. For investors, this decision could redefine XRP’s trajectory and expand the scope of altcoin ETFs in U.S. markets.
