XRP on the Verge of a Major Breakout as Spot ETF Hype Grows
According to industry analyst Armando Pantoja, such a move could unlock over $100 billion in fresh capital for XRP, setting the stage for major price action.
ProShares launch of the Ultra XRP, Short XRP, and Ultra Short XRP ETFs marks a significant step forward, echoing the pattern seen with Bitcoin and Ethereum where futures ETFs were approved first, eventually paving the way for spot ETFs. Pantoja believes XRP could soon join that path, offering institutions a more direct way to engage with the asset.
While the futures ETF itself doesnt generate real buying pressure since it only allows speculation rather than actual token purchases it does build momentum and legitimacy for XRP within traditional finance. A spot ETF, however, would create real demand, tightening supply and potentially pushing prices much higher, according to Pantoja.
Still, some experts urge caution. Analyst John Squire pointed out that futures ETFs, while important for recognition, arent a game-changer for adoption or price without real token exposure. He also noted potential downsides of futures products, including hidden costs like rollovers, slippage, and management fees that can erode returns.
Meanwhile, attention is turning to several pending spot XRP ETF applications, including proposals from Grayscale and 21Shares, with decisions expected later this year. Internationally, momentum is already building: Hashdex recently launched the first XRP ETF in Brazil. On prediction markets like Polymarket, odds of a U.S. approval in 2025 are currently running high at 76%.
As XRPs price shows renewed strength, many see this as the beginning of a new chapter one where institutional adoption could finally put the altcoin in the spotlight.
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