|
Getting your Trinity Audio player ready...
|
- Multiple XRP ETFs will launch on major U.S. exchanges in November.
- Institutional investors gain regulated access to XRP for the first time.
- Analysts see potential for XRP to reach $10–$20 under bullish conditions.
XRP is taking a major leap toward mainstream adoption this month as several U.S. exchange-traded funds (ETFs) tied to the token prepare to launch. For the first time, both retail and institutional investors will be able to access XRP through regulated financial products — a move that could redefine the token’s market presence.
The shift follows the reopening of the U.S. government, which cleared the path for pending ETF approvals. According to ETF Store President Nate Geraci, this wave of launches signals “a new phase of crypto integration into traditional markets.”
Major Financial Institutions Join the Lineup
The first to go live will be the Canary Capital Spot XRP ETF, set to debut on Nasdaq on November 13. Following close behind, Franklin Templeton will roll out its the coin fund on the CBOE on November 18, while 21Shares, Bitwise, and CoinShares plan launches between November 20–22. The month will close with Grayscale and WisdomTree unveiling XRP ETFs on the New York Stock Exchange around November 25.
These launches bring some of the largest asset managers directly into the coin ecosystem — a milestone many in the crypto community have long anticipated.
Institutional Demand Could Unlock Billions
With these ETFs, U.S. institutions can gain direct exposure to XRP without holding the token themselves. This could unlock billions in liquidity, mirroring the strong inflows seen with Bitcoin and Ethereum ETFs earlier this year.
Ripple CEO Brad Garlinghouse called XRP “the heart and soul” of Ripple’s long-term strategy, adding that every acquisition and new product aims to “build trust, utility, and liquidity for XRP.”
Also Read: XRP Price Prediction: Analysts Expect Final Dip Before Major Breakout to $10
XRP Price Outlook
Analysts are eyeing a breakout above $2.70 as a trigger for a major rally. Some, like market strategist Jake Claver, believe ETF-driven demand could push the coin toward $10–$20 by year-end under ideal market conditions.
Despite volatility, the coin has held above key support near $2, buoyed by optimism and improving macro trends. With ETFs set to hit multiple exchanges in November, the stage may be set for XRP’s next major chapter.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
