XRP ETF Approval Almost Certain: Could Ripple Hit $33 Soon?

Sean Williams
XRP

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  • XRP ETF approvals now near 100% likelihood.
  • SEC will review six XRP ETF applications in October.
  • Analysts project XRP could climb to $33.

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The crypto market is buzzing as Bloomberg analyst Eric Balchunas signals that the approval of spot XRP ETFs is all but guaranteed. This development could mark a turning point for Ripple (XRP), setting the stage for renewed investor optimism and potential price surges. Experts suggest XRP could rise as high as $33, making the coming months critical for both retail and institutional traders.

Bloomberg Analyst Confirms XRP ETF Momentum

Balchunas recently revealed on X that the likelihood of crypto ETF approvals, including XRP, has effectively reached 100%. Changes in regulatory filings, particularly the shift away from traditional 19b-4 applications, have simplified the process. Issuers like Grayscale, 21Shares, Bitwise, Canary Capital, CoinShares, and WisdomTree are already filing updated S-1 amendments, bringing the approvals closer to reality.

While a potential U.S. government shutdown could briefly delay decisions, structural changes in the filing process make approval almost inevitable. Polymarket currently estimates XRP ETF clearance odds above 99%, signaling that a green light from the SEC is now a matter of timing rather than uncertainty.

Key Dates in the XRP ETF Review

Investors should watch October closely, as the SEC will review six spot XRP ETF applications in a single week. Grayscale leads the lineup on October 18, followed by other major asset managers, concluding with WisdomTree on October 24. In a bid to accelerate decisions, the SEC recently withdrew delay notices for XRP, SOL, and other crypto ETF products.

This flurry of activity highlights the commission’s intent to streamline approvals, creating a bullish backdrop for XRP ahead of potentially pivotal announcements.

XRP Price Outlook: Could $33 Be Within Reach?

Analyst EGRAG Crypto has projected a possible XRP price of $33 in the next cycle. Historical trends support this optimism—XRP posted gains of 350% in 2017 and over 100% in 2021 under similar conditions. Upgrades to the XRP Ledger are expanding its capabilities, including tokenized swaps linked to BlackRock’s BUIDL fund and VanEck’s VBill product.

Institutional interest is rising as well. Reports indicate a French finance insider recently purchased $48 million worth of XRP, reflecting growing accumulation ahead of ETF approvals. As Nate Geraci, president of ETF Store, notes, the next few weeks are poised to be “enormous” for crypto ETFs and XRP alike.

With regulatory hurdles fading and institutional interest growing, XRP is entering a critical phase. ETF approvals could trigger significant price movements, possibly setting XRP on a path toward $33. Investors and market watchers should remain alert to developments in October, as the next few weeks may define Ripple’s trajectory for the rest of 2025.

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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.

Also Read: Ripple’s RLUSD Stablecoin: Driving Institutional Adoption and DeFi Growth on XRP Ledger

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