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- XRPC ETF debuts with $277M in inflows, surpassing Bitcoin’s first-day record.
- XRP could potentially rise to $4.83 by Nov 2026 if it mirrors Bitcoin ETF growth.
- Analysts forecast bullish scenarios with XRP ranging $6.5–$27 over the next year.
The XRP community has marked a significant milestone with the launch of the Canary Capital XRP ETF (XRPC), the first spot ETF for the digital asset. Following its debut, XRPC recorded roughly $245 million in inflows, later increasing to $277.82 million over the next two days. This strong start has sparked optimism among investors and market analysts, drawing attention to XRP’s potential to mirror Bitcoin’s ETF-driven growth.
XRPC vs Bitcoin ETF Performance
Interestingly, the XRPC ETF outperformed BlackRock’s iShares Bitcoin Trust (IBIT) on its first day, with IBIT drawing $111.6 million in inflows. While XRPC hasn’t matched Bitcoin ETFs’ long-term performance, the early traction demonstrates significant market appetite for XRP-based investment products. Analysts suggest that even moderate inflows could impact XRP’s price more dramatically than Bitcoin, due to XRP’s smaller market size.
Projecting XRP Price Trajectory
Market observers are now speculating on how XRP might perform if it follows Bitcoin’s ETF trajectory. Bitcoin ETFs recorded a total net inflow of $36.2 billion a year after launch, pushing BTC prices up by 103% within 12 months. Applying the same growth rate to XRP, which started at $2.386 at the XRPC launch, the token could reach $4.83 by November 2026. While this projection is conservative, bullish analysts like EGRAG foresee potential the coin prices between $6.5 and $27, with average simulations placing XRP around $11.
Also Read: XRP Price Falls Below $2 as Technical Indicators Point to a Potential Drop Toward $0.88
Community Optimism and Future Outlook
The launch of XRPC has invigorated the coin community, with discussions centered on price potential and ETF adoption. If XRP ETFs continue to attract capital, they may create a new wave of market activity, similar to what Bitcoin experienced. Community sentiment remains positive, with analysts anticipating further price discoveries as ETF participation grows.
The Canary Capital XRP ETF marks a pivotal moment for the coin adoption and institutional participation. While the trajectory may not exactly mirror Bitcoin, early inflows and bullish forecasts highlight significant growth potential. For investors, monitoring ETF performance will be key in assessing XRP’s market momentum over the coming months.
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.
