We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
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thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply.
Notably, ETF discussions have again dominated the crypto scene afterSolanarecently witnessedthe launch oftwo U.S.-based exchange-traded funds (ETFs):
the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL)last month.
Solana ETF Approval Revives ETF Discussions
The move brought Solana into the institutional spotlight and showed growing interest in alternative crypto assets beyond Bitcoin and Ethereum.On its debut,the Bitwise Solana ETFsawan impressive$69.45 millionworth ofinflows.However, its Grayscale counterpart, GSOL, fell short with only $4 million in inflows.
– Advertisement –Tag ID:
thecryptobasic_incontent_2
Speaking on the products, Grayscale executive Zach Pandl expressed optimism about their performance, saying they could mirror the success of Bitcoin and Ethereum ETFs.
He noted that Solana ETFs might eventually hold up to 5% of the total Solana supply.
Now, the spotlighthas moved toXRP.
Specifically, several ETF filings tied to XRP are already sitting on the U.S.
Securities and Exchange Commission’s desk.
Interestingly, Bitwise and Canary Capital have both amended their previous XRP ETF applications to fast-track their launchesafter pulling offsimilar early rollouts for Solana, Hedera (HBAR), and Litecoin (LTC) ETFs.
NEW:
@BitwiseInvest and @Vaneck join crew of issuers filing to potentially launch crypto products next month (November).
Earlier we had @Fidelity and @CanaryFunds file for solana in this way.
Also had canary file for XRP.
Will be interesting to see how this plays out.
pic.twitter.com/DUog7xlcu3— James Seyffart (@JSeyff) October 31, 2025
Amid the anticipation of a launch, several market experts have already begun assessing how much capital these products could bring into the XRP market.
Notably, if XRP ETFs follow Solana’s projections and absorb 5% of XRP’s total supply, the impact on price could be immense.
XRP Price if XRP ETFs Absorb 5% of XRP Supply
For context, ifXRP ETFsscoop up 5% of the total supply, they would absorb roughly 4.95 billion XRP.With XRPcurrentlytrading around $2.20, this amountequalsabout $12.3 billionworth oftokens removed from the open market.While this potential supply squeeze sounds significant,thepotentialimpact onpriceremains unclear.
Notably, a $12.3 billion capital inflow into the XRP market would not lead to an equal $12.3 billion increase in market cap due to the inflow-to-valuation multiplier effect.
This multiplier often ranges from 50x to 300x, depending on market and liquidity conditions during capital inflows or outflows.
Interestingly, Dom, a prominentorder bookexpert,confirmedin May that just $61 millionworth ofcapital inflows led to a $16.6 billion increase in XRP market cap.For perspective, this translates to an inflow-to-valuation multiplier of about 272x.
There are days XRP sees multipliers as high as 300x and days the figure drops below 100x.
To keep things moderate and realistic, our assessment assumes a multiplier effect of just 70x.If XRP ETFs absorb 5% of the total XRP supply, amounting to $12.3 billion in inflows, this couldlead to an increase of$861 billionfor XRP’s market cap,consideringa 70x multiplier.With XRP’s valuation currently at $150 billion, this additionwill lead to a newmarket capof$1.011 trillion.
Today, XRP has a circulating supply of about 60 billion tokens, resulting in a price of $16.85 per tokenata $1.011 trillionmarket cap.This price would represent a 574% increase in the current XRP price.
DisClamier:
