"XRP Spot ETF Expected to See Up to $800M Inflow in First Week of Launch"

Opinions suggest that when the XRP spot ETF launches, it could see inflows of up to $800 million in its first week.

On the 19th (local time), Luca Sorlini, Product Manager at North Stake, said in an interview with DL News that "The XRP spot ETF is expected to see inflows of $400-800 million in its first week of launch," adding that "The specific inflow amount will be determined by institutional interest and overall crypto market sentiment." He further noted that these figures were estimated based on the inflows seen in Bitcoin (BTC) and Ethereum (ETH) spot ETFs.

Gabe Selby, Head of Research at CF Benchmarks, made a similar prediction. He stated that "The first month's inflows will reach nine figures (minimum $100 million)."

In January, JP Morgan also projected in a report that the XRP spot ETF would attract inflows of $4-8 billion during its first 6-12 months.

The media outlet noted that "The Securities and Exchange Commission (SEC) is likely to approve the XRP spot ETF," adding that "This will have a positive impact on XRP's price." For reference, Bitcoin surged 150% after the launch of Bitcoin spot ETFs in January last year.

Meanwhile, according to Polymarket, a decentralized prediction platform, there is a 78% probability that the XRP spot ETF will be approved this year.