XRP exchange-traded funds (ETFs) are projected to reach unprecedented levels on Wall Street by 2026, potentially driving XRP's price to $15. Analyst Chad Steingraber forecasts this surge, noting that XRP ETFs have already attracted $897 million and 430 million XRP, with Canary Capital's ETF alone securing $243 million at its launch. Steingraber suggests that if current inflow trends persist, XRP could achieve a price range of $10 to $15 by 2026.
Despite the optimistic outlook, some analysts believe that XRP ETFs would need to amass $5 billion in assets under management to compete with established assets like Bitcoin and gold. The growing interest in XRP ETFs highlights the increasing institutional demand and the potential for significant market impact.
XRP ETFs Poised for Record Growth, Price Target Set at $15 by 2026
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
