Why This Pundit Believes XRP Could Become A ‘Joke’ As ETFs Go Live

A not too long ago shared picture on X displaying the complete lineup of pending XRP ETF filings prompted a blunt response from market commentator Robert Ledferd. Instead of providing predictions or pleasure, he framed the second as an easy take a look at for the asset, noting that if XRP can’t climb into double-digit territory as soon as this many ETFs are dwell, the market might find yourself treating it as a joke.

The remark brings into query what worth stage really represents significant progress once institutional money enters the image for XRP.

Why The Comment Landed Strongly

Ledferd reacted to a screenshot itemizing almost every major issuer preparing an XRP product, together with companies reminiscent of Bitwise, Grayscale, Fidelity, VanEck, Invesco, CoinShares, Franklin Templeton, Hashdex, and ARK Invest. The variety of issuers alone implies that XRP is coming into a part where institutional exposure will now not be theoretical. 

The general consensus is that when these ETFs hit the market, XRP will obtain huge institutional inflows akin to that of Bitcoin and Ethereum, which, in flip, can be mirrored in its worth motion. With this in thoughts, the pundit famous that XRP would be the “joke of the 12 months” if these ETFs don’t convey the cryptocurrency’s worth to at the very least double digits.”

Where XRP Needs To Trade For ETFs To Matter

The numerical actuality behind this expectation is simple. XRP is presently buying and selling nicely beneath the $3 worth stage. Particularly, XRP is buying and selling at $2.3, which implies even a return to its $3.65 all-time high would require a worth improve of about 40% from current ranges. 

To attain precise double digits above $10, it means the worth of XRP would wish to rise greater than 320% from its present worth. 

Before XRP can goal double digits, nonetheless, it should convincingly break and shut above the area between $3 and $3.65. This area is a structural pivot as a result of it’s the place earlier rallies have misplaced momentum 

If ETF demand is real, the primary signal of it is going to be whether or not XRP can push above the $3 line and maintain it as help. Such a transfer would affirm that new inflows will not be being neutralized by promoting strain and that the shopping for strain is absorbing tokens at a quicker price than they’re being distributed.

XRP presently has a complete circulating provide of 60 billion tokens. Therefore, a transfer to $4 implies a market cap of $240 billion. On the opposite hand, a transfer to $10 implies a valuation above $600 billion. A $600-billion valuation would place XRP behind solely Bitcoin when it comes to market cap rankings.

These numbers matter as a result of ETF impression is just not measured by worth alone however by how a lot capital is required to maneuver an asset of this dimension. If Spot XRP ETFs start attracting even a small fraction of the inflows seen in early Bitcoin ETF buying and selling, the push to $4 turns into extra life like. 

At the time of writing, the primary US Spot XRP-backed ETF has officially been launched by Canary Capital with ticker XRPC and started buying and selling on the Nasdaq Stock Market on November 13, 2025.