The price of ripples to 8 dollars by 2026, Standard Charterd

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Get coffee and we go deep into the market’s feelings about ETFS XRP (exchange funds in exchange) in the United States. As the prospects for this financial instrument continue to grow, experts have impact the potential impact on the XRP icon.

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There was A lot of gossip This week in encryption About xrp etfsStarting with rumors and wrong reports to Delay in the main decisions. However, it seems that one thing is certain: the conversation grows more than ever.

The latest decision to approve it Prozars take advantage of XRP ETF futures Optimism is now provided, expectation is construction.

In a conversation News of the United States The post, ETF ERIC Balchunas analyst indicated that they raised its possibilities to 85 %. Accordingly, analysts make spaced expectations on how this product performs.

“The price of XRP may rise to $ 12.23 or $ 22.20 after ETF approval if ETFS XRP gets 15 % to 30 % of ETF Bitcoin flows,” a popular account on X subscriber.

Beincrypto data shows that XRP was trading for $ 2.22 to this writing, a decrease of approximately 1 % in the past 24 hours.

On this background, BEINCRYPTO Standard Charted called a comment. Jeff Kendrick, head of the bank’s digital asset research, said it is difficult to predict the accurate flow numbers.

However, he indicated that comparative data from Europe can provide some directives.

“It is difficult to estimate the amount of final flows to XRP investment funds. However, BitWise Etps has been listed in Germany for XRP, SolanaKindrik told Beincrypto:

Depending on its prediction of how the ETF XRP performance and the associated effect on the price of XRP, compare Kendrick Bitcoin, ETHEREUM and other altcoins.

Quoting BitWise data, the rented standard executive authority noted that Altcoins has a greater percentage of the value of the assets (NAV) from ETP (NAV) as a percentage of Bitcoin and Etherum metal currency capitalization.

However, he admitted that this might be because fewer ETPS is available for Altcoins. Kendrick added that the NAV-To Mark-CAP lineage is already We agreed to the investment funds circulated in the United States Providing a useful standard.

Based on these assessments, Jeff Kendrick expected A. Spot Spot listed in the United States XRP ETF It can attract up to $ 8.3 billion in flows during its first year.

“Among the approved investment funds in the United States to date, NAV as a percentage of the maximum market is 3 % for ETHEREUM and less than 6 % only for bitcoin. In the maximum of the current XRP market, this means that a range ranges between $ 4.4 billion to 8.3 billion dollars as a total future in the future for XRP ETF, which seems to be a scope A reasonable target in the first 12 months. “

Kendrick sees the price of Ripple at $ 8, and Bitinex is wondering about the investor’s interest in XRP ETFS

Correter CEO Carted said It is expected that XRP price gains will maintain bitcoin price growth targets.

As shown in a conversation News of the United States The post, the bank sees Bitcoin The price rises to $ 120,000 in the second quarter, $ 200,000 by the end of 2025And $ 500,000 by 2028.

The high ritual price of $ 8 predicted by 2026, a coat on Spot XRP ETF approvals in the United States. This will increase 260 % ​​of the current price $ 2.22.

In real terms, xrp Economic inflation It is currently 6 %, compared to 0.8 % for bitcoin. In this way, we target the XRP-Us price levels of $ 5.50 at the end of 2015, $ 8.00 in End 2016, $ 10.40 in End-2027, $ 12.50 in End 2018 and $ 12.25 in End 2019, “Kendrick explained.

Meanwhile, analysts in BitFinex may not match optimism Bitcoin etfs.

“We expect limited flows at ETF XRP, where some investors may choose to expand their exposure through Crypto’s investment funds. However, it is unlikely to see the level of Bitcoin’s flows.”

The contradictory assessments reflect the broader uncertainty about how Altcoin boxes perform in A. Organizing the American market.

Bitcoin dominance Change organizational situations Towards digital origins still affects severely The encryption market in the United States.

To date, gray, TreeBitWise, Canary and 21shares provided XRP ETF approvals with SEC. Bitwise’s request received official recognition on February 18, It leads to many timelines for approvalOr denial or expand the application.

The deadline is October 12, 240 days after official receipt. This date is equivalent to the “deadline” on January 10, 2024, to obtain BTC ETF approvals, the day it was approved.

However, with other applications outside the ETF XRP awaiting approval, including Solana and Litecoin, Kendrick indicated that other applications in the pipeline can affect the XRP ETF approval schedule.

“Litecoin is more likely to advance faster, providing an early look at how the new SEC driving is dealing with the investment funds circulating in Altcoin,” Kendrick said.

your A difficult thorn from bitcoinSEC can look at Litecoin as a commodity instead of protection. According to Kindrik, his similarity to Bitcoin may make it easy for investors to understand.

This is in line with the forecasts of Junas Litecoin etf can be the precedence over Solana Etf.

“We expect a wave of investment funds circulating in the encrypted currency next year, although not all once. It is likely that it will be the first BTC + ETH Combo ETFS, then the Litecoin (because it is a BTC thorn, [therefore it’s a] The commodity), then Hbar (because it was not classified protection), Then xrp/Solana (which was classified on securities in suspended lawsuits), “Balchunas I mentioned.

Currently, Polymark data shows a 39 % chance that ETFS XRP is approved by July 31 and an opportunity for 79 % by December 31.

Today’s scheme

The NAV plans (the value of the net assets) compares to the US dollar for bitcoin, ETHEREUM, XRP, Solana, and Litecoin via Etps BitWise and Etfs Sot Us.

Figure 12 (left) Etps bitwise, with a highlight of Bitcoin, highlights, while Figure 13 (right) focuses on investment funds circulating in the United States, with Bitcoin’s leadership again.

Alpha

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