ETF Expert Analyst Says, “Don’t Underestimate XRP and Solana ETF Approvals,” Shares What He Expects

It is estimated that spot XRP exchange-traded funds (ETFs) could attract more than $5 billion in inflows in the first month. This prediction comes ahead of the US Securities and Exchange Commission's (SEC) decision on altcoin ETFs in October. Nate Geraci, co-founder of the ETF Institute and President of the ETF Store, stated in a post today that investor interest is being underestimated: “People are seriously underestimating investor demand for spot XRP and Solana ETFs.” Geraci argued that just as Bitcoin and Ethereum ETFs were underestimated before their launch, the same applies to XRP. Related News: The Most Talked-about Trump-Backed Altcoin of the Past Days Has Finally Launched: Here's Its Initial Price! - Whales Made a Million Dollar Trade! The SEC is currently reviewing numerous XRP ETF applications. These applications are part of more than 90 ETF products awaiting approval. Last week, approximately half of the XRP ETF applications received updates. Bloomberg Intelligence analysts James Seyffart and Geraci called this development a “positive sign.” Predictions are also growing stronger. According to Polymarket data, the probability of XRP ETF approval has increased by 16% in the last 24 hours, reaching 87%. Bloomberg ETF analysts, on the other hand, had projected a 95% probability of approval in August. Earlier this year, JPMorgan analysts predicted that XRP ETFs could see up to $8 billion in inflows within a year. Canary Capital CEO Steve McClurg made a more ambitious prediction last week, predicting $5 billion in inflows in the first month. By comparison, Bitcoin ETFs attracted approximately $2 billion in the first three days alone. These expectations are also based on existing XRP-based investment products. Teucrium’s leveraged XRP ETF, launched in April, has amassed over $353 million in net assets, outperforming the company’s traditional agriculture ETFs. *This is not investment advice. Continue Reading: ETF Expert Analyst Says, “Don’t Underestimate XRP and Solana ETF Approvals,” Shares What He Expects