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Expert Says Stay Calm, Don’t Expect $10 or $589 XRP Prices As ETFs Continue to Launch

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The excitement surrounding the rollout of XRP spot ETFs continues to grow, but analysts are urging holders to remain patient.

As anticipation builds for additional XRP ETF listings, market commentators stress that the current environment does not support sudden price explosions to $10, $50, or even $589, as some community members have circulated.

In a tweet, Johnny, co-host of the Good Evening Crypto show, cautioned that XRP holders must temper their expectations ahead of each new ETF launch.

While the Canary Capital XRP ETF became the first among several listings to go live, he emphasized that single ETF events rarely translate into instant price rallies.

His comments align with earlier explanations from other analysts who have argued that, by design, ETF launches do not create immediate surges in open-market demand for XRP. Instead, inflows enter the market gradually through a process that takes days or weeks before any meaningful impact is visible.

ETF Issuers Cannot Pre-Buy XRP in Large Quantities

Meanwhile, one major misunderstanding in the XRP community has been the belief that ETF issuers would accumulate massive amounts of XRP ahead of launch day, creating immediate buy pressure.

According to information Johnny received from Gemini, issuers purchase only a very small amount of XRP in advance, known as seed capital.

Seed capital represents the minimal amount required to begin trading on an exchange. Issuers are not allowed to pre-purchase months’ worth of expected XRP inflows. This means the large-scale acquisitions that many investors assumed were happening behind the scenes simply do not occur.

Earlier reports confirmed this dynamic as well. ETF flows matter only when authorized participants create or redeem shares, not when issuers prepare for launch. Because these early purchases are limited, launch-day price shocks do not occur.

Why XRP Hasn’t Spiked Yet

With Canary Capital and Bitwise XRP ETFs now live, many are wondering why the price of XRP has not surged despite increasing inflows.

For instance, Canary Capital saw $12.8 million in inflows yesterday, bringing its total XRP assets to $305 million. Meanwhile, Bitwise debuted with a massive first-day inflow of $105.36 million.

Cumulatively, XRP ETFs have seen $410 million in inflows just one week after launching. However, despite these massive inflows, XRP’s price dipped to under $2 over the last 24 hours. Many are now questioning the disparity.

XRP Inflow Record

Community analysts like VanQish and Nick previously warned that ETF inflows do not translate into instant buying pressure. ETF shares trade on traditional exchanges, but this activity does not move real XRP.

XRP will begin responding only when ETF creation demand rises sharply, when authorized participants can no longer source XRP cheaply through private channels but must purchase it directly from crypto exchanges. This is the point at which a supply squeeze emerges.

Bitcoin followed the same pattern in early 2024: prices dipped after ETF launches, only to rally later once ETFs began accumulating BTC at scale.



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