What happened?
Six issuers filed spot XRP ETF proposals that together could allow up to about $100 billion of potential inflows if fully subscribed. The SEC’s final decisions on those filings are due this October, and the lineup includes plain-vanilla spot funds as well as leveraged and short products. At the same time, XRP’s chart shows a decade-long cup-and-handle pattern nearing a possible breakout with a key threshold around $3.60.
Who does this affect?
This mainly affects XRP holders and crypto traders because large ETF flows and a confirmed breakout could quickly boost prices and volatility. It also matters to institutional investors and traditional finance managers who want regulated, easy exposure to XRP, plus exchanges and market makers that would absorb the new flows. Broader altcoin markets and retail investors could feel spillover as capital rotates into or out of XRP depending on approvals and macro conditions.
Why does this matter?
If even a portion of the proposed $100 billion flows into XRP, it could materially raise price, liquidity, and the odds of the technical breakout that points to much higher targets. With growing hopes for U.S. rate cuts, ETF access could accelerate institutional demand and spark a sustained rally that improves sentiment across crypto. On the flip side, a rejection or delay would likely cool momentum and crank up short-term volatility, so the October decisions are a major market-moving event.