The last several weeks have been up and down for the cryptocurrency market. Although prices have struggled to regain their late 2024 levels, industry regulation has promised a brighter day ahead for the industry. One asset that may benefit the most is Ripple, as it may outperform Bitcoin with an impending XRP ETF likely to bring massive inflows.
Throughout the last several weeks, Bitcoin has struggled. The leading cryptocurrency by market cap fell below the $90,000 mark Friday despite the recent executive order from US President Trump to establish a BTC reserve. Although it is expected to turn around, there is a chance that XRP could outperform it.
Also Read: XRP’s Surge to $4.3 Is Inevitable, Here’s Why
Ripple May Outperform Bitcoin as an XRP ETF Approval Gets Closer
Entering 2025, there were few cryptocurrencies that had the kind of potential Ripple had. With the Trump administration set to rewrite the book on crypto policy, its continued persistence over an aggressive US Securities and Exchange Commission (SEC) could propel it in the eye of investors.
That is set to only continue, according to experts. Indeed, Ripple is expected to outperform Bitcoin as an XRP ETF is poised to bring in massive inflows to the asset. Indeed, it will certainly play a role in propelling the asset to new heights.
Also Read: Ripple: XRP Price Prediction For Mid March 2025
JPMorgan analysts had projected that an approved XRP ETF could bring in as much as $8 billion. Moreover, the asset has a 43% chance to outperform assets like Bitcoin and Ethereum as it currently stands. Additionally, the two leading assets hold 21% and 7% odds of leading the market this year.
Although the entire market has struggled, XRP has shown resilience. The asset still ended the week firmly above the $2 level and had increased 12% over the prior seven days. The presence of an XRP ETF could set the cryptocurrency soaring.
Credit: Source link