- XRP rallied 9% past $3.30 despite ETF approvals frozen by the SEC shutdown.
- Canary Capital predicts $5–10 billion in inflows for XRP ETFs at launch.
- Key resistance is $3.10–$3.15, with strong support around $2.70–$2.80.
XRP has pushed above $3.30, climbing over 9% in the past 24 hours. The rally comes at a strange moment, with the U.S. government shutdown freezing the SEC and stalling all progress on spot XRP ETF filings. Analysts note this isn’t rejection—it’s simply that no staff are available to review or approve the paperwork. Right now, six proposals from Grayscale, 21Shares, Bitwise, WisdomTree, Canary Capital, and CoinShares are just waiting in line. Once the SEC reopens, approvals could arrive in a batch, similar to how Bitcoin ETFs were greenlit earlier this year.
Canary Capital Predicts Up to $10B in XRP ETF Inflows
Steven McClurg, CEO of Canary Capital, isn’t shy about his predictions. In an interview with Paul Barron, he doubled down, saying XRP ETFs could see inflows of $5–10 billion within the first month. He compared it to the first Bitcoin futures ETF, which drew over $1 billion on day one and landed in the top ten ETF launches ever. Given Bitcoin’s $3 billion single-day haul earlier this year, McClurg said XRP ETFs pulling $2–3 billion on day one would be “no surprise at all.” That level of demand could place them among the top 20 ETFs of all time—possibly even top 10, depending on how the market looks when they launch.
Regulatory Clarity Could Unlock XRP’s Next Rally
The bullish outlook comes with one big caveat—regulation. The SEC and CFTC have started joint talks on crypto oversight, an early step toward unified U.S. rules. Former SEC commissioner Paul Atkins has even floated the idea of an “innovation exemption” to fast-track approvals for digital assets like XRP. For now, the ETF fate and broader institutional adoption hinge on how fast regulators move once the shutdown ends. Until then, XRP’s momentum is running on speculation and anticipation.
XRP Price Prediction: Key Resistance and Support Levels
On the technical side, XRP is wrestling with a stubborn resistance band between $3.10 and $3.15. Each push into that range has met heavy selling pressure. If bulls can break through convincingly, momentum could accelerate fast. On the downside, support sits first at $2.93–$2.94, with a stronger cushion near $2.70–$2.80. That deeper zone has sparked multiple rebounds in recent months and remains the key area traders are watching if the rally stalls. With ETFs in limbo but sentiment heating up, the next move could be sharp, one way or the other.
