A prominent analyst within the XRP community is stirring significant speculation by suggesting that the digital asset is on the cusp of a major announcement. The prediction points to a potential convergence of regulatory, institutional, and technical factors that could catalyze a substantial price move.
Community Poll Reveals Split on Potential Government Involvement
The buzz originates from Cryptoinsightuk, a well-followed voice on X (formerly Twitter), who recently polled his audience on a bold hypothesis: whether the U.S. government might take a direct financial stake in Ripple or claim a portion of the XRP held in the company’s escrow system. The results, drawn from thousands of voters, revealed a divided community. Approximately 29.6% believe such an event could occur before 2026, while 27.3% see it as a possibility within that year.
This theory gained traction after a March announcement from former President Donald Trump’s campaign, which you can review on Reuters, mentioned XRP among cryptocurrencies that could be held in a proposed government wallet. While discussions have quieted recently, the underlying idea has persisted among supporters.
October: A Pivotal Month for XRP ETFs and Regulation
Cryptoinsightuk outlined a specific sequence of events for October that could serve as the “very big news.” His forecast includes two key developments:
Spot XRP ETF Approval: The race for a U.S. spot XRP ETF is entering its final stages. Major asset managers like Grayscale and Franklin Templeton have submitted their final amendments to the Securities and Exchange Commission (SEC). Final decision deadlines for several applications are clustered between mid and late October.
Progress on the Clarity Act: Concurrently, the analyst anticipates movement on digital asset regulatory frameworks, such as the proposed Clarity Act, which aims to provide clearer rules for the crypto industry.
The potential approval of a spot XRP ETF is considered a game-changer. As reported by Bloomberg, analysts assign a high probability of approval for such products by year-end, noting that the SEC’s pattern with Bitcoin and Ethereum ETFs suggests trading could begin swiftly after a green light.
Institutional Momentum Builds Ahead of Decision
The institutional groundwork for a significant XRP move appears to be already in place, lending credibility to the bullish outlook.
Futures Market Growth: CME Group’s XRP futures have surpassed $1 billion in open interest, signaling robust institutional engagement.
Strong ETF Launches: The recent debut of the REX-Osprey XRP ETF (XRPR) saw impressive first-day natural volume of $37.7 million. Furthermore, existing futures-based XRP ETFs collectively hold over $800 million in assets, demonstrating substantial pre-spot product demand. For a deeper look at institutional crypto products, Fidelity Investments offers extensive educational resources on the topic.
