XRP News Today: XRP ETFs Ignite Discussion: Could Institutional Investments Drive a 465% Price Increase?

The U.S. crypto sector is approaching a significant turning point as Franklin Templeton and Grayscale's

exchange-traded funds (ETFs) have received their final regulatory green light, gaining NYSE Arca approval under the Exchange Act of 1934. These funds, set to launch on Monday, November 24, represent a major milestone for institutional involvement in digital currencies, with . The new ETFs join an expanding roster of XRP-based investment vehicles, such as 21Shares' recently sanctioned fund and Canary Capital's pioneering product, highlighting the evolution of the market's infrastructure .

Franklin Templeton's

(XRPZ) stands out with a 0.19% management fee—the lowest among its peers—and has attracted attention for its prudent strategy, reflecting the firm's $1.5 trillion in managed assets . While the fund's initial capital commitment remains undisclosed, it is anticipated to generate strong early investments, similar to Bitwise's $25 million opening day. Grayscale's participation further enhances XRP's standing among institutional investors, with specialists emphasizing that for those seeking exposure to XRP without the complexities of direct crypto custody.

The anticipation of these launches has already impacted the market.

, now trading close to $2.12 as trading volume jumped by 26%. , including the SEC's updated guidance following the government shutdown and the withdrawal of SAB 121, which had previously limited institutional involvement. Moreover, Franklin Templeton's cautious approach and the Trump administration's supportive stance on cryptocurrencies—such as the Genius Act and a strategic reserve plan—have further boosted market confidence .

Looking forward, speculation is mounting about BlackRock, a major player yet to enter the XRP ETF space.

47 billion tokens at current valuations, putting pressure on the available supply of 60 billion XRP. Still, Standard Chartered's Geoffrey Kendrick projects that , representing a potential 465% increase from present prices. These forecasts depend on demand driven by ETFs, with of $292 million within its first four days.

The current ETF enthusiasm echoes the path taken by Bitcoin ETFs, where a dozen funds now collectively hold $117 billion in BTC. For XRP, the arrival of institutional funds could heighten price swings, especially if several ETFs amass large holdings. Although some doubt the plausibility of Kendrick's $220 price prediction,

indicate that XRP's growth story is still unfolding.