Here’s the Possible XRP Price if 7 XRP ETFs Get $600M Monthly Inflows for a Year

How could the XRP price react if the seven spot XRP ETFs command $600 million worth of monthly inflows for up to 12 months?

The first purely spot-based XRP ETF, the Canary Capital XRP ETF (XRPC), has launched, and its debut performance was nothing short of impressive. Specifically, XRPC recorded over $58 million in trading volume and up to $245 million worth of net inflows, just 8% short of BlackRock’s Ethereum ETF day 1 record.

Bullish Prospects of XRP ETFs

This bullish showing has rejuvenated discussions around the potential impact of XRP ETFs on XRP price, should the other products awaiting their launch dates also boast similar performance. For context, there are still six more spot XRP ETFs from issuers such as Grayscale, Bitwise, 21Shares, and Franklin Templeton, looking to launch.

Notably, if each of these six products records just 50% of XRPC’s debut figures, they would collectively bring in $735 million worth of capital into the XRP market on their first trading days. However, this is unlikely to be the outcome, as results for each product would largely vary, based on investor appetite and demand.

Considering the prospect of all seven spot XRP ETFs drawing in massive capital, we recently evaluated how much the price could react if they all record $200 million worth of net inflows each month for up to a year. For perspective, this is only 2.4x the $245 million XRPC observed on its first day alone.