XRP recently rose by double digits, reaching the mid-$2 range. Analysts say institutional investor interest in XRP is growing, with a series of ETF-related products and listing applications based on XRP in the US market since November 2025.
Market data shows that XRP-related ETFs and trust products have recently seen significant inflows. However, during the same period, some Bitcoin and Ethereum ETFs have seen slowing flows or net outflows. However, fund flows by asset class vary depending on product type and aggregation criteria.
The rebound in XRP prices is attributed to the near-conclusion of the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). The two sides reached an agreement in May 2025, and the finalization in August significantly eased the years-long debate over the security status of XRP. This has improved entry conditions for institutional investors who had been on the sidelines due to regulatory risks.
Following the SEC settlement, major asset managers such as Bitwise, Canary Capital, Grayscale, Franklin Templeton, and 21Shares have launched or applied for listing of XRP-based ETFs or related products. One cryptocurrency market expert analyzed that, "As regulatory uncertainty decreases, institutional investment demand for XRP is gradually increasing."
Based on on-chain data, the amount of XRP held on exchanges remains at a reduced level compared to the past. The market is also concerned that an influx of demand could lead to increased price volatility amidst a reduced circulating supply.
There are also predictions that the passage of the US Cryptocurrency Market Structure Bill, which is expected to be discussed in earnest in January, could further improve the environment for institutional capital inflow. Recent changes to the SEC's personnel structure are also cited as a factor fueling expectations of a easing of regulatory environment.
