June 20, 2025
In a historic turn for the XRP ecosystem, Canada became the first country to launch multiple spot XRP ETFs, unlocking institutional access to the asset for the first time in a regulated form. This move, combined with record-breaking on-chain activity, has analysts projecting XRP could surge to $50–$75 within just months—driven by ETF inflows, shrinking supply, and rising utility.
🇨🇦 Canada Becomes Global Trailblazer for XRP ETFs On June 17, Canada approved and listed not one, but three XRP exchange-traded funds (ETFs):
Purpose Investments – XRPP
3iQ – XRPQ
Evolve ETFs – XRP.C
All three are now trading on the Toronto Stock Exchange and have attracted early demand from Canadian institutions and retail investors. 3iQ notably launched its fund with 0% management fees for the first six months, further incentivizing capital inflow.
These ETFs allow investors to gain direct exposure to XRP through traditional brokerage accounts, removing the barriers of custody, wallets, and private key management—while requiring actual XRP to be bought and held in reserve, causing net supply absorption.
📈 XRP Ledger Activity Surges Alongside ETF Rollout The ETF wave coincides with record-setting activity on the XRP Ledger (XRPL):
Active wallet addresses exploded from ~40,000 to 295,000 in just two weeks
Whale wallets (1M+ XRP) have hit an all-time high of 2,700
Daily transactions have surged to over 2 million per day
This growth indicates heightened institutional activity, possibly from ETF custodians securing XRP to back their offerings, alongside growing interest from decentralized finance and tokenization platforms.
🔍 XRP by the Numbers (As of June 20, 2025) Current Price: ~$2.16
Market Cap: ~$128 billion
Circulating Supply: ~59 billion XRP
24h Trading Volume: $2–3.2 billion
Max Supply: 100 billion (no inflation)
With over 50% of XRP held or locked away, and large portions being moved off exchanges, the available liquid supply is shrinking rapidly.
💹 Why Analysts See $50–$75 as a Realistic Target Several compounding factors support the bullish case:
1. ETF-Driven Demand & Supply Squeeze ETF managers must buy and hold real XRP, creating persistent buy pressure. As seen with Bitcoin, ETF flows can drain millions in supply rapidly. If XRP ETFs attract even 5–10% of Bitcoin ETF inflows, price models show $50–$75 XRP is plausible in months.
2. Institutional Onboarding Has Begun Ripple’s legal clarity following the SEC case resolution has removed uncertainty. Canada’s ETF launch is expected to influence the U.S., Australia, UAE, Switzerland, and Hong Kong, where several firms have already submitted XRP ETF applications.
3. Utility Growth via ODL and Tokenization Ripple’s On-Demand Liquidity (ODL) continues expanding globally. Meanwhile, platforms like BanxChange.com allow institutions to launch asset-backed tokens on XRPL in minutes, burning XRP and BXE tokens in the process—adding deflationary pressure.
4. Historic Comparison to Bitcoin Bitcoin ETFs led to 40–100% price rallies within 3–6 months of approval. With XRP’s current market cap still under $130 billion, similar inflows could create disproportionate upside due to its lower valuation.
⏳ Timeline: What Comes Next Now: Canadian ETFs live and gaining traction
Next 1–3 Months: ETF approvals in other jurisdictions likely
Q4 2025: U.S. XRP ETF decision expected; institutional flows to surge
Late 2025: XRP potentially trading in the $50–$75 range amid global supply tightening
Conclusion: Is XRP Entering a New Era? The launch of XRP ETFs marks a new era of mainstream financial integration for Ripple’s asset. What began as a low-cost cross-border settlement coin is now evolving into an institutionally-backed digital liquidity layer—one that could soon compete with the likes of Bitcoin and Ethereum in global capital markets.
With supply shrinking, ETF demand growing, and Ripple expanding its infrastructure, XRP may be on the verge of a breakout—one that could reach $50, $60, or even $75 in record time.
Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.




