Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Expert Says Stay Calm, Don’t Expect $10 or $589 XRP Prices As ETFs Continue to Launch

robot
Abstract generation in progress

The excitement surrounding the rollout of XRP spot ETFs continues to grow, but analysts are urging holders to remain patient.

As anticipation builds for additional XRP ETF listings, market commentators stress that the current environment does not support sudden price explosions to $10, $50, or even $589, as some community members have circulated.

While the Canary Capital XRP ETF became the first among several listings to go live, he emphasized that single ETF events rarely translate into instant price rallies.

His comments align with earlier explanations from other analysts who have argued that, by design, ETF launches do not create immediate surges in open-market demand for XRP. Instead, inflows enter the market gradually through a process that takes days or weeks before any meaningful impact is visible.

XRP-2.84%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)