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