Quick overview

---

Kris Marszalek, CEO of Crypto.com, made the audacious prediction that XRP’s ETF could draw $8 billion in inflows in its first year in a video John Squire posted on X.

 

The XRP community was already feeling excited about this prediction, with many hoping that the inflows would result in a significant increase in XRP’s value.  The anticipated rise in liquidity may bolster the asset and reinforce its position in the cryptocurrency market.  Marszalek’s comments highlighted XRP’s growing institutional interest and suggested that significant investments may be forthcoming. This influx of capital is likely to improve XRP’s status and attract both individual and institutional investors.

BlackRock’s head of digital assets, Robert Mitchnick, a former Ripple executive,  released research projecting a double-digit target for XRP. Mitchnick joined BlackRock after working at Ripple.

He was a co-author of a research report at the time of his move that examined digital assets and their potential values. Mitchnick’s report modeled both possible success and failure scenarios for XRP, estimating the asset’s future price in double digits.

The report’s low estimate of $6.37, although significantly higher than XRP’s current trading level, was explained by him. The forecast was then summarized into a range of fundamental values..

“The resulting fundamental value range of between $1.59 and $8.23” was reached after giving the success case a 25 percent chance, while the failure case assumed that XRP would have no value.

Although BlackRock has not yet applied for an XRP exchange-traded fund (ETF), the company has significantly expanded its presence in the cryptocurrency market.