A spot ETF allows pension funds, hedge funds, banks, and asset managers to invest in XRP through traditional financial platforms, opening the doors for institutional capital. Why has Bloomberg’s XRP ETF Approval Rating Jumped to 95% Bloomberg analysts, led by Eric Balchunas and James Seyffart, have dramatically boosted dramatically boosted their odds of a U.S. spot XRP ETF approval to 95 %, citing strong indicators of regulatory momentum and institutional appetite The SEC’s ongoing engagement with 19b‑4 filings—marked by amendment requests and public comment calls—signals a cooperative shift, with the Bloomberg analysts interpreting it as growing recognition of XRP under a commodity framework, much like Bitcoin and Ethereum. Heavyweights like Grayscale, Franklin Templeton, Bitwise, and 21Shares have all filed XRP spot ETF applications. Rumors have also been swirling about BlackRock’s game-changing potential in this area. Their combined involvement adds both legitimacy and institutional rigor to the process. A successful XRP ETF could unlock billions in inflows, with some forecasts projecting inflows between $4.4 billion and $8.3 billion by 2026 as projected by leading banking giant Standard Chartered. Therefore, a spot XRP ETF is not just a new investment vehicle, it’s a gateway to institutional adoption, price growth, and legitimacy for XRP in global financial markets. It's a powerful signal that XRP is evolving from a speculative token to a recognized digital asset. XRP Whales Go on a Buying Spree According to market analyst Jungle Inc, “This chart shows the relationship between whale flows (in millions) and XRP price over time.From Aug–Dec 2024, whale flows shift from strongly negative to positive (+250M), coinciding with a steep XRP price rally from ~$0.50 to ~$3.00 — suggesting whales accumulate before price surge.” The analyst added, “May–June 2025: whale flows turn positive again (+300M), while price stabilizes around $2.00 — hinting at potential repeat of the prior rally cycle.In short: whales accumulate heavily before rallies and reduce positions as prices peak — their flows often precede major moves.” With whale flows turning positive, there is a high likelihood that large holders are anticipating an upward price movement and are positioning themselves early, with this move usually deemed smart money activity. Therefore, XRP whales are quietly but aggressively accumulating, signaling long-term conviction underpinned by growing on-chain utility and improved regulatory outlook. Their strategic moves are reshaping supply dynamics, and if sustained, may set the stage for a major breakout in the months ahead. In the past month alone, whales holding between 10–100M XRP scooped up more than 420M XRP worth a whopping $915M, while another cohort added at least 260 million XRP, illustrating robust diversified accumulation across different whale brackets. Combined with earlier Q2 accumulation of around 900M XRP, this reflects a sustained push higher. Record-Breaking Whale Wallet Surge On‑chain analytics reveal a historic milestone: over 2,700 wallets now hold more than 1 million XRP , the highest ever in XRP’s 12‑year existence. This scale of concentration indicates large players and institutions are injecting capital and confidence into XRP at an unprecedented pace. On the other hand, Daily active addresses on the XRP Ledger skyrocketed from 40K to an astonishing 295K, representing a 7-fold increase. Surging transaction volume driven by new use cases in decentralized finance (DeFi), tokenization, and cross‑border flows is translating on‑chain utility into credible long‑term demand. Conclusion Bloomberg’s 95% XRP ETF outlook reflects a deliberate and structured regulatory shift coupled with institutional and market alignment. This coupled with a notable whale accumulation spree, paints a bullish XRP picture.
