**XRP ETF Approval Speculation and Market Impact**

The anticipation surrounding the potential approval of an XRP ETF by the U.S. Securities and Exchange Commission (SEC) is intensifying. Analysts suggest that such an approval could significantly boost XRP's price, similar to the effects seen with Bitcoin and Ethereum ETFs.

**Potential Price Surge to $1,000**

Crypto experts like BarriC and CryptoTank predict that an XRP ETF could propel the coin's price to $1,000. They argue that institutional investment could lead to a supply shock, driving prices upward. Firms like Bitwise and Canary Capital are preparing to launch their own XRP ETFs, which could further influence the market.

**Comparative Analysis with Bitcoin and Ethereum ETFs**

Data from SoSoValue indicates that Spot Bitcoin ETFs hold $58.66 billion in assets, while Spot Ethereum ETFs hold $6.74 billion. Even a fraction of this demand for XRP could result in substantial capital inflows, making the $1,000 price target plausible.

**Short-Term Price Predictions**

If an XRP ETF is approved, analysts believe the coin could reach its previous all-time high (ATH) of $3.84. Unlike Ethereum, XRP may face less selling pressure due to smaller holdings by the Grayscale XRP Trust, facilitating a smoother path to a new ATH.

**Institutional Interest and Market Sentiment**

Bitwise and Canary Capital are actively pursuing XRP ETF approvals, with experts like Nate Geraci optimistic about the timeline. Political changes could expedite the process, potentially leading to significant price increases.

**Impact of Bitcoin ETF Inflows**

If XRP ETFs capture even half the inflows seen by Bitcoin ETFs, analysts predict XRP could reach $2.15. Grayscale's reintroduction of its XRP Trust is a positive step toward ETF approval, suggesting a promising future for XRP.

This article provides a comprehensive analysis of the potential market impact of an XRP ETF approval, highlighting key factors and expert opinions.