XRP Price Prediction: 21Shares XRP ETF (TOXR) Launches Friday – Can XRP Finally Break $3?
Leading European digital asset provider 21Shares has received Securities and Exchange Commission (SEC) approval to launch its XRP ETF under the “TOXR” ticker this coming Friday, and analysts say XRP price predictions now lean toward a bullish breakout above $3.
In a November 21 X post, 21Shares told the XRP army to get ready after receiving the green light for the November 29 ETF listing.
TOXR is set to join the list of approved XRP ETFs that have already gone live in November, like the Bitwise Spot XRP ETF and the Canary Capital XRP ETF, alongside others awaiting approval like the Grayscale, CoinShares, and WisdomTree XRP ETFs.
21Shares XRP ETF Joins $135M Bitwise Inflow Surge
Hunter Horsley, CEO of Bitwise, revealed that the recently launched Bitwise XRP ETF recorded over $18 million in inflows yesterday, extending its 3-day inflow streak to $135 million.
“~$18,000,000 of inflows into the Bitwise XRP ETF, ticker $XRP, yesterday. Now ~$135,000,000 in the first 3 days since its launch. Grateful to investors entrusting Bitwise to steward their assets,” Horsley said.
Farzam Ehsani, co-founder and CEO of VALR, spoke with Cryptonews today on how ETF flows are reshaping institutional behavior and what these inflows could indicate for the broader liquidity cycle, particularly in light of XRP’s consistent inflow streak.
Ehsani said that XRP’s positive inflows are perhaps the most structurally significant of altcoin ETFs after months of underperformance, as its ability to attract steady spot ETF demand suggests that ETF flows might be a more reliable barometer of genuine institutional interest.
“XRP’s 8-day inflow streak, totaling over $620 million, is an early sign of real institutional appetite for high-beta altcoins despite recent volatility and whale-driven selling pressure,” he added.
Ehsani believes that if ETF inflow volume remains sustainable, XRP could be seeing the first phase of a slow but durable liquidity recovery, which will be essential for rebuilding market depth after recent drawdowns.
Analysts Eye $2.60 Before XRP’s $3 Breakout Attempt
This aligns with Ray Youssef’s recent prediction that altcoin ETF season momentum could trigger an end-of-year rally that could see XRP reaching $3, provided ETF demand is sustainable and macro volatility continues to ease.
Crypto analyst Ali Martinez has also supported the bullish XRP price prediction, revealing that since the Ripple-backed asset bounced off the $2.00 support level, it now targets the $2.60 mid-channel level before attempting a break above the $3.0 psychological mark.
Source: X/Ali_chartsCrypto prices have remained steady this week, with the total market cap holding above $3 trillion.
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