XRP price eyes a 35% surge as Ripple ETF nears $100M milestone

The XRP price is on the verge of a 35% surge to its year-to-date high as inflows into the Teucrium 2x Long Daily XRP ETF continue.

Ripple xrp1.62%XRP was trading at $2.5270 on Tuesday, up over 55% from its lowest level this year, giving the token a market valuation of nearly $150 billion.

Data shows that the XXRP ETF has recorded inflows for five consecutive weeks, bringing its total assets to more than $99.1 million. It added $14 million last week, up from $10 million the previous week.

The sustained growth of the XXRP ETF highlights rising demand for XRP-linked investment products — despite its relatively high annual management fee of 1.89%. For comparison, the ProShares Bitcoin ETF charges an expense ratio of 0.95%.

This demand comes as optimism grows that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs from firms such as Franklin Templeton, Grayscale, 21Shares, Canary, and CoinShares. According to Polymarket, the odds of approval have climbed to 80%.