XRP is capturing the attention of many eager investors and we’re here for it.

CoinShares recently published a report that revealed the week-over-week fund inflows to exchange-traded products with XRP as their primary focus had skyrocketed by a total of 327%. This is an insane surge from $1.8 million to a rather impressive $6.7 million.

XRP’s extraordinary growth is in the face of cryptocurrencies like Ethereum struggling with outflows. But why is this massive growth happening all of a sudden?

XRP ETF speculation is heating up

XRP’s surge is powered by one of the largest factors; optimism about XRP ETF.

Major players in the industry, like Grayscale or Franklin Templeton, have already submitted their application.

It seems that Ripple CEO, Brad Garlinghouse, has also dropped a hint that their official ETF might appear this year.

Now that the ETFs on Bitcoin and Ethereum are already in the game, investors are buying in at an early stage, as they believe that XRP could be the next in a row.

The Ripple vs. SEC WWE tussle

The years-long legal battle between Ripple and the Securities and Exchange Commission has cast a long shadow over XRP’s price and adoption.

However, the SEC decided last week to officially abandon its charges against Ripple, which is a major win for the company.

There is still an appeal pending from Ripple’s side, but the mood is generally shifting towards XRP.

With the legal uncertainty dissipating, investors are increasingly seeing a clear route ahead for Ripple and its native token.

There’s likely to be a massive surge in institutional interest in XRP, as its ETF buzz hits new heights.

I believe XRP is gearing up for a breakout year. If the SEC greenlights XRP ETF, it’ll usher in more institutional inflows and increase its demand.

For now, all eyes are on the market.

Will XRP continue to ride this wave, or is a correction in sight? Either way, it’s clear that XRP isn’t fading into the background anytime soon.