Teucrium CEO Says XRP ETF Demand Could Top $8 Billion

Momentum is building around XRP as major institutional players show growing confidence in its growth prospects, both as a crypto asset and as a top ETF candidate. With the SEC set to decide on spot crypto ETFs in the second half of 2025, XRP is emerging as one of the leading contenders.

At XRP Las Vegas 2025, Teucrium ETFs CEO Sal Gilbertie said that Wall Street is seriously underestimating the strength of the XRP community and Ripple’s role in shaping the future of crypto.

Is Wall Street Underestimating XRP and Ripple?

While JP Morgan estimates $4–8 billion in inflows for spot XRP ETFs in their first year, Gilbertie is far more bullish: “I’d say $8 billion or maybe way more. They’re underestimating the XRP community and Ripple,” he said.

In a separate interview with Bloomberg, Gilbertie had also called XRP the crypto asset with “the most utility,” setting it apart from others in the space.

Teucrium’s 2x leveraged XRP ETF launched strong with $5 million in trading volume on day one. According to Bloomberg ETF analyst Eric Balchunas, this placed it in the top 5% of all ETF launches. In just 7 weeks, the fund attracted $122 million.

XRP ETF Approval Odds Soar to 90%

The odds of an XRP ETF approval this year have surged to 90% on the Polymarket prediction platform, up from just 70% a few weeks ago. The odds are currently sitting at 88% as of today.

Bloomberg analyst James Seyffart says that if new XRP ETFs attract more than $85 million in their first week, it would be considered a “relative success.” He explained that XRP’s spot market is about 7.5% the size of Bitcoin’s. So, if XRP ETFs hit 7.5% of Bitcoin ETF launch numbers, it would be a strong start. For the unversed, Bitcoin ETFs saw $14 billion in volume and $1.13 billion in flows at launch.

The SEC is expected to announce ETF decisions in late 2025, with major players like Grayscale, VanEck, Bitwise, and Canary Capital leading the charge. Bloomberg places XRP’s ETF approval odds at 85%, alongside other strong players like Solana and Litecoin. “Get ready for a potential Alt Coin ETF Summer,” Balchunas posted recently on X.

Canada Sets the Pace

While the US regulators delay, Canada is already leading the way. Firms like Purpose Investments, 3iQ, and Evolve have recently launched XRP ETFs with approval from the Ontario Securities Commission.