After hitting a 52-week high, XRP is now down 30% from its peak in July. New spot ETFs could bring billions in institutional money into XRP. Digital asset treasury companies are amassing funds to buy and hold XRP, with one company securing $1 billion in commitments from investors.

Investors are eagerly anticipating the launch of new spot XRP exchange-traded funds (ETFs), with six firms submitting applications. These ETFs could bring in as much as $8 billion in new institutional money, as nearly $2 billion has already flowed into XRP this year. The federal government shutdown has delayed the decision on these applications.

The launch of XRP treasury companies, like VivoPower International and Evernorth, is driving interest in XRP. These companies aim to buy and hold XRP, with Evernorth securing $1 billion for this purpose. The success of these companies could encourage others to adopt the XRP treasury model.

A price target of $12.50 for XRP by the end of 2028 looks unlikely, but not impossible. Greater adoption of XRP for global payments could drive its value higher, especially if it replaces parts of the SWIFT payment network. XRP’s potential as a player in cross-border payments is key to its future growth.

Investors should consider the potential of XRP before investing, as other stocks may offer better returns. The Motley Fool Stock Advisor team has identified 10 top stocks for investors, none of which include XRP. Past recommendations from Stock Advisor have produced significant returns, outperforming the S&P 500 by a wide margin.

Read more at Nasdaq: 2 Bullish Signals for XRP