Crypto analyst Jungle has revealed what to expect if the SEC approves the XRP ETFs . He predicts that these funds could have a similar effect on XRP, just the way the Bitcoin ETFs did on BTC.

What Happens If The XRP ETFs Get Approved

In an X post , Jungle stated that if a spot XRP ETF is approved, it won’t just give Wall Street investors exposure to XRP but that it will also fundamentally change the altcoin’s market behavior . The analyst then alluded to what happened to Bitcoin after the launch of BlackRock’s Bitcoin ETF IBIT.

He noted that the Bitcoin price has remained volatile but that the assets under management (AuM) for BlackRock’s Bitcoin ETF kept climbing even during every dip. Jungle stated that this means institutions continued to buy the dips and buil

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