According to market news, the approval date for the XRP Spot ETF is expected to fall between mid to late October, specifically between the 18th and 25th. The authoritative agency Bloomberg holds an optimistic view on this, believing that the approval probability is as high as 90% to 95%. Industry experts predict that once approved, the XRP ETF could attract up to $8 billion in capital inflow, with well-known institutions such as Grayscale and Franklin Templeton becoming major participants.

This potential major event has sparked heated discussions in the market regarding the price trend of XRP. Some analysts pointed out that if XRP's price rises to $10 after the ETF approval, investors holding 100,000 XRP could potentially become millionaires. However, current market data shows that there are only about 35,000 wallet addresses capable of holding this amount, which is relatively small.

The potential approval of the XRP ETF not only concerns the wealth growth of individual investors but may also have a profound impact on the entire cryptocurrency market. It signifies further integration between traditional finance and the digital asset space, promising broader participation from institutional investors and higher market liquidity for XRP.

However, investors should also recognize that the cryptocurrency market is highly volatile, and there is uncertainty in price predictions. Whether expecting the price of XRP to rise or worrying about potential risks, rationally viewing market changes and making cautious decisions is a wise choice. As the ETF approval date approaches, market attention is bound to continue to heat up, and the future trend of XRP deserves ongoing attention.