‘Ride the Bitcoin Wave,’ Says Top Investor About Ripple (XRP)

The Bitcoin (BTC) bull market is in full swing, with the leading cryptocurrency hitting new highs last week and showing momentum to keep climbing. Historically, such BTC rallies spark a wave of gains in major altcoins, and as the fourth-largest by market cap, Ripple (XRP) is well-positioned to ride that wave.

Echoing that view, top investor David Zanoni, who’s ranked in the top 4% of TipRanks’ stock pros, believes the cross-border payments-focused coin is ready to pop as it has several catalysts that could “drive it higher over the next several months.”

The current BTC rally may be entering the parabolic phase of its halving cycle, a stage often marked by explosive price action over a short span. April and May’s strong bullish momentum and the recent breakout to new all-time highs only strengthen that case, and XRP could be one of the biggest beneficiaries.

“It is reasonable to expect the price of XRP to follow Bitcoin’s move higher based on previous cycles,” says the 5-star investor. “XRP tends to have sharp price swings in each cycle.”

While that catalyst is based on BTC’s moves, more specifically in XRP’s case, another potential one involves the recent launch of the first XRP ETFs on May 22. The Volatility Shares Trust (XRPI), which began trading on that date, is the first ETF based on XRP. Additionally, a leveraged ETF called the Volatility Shares Trust XRP 2x ETF (XRPT) was introduced.

Both XRPI and XRPT track XRP futures contracts rather than being spot XRP ETFs. However, these could be coming soon and are generally considered better than futures ETFs for most investors – especially for long-term exposure – because they’re simpler, more efficient, and track the underlying asset more accurately (they also actually hold the cryptocurrency itself). Several spot XRP ETFs are currently awaiting approval from the SEC. Companies like Grayscale, Bitwise, WisdomTree, 21Shares, Canary, CoinShares, and Franklin have all filed for spot XRP ETFs. The SEC’s decisions on these applications are anticipated by the end of 2025, though approvals could come sooner.

“The launch of XRPI and XRPT and any new approvals for spot XRP ETFs could help spark a rally for XRP as more awareness about the crypto is created,” says Zanoni. “These ETFs can help get more investors interested in XRP and provide them with a convenient way to buy and sell it.”

Based on previous cycles, Zanoni expects Bitcoin’s price to peak in October 2025, and while there is likely to be plenty of volatility between now and then, over the period, Zanoni expects XRP’s price to “trend strongly upward along with Bitcoin.” (To watch Zanoni’s track record, click here)

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Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.