The XRP ETF will be approved in October: Can it create thousands of new millionaires?

The XRP ETF is expected to be approved between October 18 and 25, and Bloomberg estimates the likelihood of approval is 90% to 95%. Analysts expect the XRP ETF to inflows up to $8 billion, led by Grayscale and Franklin Templeton. If XRP is approved and priced at $10,000, investors holding 100,000 XRP will be expected to become millionaires, but only about 35,000 wallets currently hold such a number of XRP.