Crypto proponent John Squire recently published a post claiming that reports suggest JP Morgan may be quietly accumulating XRP in anticipation of possible spot ETF approvals. He described such a move, if accurate, as a “game-changer for institutional crypto adoption.”
The post drew attention within the digital asset space, particularly as anticipation grows over the pending decisions on multiple spot XRP ETF applications currently under review by the United States Securities and Exchange Commission (SEC).
The timing of Squire’s remarks is significant, as six major asset managers, including Franklin Templeton, WisdomTree, and Grayscale, recently submitted amended filings for spot XRP ETFs.
These applications have drawn scrutiny from regulators, with deadlines now extended into October 2025. Analysts have stated that institutional involvement would play a central role in the success of such products if approved.
🚨 RUMOR ALERT 🚨
Reports suggest JP Morgan is quietly accumulating $XRP in anticipation of spot ETF greenlights. 🏦💧
If true… it’s a game-changer for institutional crypto adoption. 🔥 pic.twitter.com/ib3OwQzPEO
— John Squire (@TheCryptoSquire) August 26, 2025
Community Reactions and Differing Views
In response to Squire’s post, X user Filipe Pereira questioned the reliability of the reports. Pereira acknowledged that if JP Morgan were indeed acquiring XRP, it would represent a major shift for institutional participation in the asset.
However, he stressed the need for confirmation from credible sources before giving weight to the claims. He asked Squire directly for his interpretation of how such developments could affect XRP’s future if proven true.
Another user, going by the name goblue25, dismissed the report outright. He criticized Squire for sharing what he described as unverified information, accusing him of attempting to inflate expectations around XRP. His comment reflected the more skeptical segment of the digital asset community, which continues to question XRP’s long-term investment value compared to other cryptocurrencies such as Bitcoin.
Spot XRP ETFs Approval
The speculation comes at a time when optimism around spot XRP ETFs remains strong. Following recent legal clarity that programmatic sales of XRP are not considered securities, the path for regulatory approval appears clearer than in previous years.
Market observers note that institutional confidence has grown in parallel with these developments, with several analysts suggesting the likelihood of ETF approvals before the end of 2025 is high.
If approved, experts estimate that billions in institutional capital could flow into XRP-backed funds, potentially driving a substantial increase in trading volumes and overall liquidity. Price forecasts have varied, with some analysts projecting ranges between $10 and $20 in scenarios where spot ETF products are green-lighted.
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Market Impact
Reports of possible institutional accumulation, whether confirmed or not, highlight the heightened attention surrounding XRP at this stage of regulatory review. Even the suggestion of banks preparing for ETF-related opportunities has added momentum to the ongoing debate about the asset’s role in broader adoption.
While Squire characterized the potential involvement of JP Morgan as transformative, responses from other community members emphasized caution. The differing perspectives reflect the uncertainty that often surrounds the digital asset industry, where rumors frequently emerge ahead of major regulatory decisions.
The SEC’s extended review process will remain the focal point for investors awaiting clarity. Any confirmed institutional participation would likely reinforce the perception that XRP is positioned to play a role in future market infrastructure. Until then, the claims shared by Squire remain unverified.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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