Northstake executives: If the XRP ETF is approved, it is expected to see inflows of $400 to $500 million in the first week

ChainCatcher news, according to ibtimes, Luca Sorlini, the product head of virtual asset service provider Northstake, stated that he believes the reasonable inflow range in the first week after the approval of the XRP ETF will be between $400 million and $800 million.

Luca Sorlini further added that his prediction will depend on various factors, including overall market conditions, the number of competing ETFs that may be launched simultaneously if approved, and, more importantly, institutional interest in this issuance.

However, Bloomberg's senior ETF analysts James Seyffart and Eric Balchunas currently believe that the probability of the XRP ETF being approved is 65%. This is because the classification of the token as a security or a commodity remains an unresolved issue.