Crypto commentator Zach Rector argues that XRP\u2019s months-long malaise is nearing a turning point, contending that selling pressure has largely run its course and that a fresh wave of institutional demand is lining up on the other side of the ledger. \u201cXRP sellers are exhausted,\u201d Rector said in a video analysis published late on October 9, adding that \u201cthe downside action and the consolidation that we\u2019ve seen over the past few months is coming to an end and the suits are now getting ready to sell it with slideshow presentations.\u201d<\/p>\n
Rector\u2019s central thesis is that structurally constrained float and prospective exchange-traded products could catalyze a supply squeeze<\/a>. He framed the timeline around a US government shutdown, asserting that approval activity would not resume until after a reopening: \u201cETFs are set to go live for XRP as soon as the government shutdown<\/a> ends. No, I am not anticipating the SEC to approve the ETFs while the government is shut down.\u201d He characterized the post-shutdown period as a potential \u201ctidal wave of XRP, crypto, and other related ETFs,\u201d while acknowledging that the precise sequencing depends on regulators returning to normal operations.<\/p>\n Pointing to what he sees as a template in other assets, Rector highlighted a recent trading episode he attributed to BlackRock\u2019s Ethereum ETF. In his telling, \u201cJane Street\u2026 spark[ed] a massive momentum ignition selloff just in time for BlackRock\u2019s ETF to buy the most Ether in 2 months,\u201d with $437 million of inflows arriving on a day of heavy price weakness.<\/p>\n \u201cWhile they\u2019re hitting the sell button, panicking\u2026 the investors at BlackRock <\/a>are saying, \u2018Thank you very much,\u2019\u201d he said. He extrapolated from this to XRP, claiming \u201cthe suits have the champagne on ice cuz they know that they\u2019re about to go break records with the XRP ETFs.\u201d<\/p>\n Beyond the ETFs, Rector emphasized on-chain and DeFi dynamics that he believes reduce liquid supply. He cited activity around Flare\u2019s FXRP mechanism, describing wallet flows and escrowed balances as visible on public ledgers: \u201cSo far, Flare has already locked up almost $60 million worth of XRP. That\u2019s equivalent to about 20 million XRP.\u201d<\/p>\n