Grayscale’s Research Chief Says XRP Could Be Repriced Once Regulatory Clarity Arrives

Grayscale’s research chief, Zach Pandl, has stated that the market could reprice $XRP once clearer regulations emerge around the asset.

$XRP is trading under $1.50 today, but Pandl believes that regulatory clarity may help the coin see improved value.

Notably, he shared this view during a recent discussion with crypto host Paul Barron, arguing that clearer rules could unlock additional value across several digital assets, including $XRP.

Key Points

• Grayscale’s Zach Pandl says $XRP could be repriced once clearer regulations arrive for digital assets.

• Investor demand for $XRP products like GXRP rises as regulatory clarity could boost asset valuation.

• SEC and CFTC align on crypto oversight, aiming to harmonize rules and coordinate guidance for firms.

• Clarity Act delays may block passage in 2026; stablecoin yield rules remain a key sticking point.

Regulatory Clarity Could Unlock Value

Pandl noted that while nothing is guaranteed, investors are already positioning themselves ahead of potential policy developments affecting $XRP and other blockchain networks.

He explained that improved regulatory guidance could lead to a repricing across multiple digital assets. In the case of $XRP, clarity around issues such as long-term token supply could play a major role in shaping investor sentiment.

He suggested that if future policies reduce uncertainty about $XRP’s supply dynamics, it could positively affect the asset’s valuation.

The discussion also noted that regulatory frameworks could require companies connected to blockchain networks to restructure how they manage token holdings, influencing circulating supply and future inflation.

Strong Investor Demand for $XRP Investment Products

Pandl highlighted strong demand for $XRP investment vehicles offered by Grayscale. The firm’s $XRP investment product, GXRP, has attracted significant inflows since launch, accumulating about $121 million.

This interest suggests that some investors are already positioning themselves in anticipation of clearer regulatory rules surrounding the asset. Pandl indicated that greater regulatory clarity could encourage broader participation.

The conversation also highlighted the growing level of institutional capital entering the $XRP ecosystem. Even before comprehensive regulations are in place, large financial firms are exploring investments tied to the asset.

For context, $XRP ETFs led by five asset managers have seen $1.4 billion in inflows as of early March. Pandl believes institutions could begin treating $XRP more seriously as a financial asset class once regulatory frameworks are in place.

SEC and CFTC Align on Crypto Oversight

Notably, the SEC and CFTC recently signed a memorandum of understanding to coordinate their regulatory approach to digital assets. The agencies will hold joint meetings, share data, and clarify product definitions through rulemaking.

SEC Chair Paul Atkins emphasized that harmonization goes beyond aligning rules and extends to coordinated responses for firms seeking guidance, potentially including co-located offices.

While signaling the end of past regulatory turf wars, both agencies and the industry await outcomes from the market structure bill in the Senate.

Time Running Out for Clarity Bill, Expert Warns

Notably, the Clarity Act for crypto regulation may not pass this year unless lawmakers act quickly, according to Alex Thorn, senior researcher at Galaxy Digital. Delays largely center on whether stablecoin issuers can pay holders yields.

Thorn warns that if the bill doesn’t clear the committee by April, chances of passage in 2026 are very low. Even if that issue is resolved, other hurdles, such as DeFi rules, regulator powers, or ethics concerns, could still block it.

The bill’s fate is shaping up as a major political issue ahead of November’s midterms, with Democrats planning to challenge Trump’s crypto policies.