XRP ETF Frenzy Ignites as Wall Street Plays Catch-Up With Crypto
Ripple’s XRP rockets into institutional favor as a stampede of ETF filings hits the SEC—because nothing screams ’legitimacy’ like TradFi scrambling to repackage what they once called a ’scam.’
The ETF Gold Rush Heats Up
Five major asset managers filed for XRP exchange-traded funds this week, betting regulators will capitulate after their Bitcoin ETF approvals. The surge mirrors 2021’s crypto fund frenzy—but this time, bankers want a piece of the action they spent years dismissing.
Liquidity Over Ideology
Institutional inflows to XRP pools spiked 300% month-over-month as arbitrage sharks circle. ’It’s not about the tech,’ admits one hedge fund PM. ’We’re here because the SEC lost its lawsuit—and clients won’t shut up about altcoins.’
The Cynic’s Take
Watch how fast Wall Street rebrands ’unregistered securities’ as ’innovative yield vehicles’ when there’s a 2% management fee attached. XRP holders cheer—but remember who always profits most in a gold rush: the guys selling shovels.
Increasing Interest in XRP ETFs and Rising Competition
XRP has outpaced major altcoins such as Solana
$148, Litecoin, and Dogecoin
$0.178679 in terms of ETF applications. According to data from Kaiko, XRP currently holds the position of the altcoin with the most ETF applications. This trend illustrates a robust interest among investors in XRP.
Thanks to its high liquidity, XRP has become an attractive option for both institutional and individual investors. The ease with which an asset can be bought and sold is one of the critical factors that regulators consider when approving ETFs. This characteristic paves the way for the altcoin to secure a more solid foothold in the investment world.
Industry giants like Bitwise, 21Shares, and CoinShares are also moving to offer XRP-based investment products, highlighting the accelerated institutional adoption in the cryptocurrency market. However, the most crucial development for investors will be the potential approval of Grayscale’s XRP ETF application.
How Ripple – SEC Lawsuit Affects ETF Approval
Another factor heightening excitement around XRP is the speculation regarding a potential settlement between Ripple and the SEC. Crypto analyst John Squire suggests that an agreement between the parties could be imminent. This type of development is considered one of the key factors that could open the door for XRP-based ETFs.
Squire believes that ProShares’ ETF application is a clear sign that the altcoin is beginning to take on a more permanent role in the financial system. Positive comments from regulatory authorities, including former SEC member Paul Atkins, indicate that perceptions surrounding XRP are shifting.
If a settlement between Ripple and the SEC occurs, it could create a strong foundation for the approval of Grayscale’s XRP ETF application. In such a scenario, XRP may become more visible both in regulated financial products and mainstream investment channels.
Currently, experts emphasize that XRP’s future in the financial world looks quite promising. However, the development that would truly create a significant impact would be the SEC’s official approval of Grayscale’s application. A potential Ripple-SEC settlement could eliminate one of the major obstacles to that approval.
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