Reported 2 days ago
The discourse surrounding a potential XRP exchange-traded fund (ETF) has analysts split, with some predicting significant institutional interest and others warning it may signal XRP's decline. While AdrianoFeria.eth doubted XRP’s future institutional demand, Canary Capital’s Steven McClurg estimated that XRP ETFs could raise up to $5 billion in their first month, potentially rivaling Ethereum's market presence. As the SEC reviews 92 pending crypto ETF applications, including for XRP, the outcome may reshape the future of cryptocurrency investments.
Source: YAHOO