Altcoins News
By Maheen Hernandez
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The conversation around exchange-traded funds (ETFs) linked to XRP is heating up as institutional investors show unprecedented demand for exposure to the cryptocurrency.
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This perspective comes at a time when futures-based XRP investment products are experiencing rapid growth, while U.S.
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One of the strongest signals of rising institutional interest is the milestone recently achieved on the CME Group platform.
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This is a historic achievement, making XRP the fastest cryptocurrency to reach the billion-dollar OI threshold on CME’s platform, outpacing even Ethereum and Bitcoin during their…
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He added that if futures products are seeing this level of success, the market may be vastly underestimating how strong the demand could be for spot ETFs once approved.
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Alongside CME’s record-setting milestone, futures-based XRP ETFs are also gaining traction. Products such as Teucrium’s 2x Long Daily XRP ETF (XXRP) and Volatility Shares’ XRPI…
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Bloomberg ETF analyst Eric Balchunas previously highlighted XXRP’s remarkable trajectory, which began with just $5 million in trading volume at its April debut.
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These inflows demonstrate that institutional and retail traders alike are actively looking for exposure to XRP through regulated ETF products, even before any spot fund receives…
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The U.S. Securities and Exchange Commission (SEC) is currently reviewing more than 10 spot XRP ETF applications from major asset managers including Grayscale, 21Shares, and…
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The regulator’s cautious stance is not unexpected, especially given the long-running legal battle with Ripple Labs, which concluded earlier this year.
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Fueling speculation further, Nate Geraci suggested that BlackRock—the world’s largest asset manager—may eventually file for a spot XRP ETF.
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BlackRock already dominates the digital asset ETF market with its Bitcoin and Ethereum products, and Geraci believes it would be “illogical” for the firm to overlook XRP if…
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He noted that BlackRock may choose to wait until regulatory clarity improves, only to “swoop in at the last minute” and capture early market share.
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Geraci’s comments have not gone unnoticed within the XRP community. Prominent figures such as attorney John Deaton, who played a key role during the SEC v.
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Deaton reminded the community that he had previously forecasted strong Wall Street interest in XRP-linked investment products.
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