WATCH: XRP ETF Coming Soon?
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March 15, 2024 10:04 pm
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Is an XRP ETF coming to the markets soon?
Many industry experts and pundits within the XRP community seem to believe so, and the wait may not be as long as you might think.
With financial giants such as BlackRock teasing a potential XRP ETF and notable industry players such as Uphold likewise teasing the advent of an XRP ETF, the rhetoric surrounding the potential development seems to be ramping up.
Following Ethereum, XRP makes sense as the next likely subject of an ETF offering.
The Digital Asset Investor broke down all the rumors and dissected the potential developments surrounding the rumored XRP ETF:
XRP ETF👀🚨👀🚨👀🚨 pic.twitter.com/PceTjrFu6P
— Digital Asset Investor (@digitalassetbuy) March 15, 2024
Brad Garlinghouse welcomes a #XRP ETF and many others..#XRP #XRPL #XRPCommunity https://t.co/BfbcMjXuRr pic.twitter.com/P3FCHOhFtX
— RIZ.. Vote John Deaton 4 Senate ☀️ (@RizXRP) March 15, 2024
Crypto News previously reported:
Fink’s cautious response to inquiries about an XRP ETF — “I can’t talk about that” — has been interpreted by XRP enthusiasts as a potential indicator that BlackRock is at least contemplating the idea, instilling optimism in the XRP market.
Chad Steingraber claimed that the XRP ETF will likely be here by the end of 2024 or possibly by the beginning of 2025.
It’s coming —> End of Year or early 2025.#XRP #ETF https://t.co/0uPDmweTVv
— Chad Steingraber (@ChadSteingraber) March 15, 2024
Is an $XRP ETF on the horizon? @MHiesboeck, Head of Research at Uphold weighs in!https://t.co/2iYARZAOdy@CoinpediaNews
— Uphold (@UpholdInc) March 15, 2024
According to Coinpedia:
While optimism about XRP ETFs is growing within the community, major asset managers like BlackRock remain cautious.
However, figures like Ripple CEO Brad Garlinghouse and Valkyrie chief executive Steve McClurg believe in the inevitability of an XRP ETF.
Former Ripple director Sean McBride even predicts its availability either this year or in 2025.
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