An expert predicts that XRP Exchange-Traded Funds (ETFs) could completely change the game for XRP. While they’re not available yet, the buzz around them is huge, with analysts expecting approval in the coming months.
A Game-Changer for XRP?
AllinCrypto, a well-known crypto expert, recently discussed the potential impact of XRP ETFs on a podcast. He believes their approval would be a massive turning point for XRP. These ETFs could dramatically alter how XRP is perceived and traded globally.
Unlike previous attempts to boost XRP’s price, ETFs could bring in a massive wave of investment from institutions and everyday investors, significantly increasing liquidity. AllinCrypto’s positive outlook rests on the combined effect of ETFs, 401(k) plans (retirement savings accounts), and broader access to these investments.
He believes trillions of dollars in 401(k) funds could flow into XRP ETFs once approved by the SEC, completely changing the landscape for XRP. This influx of capital, he argues, would put XRP on par with Bitcoin and Ethereum.
The Future Looks Bright
While Bitcoin and Ethereum ETFs are already doing well, AllinCrypto thinks XRP ETFs could be even bigger. He’s confident that XRP ETFs will surprise everyone, thanks to the existing institutional interest in XRP.
He’s optimistic about SEC approval by September, echoing the predictions of many ETF providers. He envisions a “pretty explosive” period for XRP starting in late 2025 and beyond, suggesting crypto’s growth might not follow the traditional four-year cycle.
Even Ripple’s CEO, Brad Garlinghouse, shares this optimism. He believes SEC approval is practically guaranteed, pointing to the recent approval of Bitcoin Spot ETFs as a precedent. He sees XRP ETFs as a key step towards institutional adoption of XRP.