Is XRP the New Bitcoin? Why Wall Street Is Buzzing About Its ETF
The post Is XRP the New Bitcoin? Why Wall Street Is Buzzing About Its ETF appeared on BitcoinEthereumNews.com.
Key takeaways XRP ETF talk has moved from Crypto Twitter to Wall Street trading desks. Analysts say the first few months of inflows could top $1 billion. SEC rule changes have streamlined spot crypto fund listings. Approval isn’t guaranteed, but momentum is building fast. Talk of a spot XRP (XRP) exchange-traded fund (ETF) has shifted from Crypto Twitter to real trading desks. Two factors are driving it. First, ETF specialists Nate Geraci and Bitwise chief investment officer Matt Hougan say the market is underestimating demand for a spot XRP ETF. Geraci has warned that investors are “severely” underestimating the flows, and Hougan has said the fund could reach about $1 billion in assets within its first few months of trading. Second, the US market infrastructure for spot crypto funds has evolved. The Securities and Exchange Commission (SEC) has adopted generic listing standards that shorten the approval path for certain spot crypto ETFs, and exchanges have already begun listing altcoin products under the new framework. None of this guarantees an XRP approval, but it explains why the conversation has turned serious. What is a spot XRP ETF? A spot XRP ETF would hold XRP with a qualified custodian and issue shares that track the fund’s net asset value through the standard creation and redemption process. This structure matters because it allows XRP exposure within brokerage accounts, adviser model portfolios and retirement platforms, offering familiar reporting and tax treatment. It’s different from a futures-based product, which tracks derivatives rather than the asset itself and can diverge from spot prices. The SEC’s September 2025 rule change didn’t approve every crypto ETF, but it created a uniform starting line instead of one-off approvals. Where US approvals stand In mid-September 2025, the SEC adopted generic listing standards allowing major exchanges to list certain spot crypto…
Filed under: News - @ November 4, 2025 6:29 am