Expert Predicts XRP ETF Demand as CME Futures Hit $1B OI
The post Expert Predicts XRP ETF Demand as CME Futures Hit $1B OI appeared on BitcoinEthereumNews.com.
The XRP ETF debate has gained significant traction following the official closure of the Ripple vs SEC lawsuit. Nate Geraci, the President of NovaDius Wealth Management and host at ETF Prime Podcast, believes there will be organic demand for spot XRP ETFs. Expert Predicts Demand For The XRP ETFs In an X post, Geraci opined that people are underestimating demand for the spot XRP ETFs, indicating that they could record significant demand upon a potential launch. This came as he alluded to the CME Group’s statement that the XRP futures contracts have crossed over $1 billion in open interest, the fastest ever to do so, and in just over three months. CME Group says xrp futures contracts have crossed over $1bil in open interest… Fastest-ever contract to do so (took just over 3mos). There’s already $800+mil in futures-based xrp ETFs. Think people might be underestimating demand for spot xrp ETFs. — Nate Geraci (@NateGeraci) August 26, 2025 Furthermore, the market expert noted that there is already over $800 million in futures-based XRP ETFs. As such, he expects the demand for these futures products to translate into massive demand for the spot products if they eventually receive approval from the SEC. Bitwise, Canary Capital, WisdomTree, 21Shares, CoinShares, Franklin Templeton, and Grayscale have all filed with the U.S. SEC to offer spot XRP ETFs. As CoinGape reported, the regulatory agency opted to extend the review period for the WisdomTree XRP ETF until October 24, 2025. The SEC had already extended the review period for other funds, except for Franklin Templeton’s, whose deadline doesn’t come up until next month. The final deadline for these funds is in October, when the Commission must approve or disapprove the proposed rule change. Experts Betting On SEC’s Approval Of These Funds Notably, experts are betting on an…
Filed under: News - @ August 26, 2025 11:27 pm