XRP ETF Inflows Will Surprise Many Once Approved, Predicts Former US Senate Candidate
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John E. Deaton, a cryptocurrency-focused lawyer who ran against Elizabeth Warren for a Senate seat in Massachusetts, believes XRP ETFs will attract substantial inflows once these products are greenlighted by the US Securities and Exchange Commission. The number of active applications continues to grow, with the most recent one aiming to launch a Monthly Option Income ETF focused on Ripple’s native token. 15 is a lot. Whether people hate it or not, I predict the inflows will surprise many. https://t.co/CMi0ZQPqQP — John E Deaton (@JohnEDeaton1) August 30, 2025 A Lot of Filings Deaton’s comments came in response to the Wolf of All Streets’ remarks that the total number of applications for spot Ripple ETFs has grown to 15. However, that information is a bit dated as another filing reached the US SEC desks this week. As reported yesterday, Amplify ETFs filed for an XRP Monthly Option Income ETF, which will work differently from a spot one. It doesn’t rely so much on big gains for the underlying asset. Instead, it uses trading strategies to generate steady, predictable, but capped monthly income for its investors. Despite the increasing number of applications, the US regulator continues to delay making a decision on almost all of them. The next major deadlines are scheduled for October, following the SEC’s request for comments from issuers, which has led to recent filing updates. Inflows Will Indeed Surprise You? Although Deaton wasn’t specific whether the inflows will surprise investors in a positive manner, it’s safe to assume so, given his history with the XRP Army. After all, he was among the most prominent attorneys representing XRP holders in the legal battle between the SEC and Ripple. Obviously, that’s up for debate since the ETFs are not officially approved. However, there has indeed been notable demand for XRP,…
Filed under: News - @ August 31, 2025 5:14 am