Experts believe that the dual use of the XRP Ledger may make it a groundbreaking ETF investment target.

According to industry leaders at the Ripple Swell conference, the XRP Ledger serves dual functions of value transfer and real-world payments, making it stand out in the crypto assets ETF market. Bitnomial CEO Luke Hoersten highlighted its dual-pronged strategy: using XRP for wealth storage and RLUSD for payments. Steven McClurg from Canary Capital pointed out that the SEC's rules now allow for “no latency revisions,” which could lead to the launch of a spot XRP ETF as early as next week. Bitwise CEO Hunter Horsley noted that investors are confident in XRP, while Bloomberg's Eric Balchunas believes that an XRP ETF could become a breakthrough product in the next cycle, although the ETF alone may not drive prices to soar.

XRP-1.62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)