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$XRP ETF Approval Odds at 99%, But Expert Says: "ETFs Will Be Irrelevant in 5 Years!"
Hey friends, big buzz for XRP! Traders on
#Polymarket have pegged the odds of an XRP ETF approval in 2025 at over 99% – SEC green light hopes are sky-high! But Flare Network co-founder Hugo Philion dropped a shocking take on the Paul Barron Podcast: "ETFs will be irrelevant in 5 years!"
Why?
Baby boomers and
#GENX , who control wealth today, prefer familiar products like ETFs, hence the demand for spot crypto ETFs. But younger generations prefer holding assets directly on blockchains. Philion says economic pressures – unfunded retirement liabilities, rising government debt, and financial uncertainty – will accelerate on-chain finance adoption.
According to him, the
#ETFs hype is short-sighted. The future is direct on-chain
#Ownership , not traditional wrappers. "The rejoicing around ETFs is hilarious, they’ll be irrelevant in 5 years," Philion said.