XRP Futures ETF Lands on Nasdaq, Has the Door to Traditional Finance Finally Opened to Crypto Assets?
The XRP Futures ETF has officially landed on Nasdaq, marking a key step towards the 'institutionalization' of the crypto space. Ripple CEO Garlinghouse has also rarely stated, 'Crypto ETFs are game changers.'
Why are institutions rushing to position themselves in ETFs? He pointed out two reasons:
1️⃣ It solves the pain point of traditional funds being unable to directly access crypto assets. The past was fraught with custody issues, but now one ETF can handle it all.
2️⃣ The Bitcoin ETF launched just a few months ago, and assets have skyrocketed to over $10 billion, with unprecedented growth rates. This is not short-term speculation; it is a shift in financial paradigms.
Although the SEC in the beautiful country is still delaying the XRP spot ETF, Volatility Shares' XRP Futures ETF (XRPI) has become a major experimental field for the institutionalization of crypto.
Can XRP replicate the 'ETF myth' of BTC?
Or is this just a liquidity feast orchestrated by Wall Street?
