Assessment of the growth trend of XRP in the cryptocurrency field
Strong growth momentum from major institutional investors
The growth trend of XRP is gradually forming as reputable institutional investors begin to show new confidence in the potential of this cryptocurrency. Aiming to become a top candidate for cryptocurrency ETFs under the SEC's guidance, which is expected to make a decision in the second half of 2025, XRP has stood out as one of the most promising options. Market attention is not only focused on the potential for price increases but also on the ability to develop strong infrastructure and community support for this coin. This potential has fostered a positive sentiment among investors and large funds.
Announcement from leading experts on cryptocurrency
At a major seminar in Las Vegas, the CEO of Teucrium ETF, Mr. Sal Gilbertie, stated that the XRP community and Ripple's role in the cryptocurrency landscape are still undervalued by major institutions. According to him, Wall Street is overlooking the strength of this cryptocurrency community and Ripple's potential in shaping the future of digital finance. His predictions are much more optimistic than those of traditional analysts.
Assessing the potential of the XRP ETF fund in the financial market
Market predictions exceed expectations
In his prediction, Mr. Gilbertie mentioned that capital flows into the XRP ETF could exceed 8 billion USD in the first year, much higher than JP Morgan's estimate of 4-8 billion USD. He emphasized that the community and Ripple still have significant potential, and the flow might expand even further. Additionally, XRP is rated by Teucrium experts as the cryptocurrency with the 'highest utility' among existing projects.
Market reactions and responses from ETF funds
Teucrium's 2x leveraged XRP ETF has recorded a strong resurgence, achieving 5 million USD in trading volume on the first day, ranking in the top 5% of newly launched ETFs. In just 7 weeks, the fund has attracted a total of 122 million USD in capital flow. This success demonstrates the market's large absorption capacity while paving the way for other ETFs targeting XRP in the near future.
The probability of XRP ETF approval is increasing
Approval prediction rates exceed expectations
According to predictions from the Polymarket platform, the likelihood of XRP being approved for an ETF this year has increased to 90%, up from 70% a few weeks ago. This rate has currently stabilized at 88%, indicating a clear positivity from investors and market predictions. Bloomberg experts suggest that if XRP ETFs attract more than 85 million USD in the first week of sales, it will be considered an initial success.
Future trends of the cryptocurrency ETF market
In the context of the SEC expected to make a final decision by the end of 2025, major names like Grayscale, VanEck, Bitwise, and Canary Capital have prepared plans to expedite the approval process. According to analyses, the likelihood of XRP being approved is 85%, along with other popular cryptocurrencies such as Solana and Litecoin. Experts predict that an 'Altcoin ETF Summer' could soon become a reality.
Breakthrough program in Canada in the field of cryptocurrency ETFs
The pioneering role of the Canadian market
While the United States is still delaying, Canada has taken the lead in the development trend of cryptocurrency ETFs. Companies like Purpose Investments, 3iQ, and Evolve have quickly received approval from the Ontario Securities Commission to launch XRP ETF funds. This success has set a positive precedent, clearly demonstrating the readiness of the North American financial market for cryptocurrency-based investment products, with XRP seen as the focal point of this new wave.
Source: https://tintucbitcoin.com/ceo-teucrium-du-doan-nhu-cau-xrp-etf-vuot-58-trieu-usd/
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