The Potential of XRP and ADA ETFs: Bloomberg Decodes the Next Steps of the Cryptocurrency Market 🚀

The cryptocurrency ETF market is witnessing significant shifts, no longer just centered around Bitcoin and Ethereum, but also moving towards promising altcoins. Analysts, including experts from Bloomberg, believe that XRP and ADA could be the next choices for ETF products, based on factors such as futures market, liquidity, and general listing standards.

According to James Seyffart, Bloomberg's ETF analyst, several tokens have met the criteria to be considered for the launch of ETFs. Alongside major names like Chainlink (LINK), Stellar (XLM), Bitcoin Cash (BCH), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB), XRP and ADA stand out due to the futures market and relatively high liquidity.

Although the U.S. Securities and Exchange Commission (SEC) has delayed its decision on approving XRP ETF filings, demand from the market remains significant. Data from CME Group shows that XRP futures contracts have exceeded 1 billion USD, and ETF funds based on XRP futures have attracted over 800 million USD, demonstrating their appeal to institutional investors. Experts and betting platforms assess the likelihood of XRP ETF approval in 2025 to be very high, estimated between 82% and 95%.

The deployment of Ethereum ETFs has provided important lessons. Following the success of Bitcoin ETFs, Ethereum products launched in a less active market environment. One reason is believed to be the timing of the launch and the staking feature of Ethereum not being integrated into traditional ETFs.