#XRPETF #XRPETF News about the launch of XRPH11 — the world's first spot ETF on XRP in Brazil, as well as the launch of XRP futures by CME Group — is undoubtedly a significant step for the integration of XRP into the institutional market.

These events strengthen the legitimacy of XRP on the global stage and create a strong foundation for the growth of its market capitalization. The ETF provides investors with a convenient and regulated way to gain exposure to XRP, while futures offer hedging and liquidity mechanisms.

However, can XRP challenge Bitcoin and Ethereum in the long term? In my opinion, it is unlikely. Although the XRP technology is focused on fast and cheap transactions, its network effect significantly lags behind BTC and ETH. Furthermore, the legal risks for XRP have not been fully resolved yet.

Thus, I see XRP as a promising institutional asset, especially in the area of cross-border payments, but not a direct competitor to Bitcoin or Ethereum as the main pillars of the crypto economy.

$XRP