#XRPETF

XRP has always been a highly controversial yet promising project in the crypto market. Its speed and cost advantages in cross-border payments give it wide application possibilities among traditional financial institutions. Now, with official index and futures support, XRP further enhances its legitimacy and market liquidity, laying a solid foundation for future large-scale adoption.

As for whether it can challenge Bitcoin and Ethereum? I think it is unrealistic to replace their status in the short term. After all, Bitcoin, as digital gold, has an irreplaceable role as a value store; Ethereum is the center of smart contracts and the DeFi ecosystem. However, from the perspective of the cross-border payment market and financial institution applications, XRP definitely has the opportunity to carve out its own vast domain and become an important asset among the top market capitalizations.