The "XRP ETFs" buzz has Ripple enthusiasts and cryptocurrency investors on the edge of their seats. If approved, an exchange-traded fund against XRP could entice traditional investing into a traditional investment vehicle, opening the market for institutional investors who have been waiting on the sidelines. For XRP holders, this is a form of affirmation that Ripple's mission of fast and cheap cross-border payments has gained traction in the mainstream.and if nothing else, this has brought XRP back in conversations for subtle investors in the last month.
That said, I can't help but think that we are getting ahead of ourselves a bit. While ETFs conveniently make investing more accessible to the everyday investor, they are risky at best and unreal for the most part. The pending regulation is an unknown, and that is compounded by the uncertainty of Ripple's ongoing legal travails against the SEC. Can it improve XRP's notoriety or will it leave investors with inflated expectations but nothing to show for it in the end?
I am cautiously optimistic. However, I am also realistic that corporations don't always share the same framework as decentralization. Will corporate investment hold long-term believers and enthusiasts or will it leave dissappointment, as has been experienced in the past?
As exciting as this news is, don't let your FOMO become the basis of your investments. Stay informed, stay realistic, and always do your own research (DYOR)!
