👀 The SEC just approved an $XRP ETF? Yes But it’s not what many people think 🤦
It’s not a Spot ETF.
It’s a Futures ETF.
The difference?
A Spot ETF buys and holds real XRP, creating real demand. A Futures ETF only bets on XRP’s price without touching a single real token.
What does this mean for XRP?
• No actual buying pressure on XRP supply.
• Potential for higher price volatility.
• Futures involve hidden costs and inefficiencies (like rollovers, slippage, and management fees).
Brutal conclusion:
Yes, it’s an important milestone.
Yes, it increases XRP’s legitimacy.
But it’s NOT the silver bullet that will trigger mass adoption or massive price action.