CEO of Canary Capital, Steven McClurg believes that the XRP ETF will outperform the Ethereum ETF because XRP does not offer staking rewards, meaning ETF investors will not lose this potential yield, making the XRP ETF more attractive, especially for crypto investors.
The U.S. Securities and Exchange Commission (SEC) has officially ended its lawsuit against Ripple, increasing optimism for the XRP ETF. The prediction platform Polymarket now estimates a 95% chance of XRP ETF approval in 2025, up 53% from last week. McClurg is very confident that the XRP ETF will launch this year.