With final deadlines from the SEC approaching, experts are discussing the potential for XRP ETF to attract mass inflows in the crypto industry.
Why XRP Could Outperform Bitcoin and Ethereum
Dominic Kwok, co-founder of blockchain education platform EasyA, stated in an interview on the Paul Barron Podcast that XRP's widespread global distribution and high liquidity enable it to attract customer interest. He noted that the higher nominal prices of Bitcoin and Ethereum may deter smaller retail investors, while XRP's lower cost makes it more accessible for first-time ETF buyers.
SEC Deadlines Draw Closer
The U.S. Securities and Exchange Commission (SEC) has set October as the deadline for several pending XRP ETF filings, including those from 21Shares, Grayscale, Bitwise, CoinShares, and Canary Capital. A key date is October 19, while Cboe BZX’s proposal to list WisdomTree’s XRP ETF has a separate deadline of October 24.
Market Expectations for Cryptocurrencies
XRP futures markets indicate enthusiasm; open interest recently crossed $1 billion—the fastest growth for any crypto futures product. Over $800 million is already tied up in futures-based XRP ETFs. Considering the current number of ETF filings, analysts anticipate XRP could attract billions in inflows immediately after approval.
If the SEC grants approval, it would mark a significant event for XRP and could dramatically change capital flows in the crypto industry.