"Talk of a spot XRP (XRP) exchange-traded fund (ETF) has shifted from Crypto Twitter to real trading desks. Two factors are driving it. First, ETF specialists Nate Geraci and Bitwise chief investment officer Matt Hougan say the market is underestimating demand for a spot XRP ETF. Geraci has warned that investors are severely underestimating the flows, and Hougan has said the fund could reach about $1 billion in assets within its first few months of trading."
"A spot XRP ETF would hold XRP with a qualified custodian and issue shares that track the fund's net asset value through the standard creation and redemption process. This structure matters because it allows XRP exposure within brokerage accounts, adviser model portfolios and retirement platforms, offering familiar reporting and tax treatment. It's different from a futures-based product, which tracks derivatives rather than the asset itself and can diverge from spot prices."
"Second, the US market infrastructure for spot crypto funds has evolved. The Securities and Exchange Commission (SEC) has adopted generic listing standards that shorten the approval path for certain spot crypto ETFs, and exchanges have already begun listing altcoin products under the new framework. None of this guarantees an XRP approval, but it explains why the conversation has turned serious."
Talk of a spot XRP exchange-traded fund has migrated from social media to institutional trading desks as analysts project strong initial demand. ETF specialists warn investors are underestimating flows, and some forecasts place assets near $1 billion within the first months. The US market infrastructure has changed after the SEC adopted generic listing standards, shortening the approval path and enabling exchanges to list altcoin spot products under a uniform framework. A spot XRP ETF would hold XRP with a qualified custodian, issue shares tracking net asset value, and provide XRP exposure in brokerage, adviser model, and retirement accounts with standard reporting and tax treatment.
Read at cointelegraph.com
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