9 More XRP ETFs Launch This Week: Can They Save the Price?
Briefly

9 More XRP ETFs Launch This Week: Can They Save the Price?
"Nine new XRP ( ) ETFs are launching across major U.S. exchanges this week. That's right, nine in a single week. This rapid rollout marks a major shift for institutional access to XRP and shows just how aggressively issuers are jumping into the market. Here's the thing though: all this excitement comes while XRP's price keeps sliding, even as record inflows start building. That gap between strong institutional demand and weak spot-market performance raises the real question."
"Nine launching within days shows institutional interest XRP's never seen before. The rollout is faster and broader than what Bitcoin or Ethereum got, and it shows how quickly major issuers think demand can build. Analysts expect these products to attract between $4 billion and $8 billion in their first year. Some forecasts put $5 billion coming in the first month alone. Those figures would pull a meaningful chunk of circulating supply into long-term holdings, tightening available liquidity."
"The approvals also settle a question that's been hanging around for years. How do regulators actually view XRP? A coordinated launch of this size makes it pretty clear the SEC's comfortable with XRP's commodity status and with the current custody and liquidity infrastructure supporting it. Institutions now get a simple way to add XRP exposure without the operational headaches of buying and storing the asset directly. Early inflows, including Canary's strong debut, show capital's lining up even if it hasn't pushed spot prices higher yet."
Nine new XRP ETFs are launching across major U.S. exchanges within days, an accelerated rollout that exceeded the pace seen with Bitcoin or Ethereum. Analysts forecast between $4 and $8 billion in inflows during the first year, with some estimates of $5 billion in the first month, which would pull a meaningful portion of circulating supply into long-term holdings and tighten liquidity. The coordinated approvals indicate regulatory comfort with XRP's commodity status and custody infrastructure. Institutions gain a simple way to obtain XRP exposure without direct custody. Early inflows, including Canary's strong debut, show capital interest even as spot prices slide.
Read at 24/7 Wall St.
Unable to calculate read time
[
|
]