XRP ETF Promises to Outperform Ethereum ETF Achievements
After the official conclusion of the legal proceedings between Ripple and the SEC on August 8, the likelihood of the U.S. Securities and Exchange Commission (SEC) approving an XRP ETF briefly rose to nearly 90%. Bloomberg analysts, for their part, cite a figure of 95%.
According to experts, if the XRP ETF is approved, it could surpass the new Ethereum-based ETF. Stephen McClurg, CEO of Canary Capital, believes this could happen for three key reasons:
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XRP has no staking-related drawbacks
Ethereum allows investors to earn 2–3% annually by staking their coins on exchanges or blockchain platforms. This means that experienced investors may have little reason to buy an ETH ETF, as directly holding ETH can generate additional income.
XRP does not offer staking rewards, so buying an XRP ETF comes with no opportunity cost.
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XRP is a clear leader in its category
McClurg explained that XRP holds a dominant position in the niche of fast and low-cost cross-border payments. While Ethereum faces strong competition from other smart contract platforms — Solana, Cardano, and Avalanche — XRP has far fewer direct competitors in its core area of application.
Ripple continually improves its technology and maintains leadership in the payments sector, which could attract institutional investors seeking the clear market leader.
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The XRP Army: a powerful and loyal community
The XRP community is one of the most loyal and active in the crypto space. This extensive base of retail and institutional supporters could lead to significant capital inflows into the ETF immediately after launch. McClurg predicts that the XRP ETF could attract up to $5 billion in its first month, potentially exceeding the early performance of ETH ETFs.
I am absolutely confident that an XRP-based ETF will appear this year. Of course, I would never give a 100% guarantee, as anything can happen. But I sincerely believe it will happen this year, — the CEO noted.
See also: "Bitcoin Price Today: Falls to $118.6K Amid Caution Ahead of CPI Data"
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