Optimism is running out among XRP supporters, since the CEO of Canary Capital, Steve McClurg, said that the long -awaited XRP Spot ETF could see tickets of $ 5 billion in its first month.
His comments, shared during a Friday interview, highlighted their belief that the funds would even exceed Ethereum ETF, which until now have fought to attract money from institutional investors.
ETFS ETFS fights while XRP develops optimism
Bitcoin’s debut in the ETF market brought $ 1.5 billion in net tickets in January 2024, according to Sososaliue data. For February 12, only one month later, the total had increased to $ 3.30 billion.
Ethereum’s numbers, however, told a different story. The reports revealed that the ETFS Ethereum Spot registered an exit of $ 480 million in July 2024 and then lost another $ 5.60 million a month later.
CEO of Canary Capital says $ XRP The ETF can make $ 5 billion in the first month and can exceed $ Eth of pure financial services
Full interview
https://t.co/s2bfb7f9mk#xrparmy #vibe #XRPCommunch #Xrp pic.twitter.com/aqrgesnjiz – Paul Barron Network (@Paulbarrontv) August 29, 2025
A great reason was linked to money leaving the Ethereum Trust (Ethe) gray scale. In this context, McClurg argued that XRP’s position in the market gives him a greater opportunity for instant success.
He pointed out that after Bitcoin, XRP is still the most recognized file among Wall Street investors. According to him, this recognition, together with the demand of his loyal community often called “XRP army”, will feed the immediate adoption of the ETF.
Probabilities qualification of an ETF XRP in 2025
The reports have shown a growing confidence that an ETF XRP will be approved this year. Analysts said that launch probabilities in 2025 increased from 80% to 85%, a minor change but still.
McClurg agreed with this feeling and mentioned that other cryptocurrencies such as Solana, Litecoin and Hbar can also obtain the approval of the ETF before the end of the year. He added that XRP Futures who is now available adds weight to his possibilities to advance.
According to McClurg, XRP has an advantage over Ethereum from the point of view of pure financial services. Unlike Ethereum, which is largely built around intelligent contracts and decentralized applications, XRP is directly linked to cross -border settlements.
He suggested that case of use, facilitates that the main players of Wall Street understand and support, especially through regulated investment vehicles.
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