Spot XRP ETFs go outrun Ethereum ETFs, na by Canary Capital CEO talk
Canary Capital CEO Steven McClurg talk say spot XRP ETFs go start with stronger demand pass Ethereum ETFs. E talk say XRP no get staking yield mean say e no get one big wahala for ETF investors, unlike ETH wen dey give 2–3% staking yield. McClurg also put XRP as leader for traditional cross-border payments and institutional settlement, wey different from Ethereum wey get old and competitive protocol. E talk say XRP ETF fit get up to $5 billion inflows inside e first month, wey go pass how Ethereum ETF start. E believe say XRP ETF go get approval later dis year, becos of new generic listing standards from Nasdaq, NYSE and Cboe wey dey need six months futures market — XRP soon go reach dat. E talk say dis centralization fit match wetin institutions need for compliance and e fit make ETF adoption quick.
Bullish
Steven McClurg optimistic forecast for spot XRP ETFs dey bullish for XRP market. Historically, approval of ETFs—like Bitcoin ones—dey bring plenty institutional money enter market and price go up. By showing say XRP no get staking-yield wahala, e dey lead for cross-border payments, and e align with current financial rules, this news fit make investors prefer XRP ETFs over Ethereum ETFs. The $5 billion inflow expected for first month show say demand strong well-well, fit boost XRP price and trading volume. Short term, waiting for ETF approval and new general listing rules fit make people buy speculative. Long term, if XRP ETF go succeed, e fit increase investor base, make liquidity strong and keep price movement upwards, confirming bullish outlook.