Discussions about a potential XRP Spot ETF continue to swell in the broader cryptocurrency community, even among well-known and top figures in the sector. As the fund awaits a decision from the US SEC, scheduled for October 2025, Ripple’s chairman believes there is a high probability that it will secure approval.
XRP ETFs Are Definitely Hitting The Market Soon
Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple Labs, has made a bold prediction about the XRP Spot Exchange-Traded Funds (ETFs). The CEO, offering his insights on the fund, declared that it will be approved by the US SEC and will be trading soon.
Garlinghouse highlighted his bullish sentiment toward the fund in an interview, featuring Yoni Assia, the CEO and founder of eToro, and Sam North, a market analyst at eToro. This bold statement from Garlinghouse is backed by the Bitcoin Spot ETFs, noting that despite facing consistent challenges from the US SEC, it still gained approval from the Commission.
Given the monumental introduction of BTC Spot ETFs, Brad Garlinghouse believes that an XRP ETF is inevitable. In his view, the funds represent the transition from speculative retail trading to institutional adoption.
According to the CEO, the XRP ETF getting approval from the US SEC is a great sign for the altcoin and the broader cryptocurrency ecosystem. The Ripple CEO’s comments are made as the race for supremacy in the upcoming wave of ETF offerings intensifies among digital assets.
Canary CEO Is Bullish On The Fund
While efforts are currently being made to secure approval for the fund, Steven McClurg, the CEO of Canary Capital, has forecasted that a potential XRP ETF could outperform Ethereum-based ETFs. In his bold remarks, the CEO has pointed out three crucial reasons or factors why the fund would be a superior fund to that of Ethereum.
The first key factor highlighted by the CEO was Staking, which he believes could limit ETH spot ETFs’ performance against XRP ETFs. According to McClurg, buying an ETH ETF is less reasonable given that market players can purchase Ethereum off-chain and on-chain and still yield notable profits.
As a result, he has declared XRP ETF to be superior since the altcoin does not allow staking, stating “investors are not losing out on anything,” even if it is on an exchange or ETF.
McClurg’s second reason is the distinction in category leadership as Ethereum faces significant competition in its category compared to XRP, making it much more complex for market participants to understand. This development reinforces XRP’s position as a true leader, which is likely to cause market players to choose the asset over ETH.
Lastly, McClurg has proclaimed that the fund could experience substantial demand over Ethereum ETFs once it is launched. This huge demand will likely be driven by its robust community and the wide range of enthusiasts pushing for the fund.
Addressing inflows, McClurg has predicted that the fund is poised to attract a $5 billion capital inflow in the first month after inception. Considering all these factors, there is a high probability that the fund would outshine its ETH counterpart.