XRP ETF Launch Could See $5-B Inflows, Outpacing Ethereum ETFs: CEO

Source Newsbtc

Optimism is running high among supporters of XRP as Canary Capital CEO Steve McClurg claimed that the long-awaited XRP spot ETFs could see inflows of $5 billion in their first month.

His comments, shared during a Friday interview, highlighted his belief that the funds would even outperform Ethereum ETFs, which have so far struggled to attract money from institutional investors.

Ethereum ETFs Struggle While XRP Builds Optimism

Bitcoin’s debut in the ETF market brought in $1.5 billion in net inflows in January 2024, according to Sosovaliue data. By February 12, just one month later, the total had climbed to $3.30 billion.

Ethereum’s numbers, however, told a different story. Reports disclosed that the Ethereum spot ETFs recorded an outflow of $480 million in July 2024 and then lost another $5.60 million one month later.

A big reason was tied to money leaving the Grayscale Ethereum Trust (ETHE). Against this backdrop, McClurg argued that XRP’s position in the market gives it a stronger chance at instant success.

He pointed out that after Bitcoin, XRP remains the most recognized token among Wall Street investors. According to him, this recognition, along with demand from its loyal community often called the “XRP Army,” will fuel immediate ETF adoption.

Rising Odds Of An XRP ETF In 2025

Reports have shown increasing confidence that an XRP ETF will be approved this year. Analysts said odds for a launch in 2025 rose from 80% to 85%, a minor shift but still an upward one.

McClurg agreed with this sentiment and mentioned that other cryptocurrencies such as Solana, Litecoin, and HBAR may also get ETF approval before the year ends. He added that XRP futures already being available adds weight to its chances of moving forward.

According to McClurg, XRP has an advantage over Ethereum from a pure financial services standpoint. Unlike Ethereum, which is built largely around smart contracts and decentralized apps, XRP is tied directly to payments and cross-border settlements.

That use case, he suggested, makes it easier for Wall Street’s major players to understand and support, especially through regulated investment vehicles.

Featured image from Unsplash, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum (ETH) Price Closes Above $3,900 — Is a New All-Time High Possible Before 2024 Ends?Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
Author  Beincrypto
Dec 17, 2024
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
placeholder
Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Author  Mitrade
Dec 19, 2025
Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
placeholder
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Author  Mitrade
Dec 26, 2025
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
placeholder
Gold rises as safe-haven demand increases on Iran warGold price (XAU/USD) extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East.
Author  FXStreet
Mar 05, Thu
Gold price (XAU/USD) extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East.
placeholder
Gold slumps below $5,100 as US Dollar gainsGold price (XAU/USD) tumbles to near $5,085 during the early Asian session on Friday. The precious metal loses ground amid a stronger US Dollar (USD). The US employment report for February will take center stage later on Friday. 
Author  FXStreet
Yesterday 01: 32
Gold price (XAU/USD) tumbles to near $5,085 during the early Asian session on Friday. The precious metal loses ground amid a stronger US Dollar (USD). The US employment report for February will take center stage later on Friday. 
goTop
quote