Is an XRP ETF Coming in 2025? Public Opinions Diverge
XRP ETF on the Radar: Community Weighs In
With the recent approval of spot Ethereum ETFs by the SEC, speculation is rife about the potential for similar investment options for other cryptocurrencies. Among the contenders, XRP has caught the attention, with discussions swirling around the possibility of a U.S.-based XRP exchange-traded fund making its debut in 2025.
"Why would XRP holders want that?" queries Bill Morgan (@Belisarius2020) on May 25, 2024.
Yet, opinions within the XRP community are split. A recent poll on social media unveiled the divide, with 66.1% of respondents anticipating an XRP ETF next year, while 33.9% remain doubtful.
Enthusiasts within the community envision an XRP ETF as a catalyst for heightened institutional investment and broader token adoption. They argue that such a move could inject fresh momentum into XRP's market dynamics.
However, skeptics, like vocal critic Bill Morgan, pose probing questions. They challenge the necessity of an ETF for XRP, advocating instead for the token's value to be rooted in utility and its role as a global currency, rather than relying on institutional backing.
This division reflects broader debates within the XRP community about the token's future path. While some see potential benefits in an ETF, others contend that it diverges from XRP's core purpose as a freely tradable global asset.
As discussions unfold, the pivotal question remains: Will 2025 usher in an XRP ETF, and does such a development truly align with XRP's intrinsic value proposition?
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