🚀 SEC Approval for XRP ETF, Could Propel Price to $100! 🌐💹

As the spotlight shifts from Spot Bitcoin ETFs to potential XRP ETFs, Valkyrie's Chief Investment Officer, Steve McClurg, adds fuel to the excitement. In an interview with Bloomberg, McClurg shares insights into the growing anticipation for altcoin ETFs, particularly highlighting the possibility of Ripple's XRP being the next in line.

🔍 Key Points from McClurg's Interview:

Altcoin ETFs on the Horizon: With the recent SEC approval of Spot Bitcoin ETFs, McClurg anticipates a ripple effect, with altcoins like Ethereum potentially following suit. He suggests that Ethereum ETF filings may surge in the wake of Bitcoin's approval.

XRP ETF Potential: McClurg expresses optimism about the possibility of Ripple's XRP being approved for an ETF. In his words, "It wouldn't surprise me if we saw Ripple or Ethereum spot ETFs out there."

Valkyrie's Stance: While discussing the potential for an XRP ETF, McClurg clarifies that Valkyrie's involvement is uncertain. Despite their active role in Bitcoin and Ethereum ETFs, Valkyrie has yet to show explicit interest in XRP.

Crypto's Unpredictability: Acknowledging the unpredictability of the crypto market, McClurg emphasizes the challenge of foreseeing asset managers' interests. The market dynamics remain fluid, making it uncertain which assets will attract attention next.

📈 XRP Price Projection: Could $100 Be in Sight?

As discussions about a potential XRP ETF gain momentum, the crypto community speculates on the impact on XRP's price. While McClurg doesn't commit to Valkyrie's involvement, his optimistic outlook fuels speculation on the potential for a significant price surge, possibly reaching $100.

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