Canary Capital CEO Reveals When XRP ETFs Will Be Approved in America
The big question on everyone’s mind right now: When will the XRP ETF be approved? On prediction platform Polymarket, traders are putting the odds at around 86%. The hype is growing, and insiders say the pieces are finally lining up for XRP to join Bitcoin and Ethereum in the ETF market.
Why Everyone’s Talking About It
According to Bloomberg’s ETF analysts, the SEC is reviewing what’s called a “generic listing standard.” That’s basically a set of rules that could make it easier for crypto ETFs to get approved. The rule of thumb? If a coin already has futures listed on a big exchange like Coinbase, chances are good it could get an ETF as soon as 2025.
Steven McClurg from Canary Capital recently shared his thoughts, admitting that regulators hold the final say but pointing out that XRP looks like one of the stronger candidates.
In an interview with Paul Barron, he said, “If I had to guess I would guess that XRP would probably be this year along with...