John Deaton: XRP ETFs Expected to Draw Surprising Inflows

Former US Senate candidate John E. Deaton predicts a surge in inflows for XRP-based Exchange Traded Funds (ETFs) once the Securities and Exchange Commission (SEC) approves them. Deaton highlights the increasing number of applications, with 15 filings alone aiming to launch various XRP ETFs. Notably, Amplify ETFs filed for an XRP Monthly Option Income ETF focused on generating steady income through trading strategies, instead of relying on volatile gains. Despite a long delay by the SEC in reviewing these applications, Deaton expresses confidence that these ETFs will attract significant investment once approved.