XRP ETF Seen as Potential Game-Changer by Leading CEO

The recent approval of Bitcoin and Ethereum ETFs has led many to believe that other altcoins will soon follow suit. This prediction is backed by the statements of Canary Capital CEO Steven McClurg, who predicts substantial inflows for XRP ETFs in the first month of potential approval. McClurg believes XRP’s market capitalization could rival that of Ethereum itself, even stating it could attract $5 billion in inflows within its first month and surpass ETH in value. He attributes this possibility to the SEC already approving XRP futures on platforms like Coinbase and CME. The CEO sees XRP ETFs as one of the strongest contenders for approval this year, alongside Litecoin, potentially including HBAR and Solana. Notably, McClurg believes these altcoins will likely receive approval sometime before the end of 2023. It’s important to remember that this is not investment advice.