Well, I’ll be hornswoggled! According to them fancy-pants analytics fellers at
Kaiko, XRP, that there digital doohickey, is fixin’ to be the next altcoin to
get itself one of them exchange-traded fund contraptions (ETFs) in these here
United States.
🤪
Now, these Kaiko folks reckon that XRP and SOL are standin’ out like a sore
thumb as the most probable candidates to get hitched to such a product.
🧐
At first blush, it might appear as though SOL has a leg up on that
Ripple-affiliated token, XRP.
As reported by U.Today, that mutual fund leviathan, Fidelity, done jumped into
the Solana ETF rodeo last year. Furthermore, the CME rolled out regulated SOL
futures all throughout the month, which was hailed as a significant milestone
for the altcoin.
However, Kaiko chirps that XRP might just have the upper hand on account of its
soaring market depth, which has now outstripped that of SOL. Seems like XRP is
showin’ off, just a bit.
😏
Following that hullabaloo that took place in the fourth quarter of 2024, the
token’s spot volume has now increased something fierce.
Moreover, the first leveraged XRP ETF successfully launched in the U.S. in
April. Imagine that, folks! They’re makin’ money off of makin’ money!
💰
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2025-04-15 18:17