XRP ETF Incoming? Lawyer John Deaton Sees Clear Signals

BitGo, a well-known provider of cryptocurrency custody and OTC trading services, has announced a strategic partnership with VivoPower. As part of the collaboration, VivoPower plans to purchase $100 million worth of XRP tokens via BitGo’s exclusive OTC trading desk. This move is part of the company’s new financial strategy following a recent $121 million funding round.

💼 XRP as the New Corporate Standard? This major investment marks one of the first public instances of a company allocating a significant portion of its finances into XRP. It’s a similar model to what MicroStrategy did with Bitcoin, by holding crypto assets as part of its treasury. The goal is to diversify reserves and take advantage of the growing digital asset market.

🧠 John Deaton: XRP ETF Is Only a Matter of Time Renowned lawyer and XRP advocate John Deaton responded to the news, viewing VivoPower’s move as part of a broader trend. He recalled that after the long-awaited approval of the Bitcoin Spot ETF, he had predicted ETFs for other cryptocurrencies like ETH, SOL, and XRP would follow. According to Deaton, Wall Street will naturally seek to replicate the success of BTC ETFs with other digital assets—especially since Bitcoin ETFs have already become some of the best-performing ETFs in history.

🏦 Crypto as Corporate Treasury: A Spreading Model Deaton also pointed out how Michael Saylor and MicroStrategy set a precedent by turning Bitcoin into a corporate treasury asset. He believes more companies will eventually follow suit—but using different cryptocurrencies, such as XRP. The VivoPower investment is, according to him, the first real sign of this trend reaching altcoins.

💸 Wall Street Leads the Shift, Regulation Follows Deaton emphasized that financial incentives often precede laws and public sentiment. He doesn’t necessarily praise the trend, but highlights that greed and profit-driven motives are often the driving force behind innovation. When big money starts flowing into altcoins, it's just a matter of time before other companies follow—and the market adapts.

🔍 Summary: XRP Could Become the "Corporate Bitcoin" The BitGo–VivoPower partnership might spark a new trend, positioning XRP not just as a retail investor token, but as a serious financial instrument for companies and funds. And if an XRP ETF becomes reality, it could be a milestone moment for the entire altcoin sector.

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