Market interest in XRP exchange-traded funds (ETF) is accelerating, as evidenced by the recent approval of the XRP ETF (Ticker: XR) issued by 21Shares by the Chicago Board Options Exchange (Cboe). Ripple CEO Brad Garlinghouse pointed out that the assets of these ETFs surpassed $1 billion in just 17 days, a speed that surprised industry insiders. Analyst Mickle predicts that if current capital inflows continue, the XRP ETF could reach $10 billion in size within a year. He believes these ETFs provide a new liquidity channel for institutional investors, reducing trading friction and helping to improve XRP's price stability and trading volume.
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Market interest in XRP exchange-traded funds (ETF) is accelerating, as evidenced by the recent approval of the XRP ETF (Ticker: XR) issued by 21Shares by the Chicago Board Options Exchange (Cboe). Ripple CEO Brad Garlinghouse pointed out that the assets of these ETFs surpassed $1 billion in just 17 days, a speed that surprised industry insiders. Analyst Mickle predicts that if current capital inflows continue, the XRP ETF could reach $10 billion in size within a year. He believes these ETFs provide a new liquidity channel for institutional investors, reducing trading friction and helping to improve XRP's price stability and trading volume.