XRP News Today: XRP ETFs Redirect Crypto Attention from Speculation to Practical Financial Use
- Grayscale and Franklin Templeton launch XRP and Dogecoin ETFs on Nov. 24, offering regulated access via traditional brokers. - SEC's Project Crypto streamlines altcoin ETF approvals, with XRP's cross-border payment utility and institutional adoption highlighted over Bitcoin's speculative appeal. - XRP ETFs aim to stabilize price volatility through institutional demand and deflationary mechanisms, though risks like supply concentration and regulatory scrutiny persist. - SMEs and fintechs gain cost-effecti
The U.S. crypto sector is experiencing a major shift as spot ETFs for
Franklin Templeton CEO Jenny Johnson has called XRP the "industry standard" for blockchain-based financial systems, stating that its effectiveness in cross-border payments and institutional uptake surpasses Bitcoin’s speculative nature. Analyst Levi Rietveld quoted Johnson as saying
The regulatory landscape is becoming more supportive of altcoin ETFs, with the SEC’s "Project Crypto" making the approval process more efficient. Bitwise and 21Shares have recently introduced their own XRP ETFs, joining other issuers like Grayscale, Canary Capital, and REX Shares. These offerings indicate a maturing market, with XRP’s $213 billion market cap and rising institutional interest making it a strong contender against
For SMEs and fintech innovators, these ETFs create fresh possibilities. Greater liquidity and regulatory certainty—especially under frameworks like the EU’s MiCA—could make XRP an affordable solution for international payments and payroll. At the same time, institutional investors now have access to a market that was previously off-limits due to regulatory ambiguity
As the XRP ETF sector grows, attention will turn to sustained adoption and the market’s ability to withstand shocks. With several issuers competing for dominance, the environment resembles the Bitcoin ETF boom of 2024, where early investments led to rapid price increases. However, given today’s economic backdrop—including a 25% drop in Bitcoin and widespread crypto outflows—XRP’s ETF performance will likely hinge on its capacity to deliver real-world utility rather than just speculative gains
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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