Analyst: If XRP ETF is approved, it may bring in $800 million in funds in the first week
2025-02-19 12:18:06
Odaily News Luca Sorlini, head of product at virtual asset service provider Northstake, said that once the XRP ETF is approved, the reasonable range of capital inflows in the first week will be between $400 million and $800 million. Luca Sorlini said his prediction depends on various factors, including overall market conditions, the number of competing ETFs that will be launched at the same time if they are approved at the same time, and more importantly, institutional interest in the issuance. Gabe Selby, head of research at crypto index provider CF Benchmarks, made a similar prediction, saying that the XRP ETF could bring "nine-digit" positive inflows. (ibtimes)
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