CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-06-20 10:48:58

Ripple News: Teucrium CEO Says XRP ETF Demand Could Top $8 Billion

The post Ripple News: Teucrium CEO Says XRP ETF Demand Could Top $8 Billion appeared first on Coinpedia Fintech News Momentum is building around XRP as major institutional players show growing confidence in its growth prospects, both as a crypto asset and as a top ETF candidate. With the SEC set to decide on spot crypto ETFs in the second half of 2025, XRP is emerging as one of the leading contenders. At XRP Las Vegas 2025 , Teucrium ETFs CEO Sal Gilbertie said that Wall Street is seriously underestimating the strength of the XRP community and Ripple’s role in shaping the future of crypto. Is Wall Street Underestimating XRP and Ripple? While JP Morgan estimates $4–8 billion in inflows for spot XRP ETFs in their first year, Gilbertie is far more bullish: “I’d say $8 billion or maybe way more. They’re underestimating the XRP community and Ripple,” he said. In a separate interview with Bloomberg, Gilbertie had also called XRP the crypto asset with “the most utility,” setting it apart from others in the space. Teucrium’s 2x leveraged XRP ETF launched strong with $5 million in trading volume on day one. According to Bloomberg ETF analyst Eric Balchunas, this placed it in the top 5% of all ETF launches. In just 7 weeks, the fund attracted $122 million. XRP ETF Approval Odds Soar to 90% The odds of an XRP ETF approval this year have surged to 90% on the Polymarket prediction platform, up from just 70% a few weeks ago. The odds are currently sitting at 88% as of today. Bloomberg analyst James Seyffart says that if new XRP ETFs attract more than $85 million in their first week, it would be considered a “relative success.” He explained that XRP’s spot market is about 7.5% the size of Bitcoin’s. So, if XRP ETFs hit 7.5% of Bitcoin ETF launch numbers, it would be a strong start. For the unversed, Bitcoin ETFs saw $14 billion in volume and $1.13 billion in flows at launch. The SEC is expected to announce ETF decisions in late 2025, with major players like Grayscale, VanEck, Bitwise, and Canary Capital leading the charge. Bloomberg places XRP’s ETF approval odds at 85%, alongside other strong players like Solana and Litecoin. “Get ready for a potential Alt Coin ETF Summer,” Balchunas posted recently on X. Canada Sets the Pace While the US regulators delay, Canada is already leading the way. Firms like Purpose Investments, 3iQ, and Evolve have recently launched XRP ETFs with approval from the Ontario Securities Commission.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.