@zion08
On Wednesday, Bitwise’s Chief Investment Officer Matt Hougan told Pedro Solimano that an XRP ETF could “easily become” a billion-dollar fund within its first handful of months.
Steven McClurg, CEO of Canary Capital, which is expected to launch its XRP ETF in mid-November, is even more bullish. In August, he predicted investors will pour up to $5 billion into XRP ETFs within their first month of trading.
That’s just a fraction of the $3.2 billion Bitcoin ETFs drew during their first month of trading, according to SoSoValue. Still, those predictions highlight the giddiness around altcoin ETFs.
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