After Bitcoin and Etheruem received ETF approval from the SEC, it is expected that altcoins such as XRP, Solana and Litecoin (LTC) will also receive approval this year.
While the subsequent debate focuses on how much inflow the XRP ETF can attract, some analysts predict large inflows, while others predict weak inflows.
The final comment at this point came from Canary Capital CEO Steven McClurg, who also filed a spot XRP ETF application.
In a recent interview with Paul Barron’s, Steven McClurg stated that XRP ETFs could attract substantial inflows. The renowned CEO even argued that XRP could rival Ethereum’s market capitalization.
The famous CEO noted that the SEC is very likely to approve XRP ETFs because XRP futures are already offered on Coinbase and CME.
At this point, the famous CEO stated that XRP ETFs are one of the strongest candidates to receive approval and pointed to the end of the year at the latest.
Canary Capital CEO McClurg recently added that XRP is the most well-known cryptocurrency after Bitcoin in Wall Street and financial circles.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/famous-ceo-praises-this-altcoin-after-bitcoin-its-become-the-most-known-altcoin-on-wall-street-a-tough-rival-for-ethereum-is-coming/
