$XRPUSDT
XRP could double its share in the ETF market, says industry veteran Stephen McClerg, CEO of Canary Capital.
According to him, XRP and Ethereum could reach a 6% share of the ETF market soon, as institutional interest grows and their role as financial instruments is better understood.
🔍 Key takeaways:
- Ripple has strengthened global partnerships and is now able to compete with traditional systems like Fedwire.
- Investors are increasingly choosing ETFs for their simplicity and transparency, but there remains interest in companies holding XRP directly.
McClerg expects a new XRP maximum this year, although not an absolute historical peak.
💬 He also noted that in the upcoming alt season, the growth potential is higher for new tokens like SUI, Injective, and Axelar than for 'veterans' like Solana or ETH.
📌 Conclusion: XRP remains a strong player in the race for financial innovations.
The rise of institutional interest and possible regulatory changes could benefit XRP in 2025.