According to market research firm Kaiko, XRP exchange-traded funds (ETFs) are positioned to be the next products approved by the SEC, potentially ahead of those tracking other major altcoins like Dogecoin and Solana. This outlook is supported by XRP's high liquidity and a recent surge in trading volume on American exchanges. The approval of a 2x leveraged XRP ETF by U.S. asset manager Teucrium Investment Advisors earlier this month bolsters the case for a standard spot ETF. In contrast, digital asset products have recently seen significant outflows totaling $7.2 billion, causing concern among investors. However, Kaiko's Adam Morgan McCarthy argues that the presence of a highly levered ETF should facilitate the approval of less risky spot ETFs. Notably, multiple companies have filed applications for XRP-based funds, reflecting increased demand for crypto investment products. Following XRP, a Solana-based fund is also likely to gain regulatory approval soon. This news comes after a favorable ruling for Ripple in its longstanding SEC lawsuit, which positively affected XRP's market performance.

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