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Aaanyways... where was I?..
Oh, yeah, XRP's pumping.
That happened because multiple XRP spot ETFs launched on major US stock exchanges.
👉 Canary Capital was first out of the gate on Nov 13;
👉 Bitwise followed on Nov 20;
👉 Franklin Templeton and Grayscale dropped theirs on Nov 24.
Now, think of ETFs as the bridge between two worlds:
World 1: crypto exchanges, memes, private keys, self-custody;
World 2: retirement accounts, wealth managers, your dad's Fidelity login.
Until now, XRP mostly lived in World 1.
These ETFs basically built a legal, SEC-blessed tunnel straight into World 2 - a world that controls trillions of dollars.
So once that tunnel opened, a whole lotta money started coming through: hundreds of millions of dollars flowed into these funds within days.
And when that happens, the ETF has to go out and buy real XRP to back all that investor money. Which they did.
And sure, there are angles worth keeping in mind:
👉 Will the hype cool off? Maybe.
👉 Will institutions move slowly and carefully? Definitely.
👉 Does this eliminate risk or volatility? Absolutely not.
But it does something more subtle: it normalizes XRP.
Which is a lot. Crypto doesn't go mainstream by becoming safer; it goes mainstream by becoming familiar.
And these XRP ETFs bring the kind of comfort that could make millions of regular people say, "Oh... if it's on the stock market, I can handle that."
Let's just hope they actually do 👀
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