XRP’s 95% Approval Rate—A Spot XRP ETF Is Coming Next!!!
1 min read
Look what happened to gold when the first gold ETF launched in 2004.
Before that, buying gold was a pain: you needed to buy coins, bars, or risky mining stocks. Suddenly, overnight, anyone could buy gold via a ticker symbol.
The result? Gold’s price went from about $400 an ounce to over $1,800 in under a decade—a 4.5x move. The reason: ETFs funneled hundreds of billions of dollars into gold that simply couldn’t access it before.
Bitcoin ETF flows: After the January 2024 approval, spot Bitcoin ETFs attracted over $15 billion in their first 120 days. That’s new money, not just retail but pension funds, asset managers, insurance companies—people who couldn’t touch Bitcoin before.
That $15 billion took Bitcoin to new all-time highs, while the rest of the market was still in consolidation.
XRP’s market cap today? About $27 billion.
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