XRP has climbed positions in the institutional financial ecosystem, consolidating itself as the most recognized cryptocurrency on Wall Street after Bitcoin.
This was stated by Steven McClurg, CEO of Canary Capital, during a recent interview in which he highlighted the growing interest of traditional financial players in Ripple's native digital asset.
According to McClurg, institutional attention is leaning towards XRP, leaving Ethereum in third place. He assured that Ripple's cryptocurrency is, without a doubt, the most recognized on Wall Street after Bitcoin, also indicating that the approval of an ETF linked to it this 2025 is “very likely”.
The growing institutional validation of XRP
the recent statements McClurg's have captured attention not only for opinions, but for concrete facts. XRP is no longer just another cryptocurrency; it has entered the strategic reserves of several institutions and is being considered for sovereign reserves in influential nations like the United States. This speaks to a significant shift in how it is perceived and utilized within the global economy.
Furthermore, the adoption of XRP by banks in over 70 countries reflects a growing and steady trend. It's not just a matter of experimenting with the technology, but of integrating XRP into real, established financial systems. Likewise, the transition to international standards such as ISO 20022, along with the launch of the stablecoin RLUSD On the part of Ripple, it underlines the intention to consolidate this cryptocurrency as a vital part of the global financial infrastructure.
In this scenario, Wall Street's interest and recognition are neither coincidences nor mere speculation. McClurg argues that this represents a institutional validation which could change the way XRP is viewed and used in regulated markets. The potential approval of an exchange-traded fund (ETF) in 2025 is a long-awaited milestone that could secure XRP's formal legitimacy within the traditional financial system, opening new doors for its use and expansion.
XRP ETF in 2025: An increasingly close possibility
The possibility of XRP having an approved ETF in 2025 has ceased to be speculation and has become a concrete expectation within the financial sector.
Steven McClurg, whose experience in structuring regulated financial products speaks for itself, stated that the approval of an XRP ETF in 2025 is very likely, noting that the asset's technical and regulatory fundamentals meet the requirements that the SEC has begun to consider following the approval of Bitcoin and Ethereum ETFs.
The existence of custody infrastructure, institutional liquidity, and regulated traceability positions XRP as a viable candidate for exchange-traded products. Furthermore, its use in cross-border payments and its adoption by banks like BNY Mellon reinforce its profile as a functional asset, not merely a speculative one.
On the other hand, Ripple's expansion into more than 70 jurisdictions, many of them with advanced regulatory frameworks, has created precedents that could facilitate the approval of a spot ETF in the United States. McClurg also mentioned that these ETFs could attract billions in funding during the first 30 days after its launch, which speaks to the interest and confidence that exists in the institutional market.
In short, the institutional narrative supporting XRP has strengthened with each banking integration, each technological migration, and each financial product that incorporates it. If the trend continues, the XRP spot ETF would not only be an investment tool, but a definitive validation of its role in the global financial architecture.
McClurg: SOL, LINK, and ADA could also debut in 2025
During the interview, in addition to talking about XRP, McClurg also shared his vision on the near future of several cryptocurrency-based exchange-traded funds such as Solana, Chainlink, Cardano, Litecoin and Hedera, highlighting that, together with XRP, are the most likely candidates to be listed on regulated markets this year.
Although the expert clarified that everything depends on the approval of the United States Securities and Exchange Commission (SEC), his opinion is based on the proposed regulatory framework, which could facilitate the listing of these crypto funds.
The expectation that an ETF for XRP and other altcoins will be approved by 2025 is already beginning to shape how large institutional players plan their next moves. Investors, custodians, and platforms are all on the lookout for more favorable regulation, which would pave the way for widespread adoption of these digital assets. The mere fact that an ETF for XRP and these other altcoins could be approved is already impacting the planning and decisions of many important players in the sector.
Consequently, McClurg's recent statements not only inspire confidence, but have also sparked a broader debate about XRP's place in diversified portfolios. If the SEC ultimately gives the green light, XRP would have the opportunity to cement itself as one of the most relevant altcoins on Wall Street's investment scene, joining Bitcoin and Ethereum, as well as other promising cryptocurrencies like Solana and Chainlink.
