The conversation around cryptocurrency Exchange-Traded Funds (ETFs) continues to surprise the crypto markets everyday, and this time, XRP seems to be at the center of attention. At the recent XRP Las Vegas event, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, shared his opinion on how close the market might be to seeing an XRP ETF.
Speaking at the event, Hougan explained how ETFs have become the go-to option for crypto-friendly investors looking for easy, regulated access to digital assets. So far, Bitcoin ETFs have led the way, but attention is now turning to other popular tokens like XRP and Solana.
When asked how soon these new ETFs could arrive, Hougan said he couldn’t comment on specific filings but quietly hinted the industry is making steady progress.
Hougan said that several signs indicate things are moving in the right direction. Regulated futures trading is expanding, and the U.S. Securities and Exchange Commission (SEC) is beginning to consider more innovative crypto products.
“We’re reaching the point in the timeline where the SEC will have to say yes or no,” Hougan explained, adding that he remains hopeful about big announcements this year.
Another reason for his positive attitude is the rising interest from institutional investors. According to Hougan, many large investors already have exposure to Bitcoin as a hedge against inflation and financial risks. Now, they’re looking to broaden their portfolios and explore what other blockchain networks like XRP can offer — from stablecoins to tokenized assets.
“The demand for non-Bitcoin crypto investments is growing fast,” Hougan said. According to him, people are eager to see what else blockchain technology can do.
While there’s no official approval yet, industry insiders like Matt Hougan believe it’s only a matter of time before XRP ETFs and other crypto investment products start gaining the green light. And if that happens, it could open the door for a new splash of institutional money flowing into the XRP market.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
BNB has staged a sharp recovery after a volatile week that saw most major cryptocurrencies…
XRP price is currently down and is trading below $2.50. However, XRP faces two main…
The cryptocurrency market has been in turmoil, and XRP has not been spared. After days…
The cryptocurrency market suffered a massive wipeout, erasing nearly $800 billion in value within 24…
The Ethereum price suffered a steep decline as panic gripped global markets, pulling ETH/USD from…
The crypto market is currently in a robust recovery period as investors are shifting towards…
