The SEC-Ripple lawsuit is officially over, with Ripple triumphing in its legal battle.
The ruling in Ripple’s favor, one of the cryptocurrency industry’s biggest, brings spot XRP ETFs one step closer to approval.
At this point, while XRP ETFs are expected to be approved before the end of 2025, Canary Capital CEO Steven McClurg shared his expectations for XRP ETFs.
In a recent interview with Paul Barron, McClurg argued that XRP ETF products could outperform Ethereum ETFs in market performance.
McClurg listed three key factors that could give XRP ETFs an advantage over Ethereum ETFs, stating that these are return dynamics, market leadership, and community engagement.
XRP Could Overtake Etheruem!
Stating that Ethereum offers 2-3% staking rewards directly to its investors, while XRP does not offer staking returns, McClurg said that purchasing an XRP ETF compared to ETH does not mean giving up staking income, which makes ETFs more attractive for XRP investors.
Ethereum’s staking advantages will reduce demand for ETH ETFs, as investors can earn returns by holding ETH directly. However, this is not the case with XRP.
XRP is the clear leader!
Secondly, McClurg pointed out that XRP is also the clear leader in blockchain-based financial services.
At this point, McClurg emphasized that XRP is widely used in cross-border payments, remittances and corporate payments, and argued that it is in a similar position to Bitcoin.
“If there’s a clear leader in a category, it tends to win. XRP maintains its leading position in cross-border payments, remittances, and corporate payments.
“Furthermore, XRP’s role in payments is similar to Bitcoin’s role as a store of value.”
Strong XRP Community!
Thirdly and finally, stating that the strong XRP community has made a positive contribution to spot ETFs, the famous CEO said that he believes that the strong individual and institutional interest of the XRP community can trigger significant ETF inflows.
McClurg predicted that a newly launched XRP ETF could generate up to $5 billion in returns in its first month, surpassing the performance of Ethereum ETFs over the same period.
Recalling that Canary Capital has also applied for an XRP ETF, McClurg added that he is confident that the XRP ETF could be launched before the end of 2025 and receive approval at an earlier date.
XRP ETF Approval Probability Increases!
The positive decision from the SEC-Ripple case has significantly boosted XRP ETF approval expectations. The probability of an XRP ETF launching in 2025 has risen above 80% on the popular prediction market Polymarket.
Bloomberg analysts, however, have raised that probability even higher, to 95%. Meanwhile, futures-based XRP ETFs, seen as a stepping stone to spot ETFs, have already generated over $1 billion in inflows, suggesting growing institutional interest.
Global interest in XRP ETFs has also skyrocketed. According to Google Trends data, there has been a 733% increase in search volume in the past month, with the highest interest coming from Canada, the US, South Korea, Singapore, and Israel.
*This is not investment advice.
