Why XRP should continue to rise, according to a Bitwise executive

Source: PortaldoBitcoin Original Title: Why XRP Should Continue to Rise, According to Bitwise Executive Original Link: https://portaldobitcoin.uol.com.br/por-que-o-xrp-deve-continuar-em-alta-segundo-executiva-da-bitwise/ XRP is emerging as the standout star of the new wave of cryptocurrency ETFs, after inflows since its launch in November totaled $898 million, according to data from SoSoValue. This represents almost three times the inflows into Solana ETFs over the same period.

Bitwise Asset Management executive Katherine Dowling stated that the ETF boom is expected to continue, highlighting that the movement represents a good starting point for many investors seeking exposure to the market.

She added that, in her view, both XRP and Solana have promising fundamentals that make sense, which, combined with the launch of ETFs, tends to drive demand and, therefore, prices.

An ETF is a popular investment vehicle traded on a stock exchange. It allows investors to buy shares that track the price of an underlying asset—which can be anything from gold and foreign currencies to cryptocurrencies and tech stocks.

Dowling’s analysis comes at a significant moment for the sector: Vanguard, a $11 trillion asset manager, has shifted its stance and now allows cryptocurrency ETF trading for over 50 million clients. This move puts the giant alongside other major asset managers who have expanded their presence in the crypto ETF market over the past two years.

According to Dowling, Vanguard’s entry only happened after an internal leadership change and months of evaluation. She pointed out that the manager “is not late,” but realized that a significant portion of market capital was already seeking issuers offering cryptocurrency ETFs.

On why other major asset managers have not yet launched XRP ETFs

Dowling cited factors such as demand, liquidity, and possible regulatory issues, noting that companies, due to their size, can enter later and still gain market share.

According to the executive, all cryptocurrency projects are trying to convince issuers to launch ETFs because this type of product is beneficial for the crypto asset, as it tends to increase demand and, consequently, the price. She concluded by stating that “more news is on the way.”

XRP ETFs see inflows in 15 consecutive days

XRP ETFs have posted 15 straight days of inflows, accumulating $897 million since their gradual launch in the US. The Canary XRP ETF, from Canary Capital, leads with $363 million. Next come the Grayscale XRP Trust ($211 million), the Bitwise XRP ETF ($187 million), and the Franklin XRP ($134 million).

The current numbers highlight institutional appetite for cryptocurrencies beyond Bitcoin. Still, the price of XRP remained sideways over the past month, fluctuating between $1.82 and $2.03. In other words, strong ETF inflows do not guarantee an immediate rise in the price of the underlying asset, but reinforce the growing interest in regulated exposure to the token.