So, the first XRP ETF decided to show up faster than your grandma on Black Friday, and Wall Street? Yeah, they weren’t ready. According to Sal Gilbertie, CEO of Teucrium Trading-who’s basically the ‘crash course’ in commodities and derivatives-this thing is blowing up faster than a TikTok dance trend.
Gilbertie shared that launching an XRP ETF felt like ‘finding the one pair of jeans that actually fit after trying on 50,’ because he’s been deep in the crypto weeds (literally, probably, if he’s into derivatives). Bitcoin? He’s followed that for years. XRP? That’s his jam, and he knew this ETF was a ‘no-brainer,’ even if most people still think it’s a fancy new energy drink.
And let’s talk about that ticker-XXRP. No, it’s not a secret code for aliens. It’s just the smart branding that gave it double the oomph. Because, apparently, if you shout “double exposure,” investors come running. Or at least, they did.
$500 Million in Just 12 Weeks – Yep, You Read That Right
Most ETFs spend a year trying to hit $25 million, and only a sad 1% get there. The XRP ETF? Bucked the trend and threw down over $500 million in barely three months. To put it simply: that’s like your favorite band going from underground to stadium in a summer. No big deal.
Gilbertie credits the XRP fans-arguably the most passionate crypto group since “HODL” was invented-for this rocket ride. They’re basically crypto’s superfan club, minus the bad table manners.
Why XRP ETFs Might Just Be Getting Started
Sure, XRP’s price has had a bit of a tantrum recently, but Gilbertie says this is barely the opening act. He predicts that total assets-currently chilling around $1.2-$1.3 billion-are just the appetizer. The main course? Demand that skyrockets once Uncle Sam clarifies the crypto rules.
He’s all about utility-think real-life payments, not just ‘digital gold for hoarding in your virtual vault.’ XRP’s practical vibes, combined with Ethereum and Solana, might just secure them a VIP spot in the investment party.
This Is Just the Tip of the Iceberg, People
According to Gilbertie, if history repeats, we could see these ETFs gobbling up several billion dollars in their first full year. Major banks are forecasting it, and let’s be honest, nobody wants to miss out on the crypto gold rush-except maybe your cat, who’s still trying to understand blockchain.
Bottom line? When old-school finance kisses new-school crypto with a decent use case, everyone moves faster than your Wi-Fi dropping in the middle of binge-watching your favorite show.
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2025-12-17 19:37