Financial writer Linda P. Jones challenges the claim that demand for XRP spot exchange funds (ETFs) would be minimized if the Securities and Exchange Commission (SEC) approve them.
With extensive experience in the financial sector, Jones claims he is filing an XRP ETF with the SEC as the financial company expects strong demand. He said XRP is the largest US-based cryptocurrency and could even benefit from future priority tax treatments.
Using his career at major Wall Street companies, Jones explained that new financial products like ETFs are only introduced when companies expect to attract capital and make profits.
“New financial products like ETFs are launched in the hopes of increasing profitability for the company by raising funds and earning fees. The idea that there is no demand for XRP and will not be sold is ridiculous.”
Jones also noted that investors had limited options in the Crypto ETF space, with only Bitcoin (BTC) and Ethereum (ETH) ETFs being limited. Jones believes investors will naturally diversify their holdings and include XRP, especially when potential tax incentives emerge. Additionally, Jones pointed to President Donald Trump’s recent mention of XRP as part of his “digital asset stocks.” This is a factor that can raise legitimacy and investor interest.
*This is not investment advice.
