XRP will ‘easily become’ a $1bn ETF in its first months

While much of the crypto industry isn’t fond of XRP, Matt Hougan is predicting a blockbuster debut for the Ripple-linked cryptocurrency. Bitwise’s chief investment officer told DL News that an XRP exchange-traded fund will “easily become” a billion-dollar fund within its first handful of months — dramatically exceeding what sceptics expect. “People underestimate it because the median opinion in crypto is pretty bearish on XRP,” Hougan said. “But what drives flows? A group of people that buys the asset — ...