TechFlow, April 15 — According to The Block, analysts from cryptocurrency research and data platform Kaiko said XRP has the potential to become the next spot ETF approved by the U.S. Securities and Exchange Commission (SEC), following Bitcoin and Ethereum. Key factors supporting this prediction include XRP's superior market liquidity and Teucrium's recently launched 2x leveraged XRP product (XXRP).
Data shows that XRP currently leads with 10 ETF filings, ahead of Solana (5), Litecoin and Dogecoin (3 each). In terms of market depth, XRP has the highest average 1% market depth across major centralized exchanges, indicating a stable trading environment with low slippage—critical for creating efficient structured products.
Notably, May 22 will be an important date, as the SEC must respond to Grayscale’s XRP ETF application by then.
