Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Renowned Financial Writer Responds to Claims of “Institutional Demand Near Zero Even If XRP Spot ETFs Are Approved”

Renowned Financial Writer Responds to Claims of “Institutional Demand Near Zero Even If XRP Spot ETFs Are Approved”

BitcoinsistemiBitcoinsistemi2025/03/13 06:00
By:Mete Demiralp

Finance writer Linda P. Jones responded to claims that institutional demand for XRP is very low in her statement.

Finance writer Linda P. Jones has disputed claims that demand for XRP Spot Exchange Traded Funds (ETFs) will be minimal if the U.S. Securities and Exchange Commission (SEC) approves them.

Jones, who has extensive experience in the financial sector, argues that financial firms are filing for XRP ETFs with the SEC precisely because they expect strong demand. He said that XRP is the largest U.S.-based cryptocurrency and could even benefit from preferential tax treatment in the future.

Drawing on his career at a major Wall Street firm, Jones explained that new financial products like ETFs are introduced only when firms expect to attract capital and make profits:

“A new financial product like an ETF is launched with the expectation that it will raise money and increase the firm’s profitability by earning commissions. The idea that there is no demand for XRP or that it will not be sold is ridiculous.”

Related News BREAKING: Listing Storm from Coinbase - They Announced Another Listing

Jones also noted that until now, investors have had limited options in the crypto ETF space, with only Bitcoin (BTC) and Ethereum (ETH) ETFs. Jones believes investors will naturally diversify their holdings to include XRP, especially if potential tax incentives emerge. Additionally, Jones pointed to President Donald Trump’s recent mention of XRP as part of his “Digital Asset Stock,” a factor that could increase legitimacy and investor interest.

*This is not investment advice.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!