According to analytics company Kaiko, XRP is positioned as the next Altcoin to acquire its own Exchange Fund (ETF) in the US
The company notes that XRP and Sol stand out as candidates with the most likely chance of obtaining such products.
At first glance, it may seem that Sol has an advantage over tokens associated with ripples.
As Reported by U.Todaythe fidelity of the mutual fund giant officially took part in the Solana ETF race last year. Furthermore, CME has been deployed Restricted Sol Futures This throughout a month that was considered a major milestone for Altcoin.
However, according to Kaiko, XRP may have the advantage due to its rising market depth.
Following the massive gatherings in the fourth quarter of 2024, the token spot volume has increased dramatically.
Additionally, the first Revareval XRP ETF was performed successfully Release In the US in April.