Bitwise Asset Management CEO Hunter Horsley, with a grin that suggested he might have just discovered alchemy, claims that an XRP exchange-traded fund (ETF) could be a smashing hit-if the bureaucrats ever stop napping long enough to approve it. He insisted there is “a ton of energy and enthusiasm” around XRP, the sort of fervor usually reserved for mysterious cats in black coats or late-night theater performances.
In a tête-à -tête with CoinDesk, Horsley confided that in traditional finance, “the death of an ETF is apathy”-a most dull and pedestrian demise. XRP, however, seemed to him more alive than a carnival at midnight. Its devotees, waving their digital banners and chanting in code, would surely ensure an ETF’s lively debut.
Traditional Capital Could Flow Into XRP
Horsley, adjusting his spectacles with a flourish, pointed out that the allure of an XRP ETF stretches beyond mere mortals clutching their smartphones. Over $100 trillion in stodgy, leather-bound traditional assets could, with the proper coaxing, tumble into the digital fray like tourists into a flea market on a sunny Sunday. An ETF, he hinted, is like a curious guide leading this ancient capital into a land of blinking numbers and endless possibility.
“I think if they have the opportunity to taste the exotic fruit called XRP, it’ll be a highly sought-after delicacy,” he said, as though describing a pastry at a Russian bakery rather than a financial product.
Volatility to Persist in the Near Term
Regarding the tempestuous moods of the crypto markets, Horsley observed that Bitcoin is aging gracefully, like a nobleman finally agreeing on the correct attire for a ball. Other grand attendees-XRP, Ethereum, Solana-however, are still prone to tantrums and sudden fits of flair for the dramatic, a situation expected to last a year or more.
Investors Still Forming Consensus on Major Altcoins
He shrugged at the enduring chaos, noting that investors are otherwise preoccupied with AI sorcery, macroeconomic fortune-telling, government proclamations, or the noble pursuit of family vacations. “So the grand consensus on XRP, Solana, and Ethereum is still brewing like a mysterious potion,” he said, “and volatility shall be their faithful companion for some time.”
Finally, with a twinkle in his eye, Horsley concluded that while the market may remain a theater of unpredictability, institutional participation through ETFs could eventually choreograph a more orderly, almost civilized dance of digital assets.
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2025-11-10 06:47