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