CryptoCom CEO Highlights Forecast of $8B Inflow for XRP ETF in First Year


Crypto.com CEO Kris Marszalek recently commented on the prospect of XRP ETFs and the massive inflows the product could attract upon approval.

In a viral video within crypto circles, Marszalek expressed an optimistic outlook for ETFs focused on altcoins. He suggested that altcoin ETFs for tokens like XRP could see strong inflows, potentially outperforming the figures from existing products like Ethereum.

XRP ETF Could See $8B Inflow in First Year

Marszalek backed this sentiment by citing a projection that suggested the XRP ETF could attract inflows of $8 billion in its first year. “You can imagine the kind of impact that might have,” Marszalek said.

This sentiment suggests that such massive inflows could boost the market price of XRP and benefit the broader crypto landscape.

Notably, JPMorgan originally forecasted the $8 billion inflow potential for XRP ETFs in its first year of launch. Interestingly, Bloomberg ETF analyst Eric Balchunas agrees with this estimate and calls it reasonable.

Now, Marszalek’s optimistic words about the XRP ETF have gone viral within the XRP community and attracted the attention of other industry figures, such as attorney John Deaton.

Wall Street Can’t Overlook XRP ETF—There’s a Lot of Money to Be Made, Says Deaton

Commenting on Marszalek’s statement, Deaton reiterated his long-held conviction. He believes that once there is legal clarity and the SEC loses in court—especially in cases involving platforms like Coinbase and Kraken—Wall Street will inevitably push for altcoin ETFs, including XRP.

Deaton noted that while some disagreed with his forecast, the tide was turning and becoming more evident. He pointed out that at least 11 firms are actively seeking an XRP ETF.

Deaton emphasized that he wasn’t betting on any specific token but on “Wall Street’s greed,” referring to their insatiable hunger for profit and the larger financial system’s desire to capitalize on the growing crypto market.

He further supported his perspective by citing how BlackRock’s iShares Bitcoin ETF has set a record as the most successful ETF ever. In just one year, it attracted more capital than gold did over the span of a decade.

Deaton predicts that this remarkable achievement will encourage Wall Street to adopt a similar approach for altcoins like XRP to profit from the expanding crypto market.

With this optimistic perspective, Deaton believes there’s a strong chance that XRP could become the second-largest cryptocurrency after Bitcoin, overtaking Ethereum.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.





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