XRP to Join Bitcoin and Ethereum in ETF Race, Says Canary Capital CEO

XRP is gaining momentum as a potential candidate for the next wave of U.S. crypto ETFs. According to Steven McClurg, CEO of Canary Capital, the legal clarity around XRP’s status has positioned it right behind Bitcoin and Ethereum for possible ETF inclusion.

The key breakthrough was the U.S. court’s ruling that XRP is not a security. This legal win removes a major regulatory roadblock, increasing the likelihood that the SEC will allow XRP to be listed in future ETFs.

McClurg emphasized that Ripple is leading innovation in financial services and that XRP is ideally suited for institutional use, particularly in cross-border payments. He believes that XRP could attract even more assets under management than Ethereum in the long term.

While retail investors may favor projects like Solana, financial advisors and institutions are likely to gravitate toward XRP, especially as ETFs make crypto more accessible. McClurg’s comments reflect growing optimism in the industry that XRP will be among the next to join the ETF club.