It is a truth universally acknowledged that a cryptocurrency in possession of a new ETF must be in want of investors-though whether such investors shall find themselves enriched or merely bemused remains to be seen. 📜✨
Mr. Brad Garlinghouse, a gentleman of considerable influence in the realm of Ripple, has declared with all the confidence of a man who has never misplaced his pocket watch that XRP is now upon the precipice of a most extraordinary “rush.” This proclamation arrives, alas, at a moment when the poor dear XRP has been languishing in the doldrums of bearish sentiment, its price descending with all the grace of a debutante tripping over her own petticoat. 💔📉
The Curious Case of the XRP ETF Rush
The market, ever the fickle creature, presently adjusts its bonnet in response to the arrival of Bitwise’s Spot XRP ETF upon the illustrious New York Stock Exchange-a development that has sent whispers fluttering through parlors and trading floors alike. This follows the earlier appearance of Canary’s XRPC ETF upon the NASDAQ, thus elevating XRP to the rarefied air of those few cryptocurrencies deemed worthy of such institutional embrace. 🎩🏛️
One might suppose that such advancements would inspire jubilation, yet XRP’s price persists in its obstinate refusal to ascend with the vigor one might expect. Indeed, it lingers below the $2 mark like a wallflower at a ball, overlooked by suitors who ought to know better. 💃❌
Mr. Garlinghouse, ever the optimist, has taken to the social platform X (formerly known as Twitter, lest we forget) to proclaim this moment as the dawn of a “turkey trot” toward XRP ETFs-a phrase that conjures images of frantic investors scrambling for the last drumstick at a Thanksgiving feast. 🍗🏃♂️
Whither XRP? A Question for the Ages
The discerning observer must now wonder: shall this newfound ETF enthusiasm bestow upon XRP the fortune it so ardently desires? Bitwise’s offering has already welcomed $105.36 million in inflows-a sum sufficient to purchase several fine estates in Derbyshire-yet XRP remains as unmoved as Lady Catherine de Bourgh upon hearing a mildly amusing anecdote. 🏰😐
Further intrigue awaits, for the Grayscale XRP Trust ETF and Franklin Templeton’s XRP ETF are poised to make their entrances with all the fanfare of a poorly timed quadrille. Their imminent arrival suggests that Mr. Garlinghouse’s “pre-Thanksgiving rush” may yet prove more than mere hyperbole-or, perhaps, it shall dissolve into the ether like so much morning mist over Pemberley. 🌫️🤷♀️
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2025-11-22 03:14