Oh, would you look at that! Grayscale, the ever-watchful hawk of the crypto skies, is suddenly paying attention to XRP, just as it launches its shiny new ETF. It’s a fierce battle out there, folks, with Solana’s ETF making quite the splash, but XRP’s trying to squeeze through the cracks with all the speed of a cheetah on a Red Bull. 🏃♂️💨
In a cheeky chat with Paul Barron, Grayscale’s bigwig Zach Pandl dubbed XRP a “battle-tested blockchain.” Well, isn’t that just adorable! Let’s face it, while Solana’s off running the fastest apps on the block, XRP’s got a reputation for surviving the wildest, most unpredictable crypto cycles. It’s like the cockroach of blockchains-here for the long haul, no matter what the world throws at it! 🪲
Institutions Don’t Want to Choose Just One
It seems like the big guys don’t want to pick sides. Oh no, they’re not ready to commit to a single blockchain; they want a little taste of both! Solana’s the one for lightning-fast smart contracts, and XRP is the trusty old speedster, great for payments and doing a little bit of everything. So, naturally, the big players are looking to hedge their bets and grab both with both hands. Can you blame them? 😏
Which ETF Wins? Not So Simple
When pressed about which ETF might take the crown, Pandl jokingly said picking one was like choosing between his own children. Oh, come on, Zach, spill the beans! But what he did say clearly is that Bitcoin’s still the favorite child, snatching up the largest chunk of institutional cash, with Ethereum trailing behind in second place. Everything else-XRP, Solana, and the ragtag crew of altcoins-will have to squabble for the leftover crumbs in the ever-growing tokenized playground. 🍪
XRP Staking? Grayscale Says It’s on the Table
And then, just when we thought things couldn’t get any juicier, the talk turned to XRP staking. Oh, yes, that old chestnut! Grayscale, ever the tease, has revived whispers of staking in their ETF lineup. We all remember how they introduced staking for Ethereum and Solana, right? Well, now they’re seriously considering bringing it to XRP too. With a little help from the U.S. regulators and their ‘clearer’ tax guidelines, Grayscale believes staking could become the standard feature for crypto ETFs. It’s like the cherry on top of the crypto sundae. 🍒
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2025-11-27 19:44