XRP ETF Approval: Investors Are About to Lose Their Minds and Possibly Their Shoes
Nate Geraci, who heads up NovaDius Wealth Management – apparently a place where wealth is managed by wild optimism and Excel spreadsheets – has beamed about XRP futures crossing $1 billion in open interest on the CME faster than toast pops out of a quantum toaster. With another $800 million lounging in futures-based XRP ETFs, Geraci suspects that, if spot funds were unleashed, demand might resemble the Black Friday queue outside a shop that sells gold-plated unicorns.