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Canary Capital CEO: Wall Street's recognition of XRP is second only to bitcoin, and demand for ETFs may surge after launch

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2025-08-31 09:18:57
Steven McClurg, CEO of digital asset management firm Canary Capital, recently talked about XRP's market position in the cryptocurrency space. He said that XRP is second only to Bitcoin among Wall Street professionals. If the XRP ETF is disclosed by the Securities Exchange Commission, the market demand may surge. It is reported that Canary Capital submitted an application for the registration of the spot XRP exchange-traded fund (ETF) in October last year, but has not yet received regulatory approval.
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