XRP ETF to Beat ETH and SOL ETFs - Canary Capital CEO

XRP ETF Positioned for Superior Performance

The cryptocurrency ETF landscape is set for a significant shift as Canary Capital CEO Steven McLurg predicts that the XRP ETF will outperform both Ethereum and Solana-based ETFs. This bold forecast comes amid growing speculation about imminent XRP ETF approval.

Why XRP ETF Could Dominate the Market

Steven McLurg's confidence in XRP ETF performance stems from several key factors that differentiate XRP from other cryptocurrencies. In a recent interview, McLurg emphasized XRP's unique regulatory position and practical applications.

"There's now a clear court precedent that XRP isn't a security. It can easily move into a 33 Act fund. Out of all pending products, I think the XRP ETF will gain the most traction," McLurg stated.

XRP's Infrastructure Advantage Over ETH and SOL

XRP's superior positioning comes from Ripple's specialized infrastructure designed for real-time, cross-border settlement. This practical application sets XRP apart from ETH and SOL, which lack comparable real-world payment use cases.

The recent Fedwire adoption of ISO 20022 on July 14 further strengthens XRP's position. The Federal Reserve's Fedwire payment network now enables same-day settlement for trillions in daily transactions, including central bank reserves and Treasury securities.

XRP ETF Approval Timeline and Odds

Bloomberg analysts James Seyffart and Eric Balchunas have assigned a 95% probability to XRP ETF approval in 2025. These forecasts also give SOL ETF, Litecoin, and Cardano similar approval odds of 90-95%.

However, regulatory delays have impacted the approval process. The SEC postponed its examination of Franklin Templeton's SOL ETF and XRP ETF filings until autumn 2025, focusing on compliance, market protection, and structural issues.

Current XRP ETF Developments

Despite regulatory delays, several XRP ETF products are progressing. ProShares has set July 18, 2025, as the effective date for its XRP ETF after filing an amendment under Rule 485(b)(1)(iii).

Teucrium's double-leverage XRP ETF (XXRP) has shown impressive market performance since launch, with daily trading volume reaching $120 million - more than four times its typical average turnover.

XRP Price Movement and Market Sentiment

The XRP price has surged above $3 following a strong trading week, reflecting growing investor confidence in both market fundamentals and ETF approval prospects. This price movement demonstrates market optimism about XRP's future potential.

Regulatory Clarity Benefits XRP ETF

XRP's regulatory clarity provides a significant advantage over other cryptocurrency ETFs. The established court precedent confirming XRP is not a security removes a major regulatory hurdle that other crypto ETFs may face.

This regulatory clarity enables XRP ETF products to move forward with greater confidence, potentially leading to faster approval processes and broader institutional adoption.

Market Impact and Investment Implications

The anticipated XRP ETF approval could significantly impact the broader cryptocurrency ETF market. XRP's unique positioning as a utility token with real-world payment applications may attract institutional investors seeking exposure to practical blockchain solutions.

Unlike speculative cryptocurrency investments, XRP ETF products could appeal to investors looking for utility-driven digital assets with established use cases in the financial industry.

Conclusion

Canary Capital CEO's prediction about XRP ETF outperforming ETH and SOL ETFs is backed by solid fundamentals including regulatory clarity, practical applications, and strong market momentum. With 95% approval odds and multiple ETF products in development, XRP appears well-positioned to lead the next wave of cryptocurrency ETF innovation.

The combination of Ripple's payment infrastructure, regulatory advantages, and growing institutional interest suggests XRP ETF products could indeed eclipse their ETH and SOL counterparts in terms of performance and adoption.