Canary CEO: XRP Recognition on Wall Street Second Only to Bitcoin, XRP Demand Could Soar After ETF Launch

By: theblockbeats.news|2025/08/31 18:22:22

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BlockBeats News, August 31st, Canary Capital CEO Steven McClurg stated that XRP's level of recognition among Wall Street professionals is second only to Bitcoin, and if an XRP ETF receives approval from the US SEC, market demand could surge.

It is reported that Canary Capital submitted a spot XRP ETF registration application in October last year, which has not yet received regulatory approval.

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