Investor demand for an XRP exchange-traded fund (ETF) is growing, according to Bitwise Chief Investment Officer Matt Hougan. In an interview, Hougan highlighted two major factors supporting the demand for an XRP ETF. Firstly, XRP has a strong and dedicated community and garners significant trading volume on centralized exchanges. Secondly, the US SEC has become more receptive to discussions around new crypto assets, which increases the likelihood of approval for an XRP ETF. The SEC has acknowledged six XRP ETF filings, including from Bitwise, Grayscale, and WisdomTree, with Grayscale's ETF progressing further. Hougan expressed optimism for the approval of not only XRP ETFs but also other crypto-focused products, and he mentioned a hopeful outlook for an index-based ETF in the near future.



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