#Gate广场创作点亮中秋 #XRP ETF上线

[XRP ETF Launches in a Flash: Short-term Celebration or Long-term Bull Market Starting Point??

The first XRP spot ETF has been launched unexpectedly! My first reaction is: a significant victory in compliance breaking the ice, but the issuer Osprey is not a BlackRock-level giant, so it should be viewed with rationality.

In the short term, it will inevitably trigger FOMO sentiment, with severe price fluctuations and a sudden increase in liquidity. ETFs require physical purchases, directly creating buying demand, but be cautious of a "buy the rumor, sell the news" type of pullback.

Referencing the experiences of BTC/ETH ETFs, the XRP ETF seems more like an "alpha supplement" rather than a "beta core":
1️⃣The market value is much smaller than the former, with different levels of funding.
2️⃣ Attracting funds that are specifically optimistic about the payment track
The key to success or failure lies in the management fee rate and whether subsequent giants enter the market.

In the long term, it opens institutional channels for XRP, but the short-term speculative elements are still present! Investors should participate in the fluctuations with caution.