Mr. Nate Geraci—whose renown in the world of Exchange-Traded Funds far exceeds that of many a fortune-hunter in Bath—has, with a confidence worthy of Lady Catherine herself, most sanguinely predicted that both XRP and Dogecoin (which, though born of jest, has danced its way delightfully into polite society) shall have their own ETFs before we see another Christmas pudding.
Pray attend: the ever-cautious U.S. Securities and Exchange Commission, apparently seized by the spirit of procrastination, has chosen to extend its meditations on the matter of Franklin Templeton’s spot XRP ETF, as well as Bitwise’s touching case of Dogecoin. One can only imagine the intensity of their discussions, which must rival that of whether to accept an invitation to the Netherfield Ball.
Yet, do not sound the alarm; the delay, whilst vexing, has arrived with the predictability of an aunt’s disapproval. The finest minds—those belonging to the likes of Bloomberg—predict the joyful debut of XRP ETFs in the month of October, a time most agreeable for new beginnings (and no less agreeable for well-timed gossip).
Matters have only grown more interesting, as CME, not to be left behind in this parade of innovation, has formally announced its intentions with XRP futures. One dares say, this improvement bodes rather better for XRP than a wealthy suitor does for a mother with many daughters.
The ever-entertaining Polymarket wagers the likelihood of an XRP ETF’s appearance at a preposterously precise eighty percent this year—a figure as steady as the constancy of Mrs. Bennet’s nerves. Apparently, for the past two months, society has not been able to persuade the odds to so much as curtsy.
One cannot help but wonder, will such modern tokens find themselves respectably “approved” by society’s most exacting gatekeepers, or shall they merely provide us with further reason for lively conversation over tea? Rest assured, dear reader, the outcome promises at least as much amusement as astonishment. 🥂📈
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2025-04-30 11:34