XRP Spot ETFs Could Attract $5 Billion in First Month and May Outperform Ethereum as SEC Delays Decision

• Canary Capital forecasts ~$5B first-month inflows for XRP spot ETFs.

• SEC delayed Canary Capital’s XRP ETF decision to Oct. 23; amended S‑1 filed.

• Broader ETF proposals include Solana, Hedera, TRX and an “American-made Crypto ETF.”

Meta description: XRP spot ETF outlook: Canary Capital expects $5B inflows in month one; read the latest on approvals, SEC timeline, and market implications — act on insights now.

Canary Capital CEO says XRP ETFs could see $5B inflows in first month and may outperform Ethereum ETFs.

What are the SEC’s developments on Canary Capital’s XRP ETF filing?

XRP spot ETF applicants face an SEC decision timeline; Canary Capital’s application has been delayed and the regulator set a new deadline of October 23 for approval or denial. The firm has filed an amended S‑1 and is preparing for a regulatory outcome that could determine initial listing timing.

How likely are $5B inflows for XRP spot ETFs in month one?

Canary Capital CEO Steven McClurg projects that XRP spot ETFs could see about $5 billion in inflows in their first month, citing XRP’s high name recognition among financial institutions. He points to existing CME and Coinbase XRP futures activity as evidence of institutional interest. Market analyst Nate Geraci noted that demand for futures-based exposure often signals appetite for spot products.

McClurg told interviewer Paul Barron that “XRP is probably the most well-known on Wall Street and in finance circles after Bitcoin,” adding that Ethereum ranks third in familiarity despite larger market capitalization. This familiarity, he argued, could translate into faster ETF inflows and stronger initial demand.

How could XRP ETFs outperform Ethereum ETFs?

XRP ETF outperformance, according to McClurg, would stem from institutional recognition and existing futures liquidity. Historical patterns show that investor demand for futures-based products can presage strong spot ETF interest. If XRP spot funds launch with competitive fee structures and market access, inflows could be accelerated.

What broader ETF filings and market factors matter?

Canary Capital has expanded its target list beyond XRP to include Solana, Hedera, TRX, INJ, AXL, SUI, SEI, PENGU and a thematic “American-made Crypto ETF.” Approval prospects for these tokens may depend on whether the SEC views existing futures markets as sufficient regulatory precedent, as it did for Bitcoin and Ethereum.

McClurg also tied macroeconomic conditions to ETF demand, recommending a Federal Reserve rate cut at the September FOMC meeting to lower borrowing costs and potentially spur investment into digital-asset ETFs.

Frequently Asked Questions

Will the SEC approve Canary Capital’s XRP ETF by October 23?

The SEC set an Oct. 23 deadline to approve or deny Canary Capital’s XRP spot ETF application. The firm has filed an amended S‑1; final regulatory outcome depends on ongoing SEC review and public comment periods.

How do futures markets influence spot ETF approval?

Regulators and market participants consider the existence of regulated futures markets as a factor in assessing market surveillance and investor protection; prior approvals for Bitcoin and Ethereum referenced futures market maturity as one supporting element.

Key Takeaways

• Projected inflows: Canary Capital forecasts roughly $5B in first-month inflows for XRP spot ETFs.
• Regulatory timeline: The SEC delayed its decision to Oct. 23; an amended S‑1 has been filed.
• Market signals: Existing XRP futures activity and institutional familiarity may drive demand; broader filings target multiple tokens.

Conclusion

Canary Capital’s public projection that XRP spot ETFs could secure about $5 billion in initial inflows and possibly outperform Ethereum ETFs is grounded in name recognition and futures-market indicators. With the SEC’s Oct. 23 deadline approaching, investors should monitor regulatory updates, amended filings, and futures liquidity as signals of likely ETF demand. For continued coverage and filing details, refer to COINOTAG updates.