Michael A. Gayed Supports XRP: 5 Big Crypto Market Impacts that Are Being Talked About

Jakarta, Pintu News – The latest endorsement from Michael A. Gayed, portfolio manager at Toroso Investments and publisher of The Lead-Lag Report, has again caught the attention of the cryptocurrency market.

Through the X platform, Gayed expressed his interest in Ripple and teased his followers with the statement that he might become “disruptive” when talking about the token. This response sparked widespread discussion about the growing interest of traditional financial professionals in this much-watched altcoin.

Financial Professionals Support Ripple (XRP)

According to a U.Today report, Gayed’s reputation as a macro analyst and publisher of risk research services puts his support of Ripple (XRP) in the spotlight. He is known through his interviews on CNBC and other financial platforms, so his views have significant influence in the investor community. Gayed’s interest in XRP comes at a time when XRP investment products in the United States are showing strong performance.

U.Today’s data notes that nine spot XRP ETFs in the US have raised around $900 million in assets under management since their launch. Daily capital flows have been in the range of $10-15 million, indicating consistent investor interest and not just speculative. These inflows show that Ripple (XRP) is not only being hunted, but is also getting attention from institutional investor groups.

Also Read: 5 Important Facts from Bitcoin’s (BTC) Latest Prediction: US$125,000 Target?

Gayed’s criticism of Bitcoin ETFs

In a statement delivered on November 17, Gayed again criticized the Bitcoin ETF concept, calling it “the worst thing that happened to Bitcoin.” He argued that the ETF favors issuers over retail investors, which is not in line with the principle of ideal value distribution. Gayed’s criticism reflects a broader view that some financial products in the cryptocurrency ecosystem do not necessarily benefit small investors.

Gayed also highlighted that institutions like BlackRock enjoy greater returns than retail users from Bitcoin ETFs. This confirms his skepticism towards certain ETF structures and why he favors alternative assets such as Ripple (XRP). For many investors who pay attention to market dynamics, this criticism adds context to why Gayed has now chosen to highlight XRP.

Celebrity and Media Influence on XRP Adoption

In addition to Gayed’s endorsement, Ripple (XRP) recently gained attention after Dave Portnoy, founder of Barstool Sports, announced a $1 million (≈ IDR 16.64 billion) purchase of XRP. The presence of these media personalities further expands Ripple’s (XRP) reach in the public space and increases market awareness. Celebrity endorsements such as Portnoy’s are considered to have the potential to influence retail investor sentiment, even if they do not necessarily have a direct impact on the fundamentals of the project.

The involvement of major figures in the financial and media industries creates an ecosystem that is more conducive to XRP’s growth. For investors who are monitoring top cryptos, validation from these two groups can reinforce the perception that XRP is an asset on the rise and receiving widespread attention. The combination of institutional and media influence may also open up opportunities for greater adoption in the long run.

Conclusion

Public endorsements from Michael A. Gayed and other high profiles suggest that Ripple (XRP) is in the midst of a broader adoption trend. As capital flows into spot XRP ETFs and attention from media personalities increase, the asset has the potential to expand its role in the cryptocurrency ecosystem. These developments signal that XRP is being intensely monitored by a larger and more diverse market.

Also Read: 10 Ways to Learn Crypto from Zero: Basic Guide to Start Investing Safely

Follow us on Google News to get the latest information about crypto and blockchain technology. Check Bitcoin price today, Solana price today, Pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

FAQ

Who is Michael A. Gayed and why is his support for XRP important?

Michael A. Gayed is a portfolio manager and macro analyst who is widely followed in the financial industry. His endorsement is important as it provides validation from the traditional financial community towards Ripple (XRP).

Why are XRP spot ETFs attracting investor attention?

According to U.Today, nine spot XRP ETFs have raised around $900 million since launch, with daily flows of $10-15 million. The figures show strong and consistent investor interest.

What are Gayed’s reasons for criticizing Bitcoin ETFs?

Gayed thinks Bitcoin ETFs benefit issuers more than retail investors and called it the “worst thing to happen to Bitcoin,” according to his November 17 statement.

How do celebrities influence XRP adoption?

Dave Portnoy’s $1 million purchase of XRP increases the token’s visibility and may influence retail investor sentiment through media exposure.

Does the support for XRP reflect changes in the crypto market?

The support from financial and media figures signals a shift in interest towards resilient altcoins such as Ripple (XRP), which are now increasingly being considered in institutional investment strategies.

Reference

• U.Today. XRP Scores Yet Another Prominent Supporter. Accessed on December 8, 2025