Canary Capital CEO Predicts Ripple (XRP) ETF Will Outperform Ethereum (ETH) ETF – Here’s Why
Jakarta, Pintu News – Canary Capital CEO, Steven McClurg, predicts that the XRP ETF could potentially outperform the Ethereum ETF when it starts trading in the market.
This statement comes after the SEC officially confirmed the end of the lawsuit against XRP, which gave relief to many investors.
Canary Capital CEO predicts XRP ETFs will surpass ETH ETFs
Canary Capital’s CEO, Steven McClurg, in an interview with Paul Barron, expressed confidence that XRP ETF products will outperform ETH ETFs. He cited three main factors supporting this: yield structure, market position, and community strength.
Read also: Ethereum Price Surges to $4,600 Today (13/8/25): Can ETH Set a New All-Time High?
According to McClurg, the staking feature of Ethereum is actually an obstacle to the success of ETH ETFs. Experienced crypto investors can earn returns of around 2-3% just by holding ETH directly.
In contrast, XRP does not currently offer a staking yield, so ETF investors do not feel like they are missing out on income opportunities when choosing that fund structure.
He also emphasized that XRP dominates its category as a blockchain designed specifically for financial services infrastructure, especially in cross-border payments, remittances, and institutional transaction settlement.
“When there is a clear leader in a category, it’s usually the one that wins,” he said, comparing XRP’s role in payments to Bitcoin’s role as a store of value.
Massive XRP Enthusiasm and Community
In addition, McClurg highlighted the size of the XRP community and their enthusiasm. He predicts that strong interest from both retail and institutional investors could drive large inflows of funds into XRP ETFs.
In fact, he estimated that the newly launched XRP ETF could attract up to $5 billion in the first month, surpassing the initial performance of the ETH ETF. This statement comes amid speculation of an XRP ETF filing by BlackRock.
McClurg, whose company has applied for an XRP ETF, is optimistic that the product will come soon and believes the launch will happen before the end of this year.
In terms of technical aspects, he explained that XRP ETFs need a reliable reference price mechanism to track the underlying asset.
While some ETFs use CME benchmarks, Canary Capital plans to use indices from other platforms that are considered to have a broader coverage of the crypto market.
SEC Officially Ends XRP Lawsuit
After years of legal proceedings, the United States Securities and Exchange Commission (SEC) has officially filed to withdraw its appeal against Ripple. This move marks the end of one of the most high-profile lawsuits in the crypto world.
Also read: Whale XRP Moves $53 Million to Coinbase, Signals Bullish Trend?
SEC Commissioner, Hester Peirce, confirmed this development through a post on the X platform.
“Last week, the SEC’s case against Ripple officially ended. This is good news as the focus can now shift from legal matters towards establishing a clear regulatory framework for the crypto industry,” he wrote.
Previously, there were still many people who doubted that the XRP lawsuit was really over. Australian lawyer Bill Morgan responded to these doubts and confirmed to the public that the case was indeed over.
With dual confirmation from a sitting SEC commissioner and a legal expert, there is little doubt that the lawsuit is officially closed. This paves the way for Ripple and XRP to move forward unhindered by regulatory litigation.
That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, 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 have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coingape. Canary Capital CEO Says XRP ETF Will Surpass ETH ETFs as SEC Confirms Lawsuit End. Accessed on August 13, 2025
- CryptoRank. XRP ETF Poized to Outshine Ethereum ETF, Says Canary Capital CEO. Accessed on August 13, 2025
