#加密货币ETF热潮 Looking back, the cryptocurrency market has always been full of surprises and uncertainties. The recent news of the approval and listing of the XRP spot ETF inevitably reminds me of the turmoil surrounding the Bitcoin ETF in its early days. With major institutions like Franklin and Grayscale launching their own XRP ETFs one after another, this is undoubtedly an important milestone. From the Winklevoss twins’ first Bitcoin ETF application in 2013, to the approval of the ProShares Bitcoin futures ETF in 2021, and now the launch of the XRP ETF, a full decade has passed. During this period, there were countless rejections and delays, but persistent efforts have finally borne fruit.

Now, XRP has also ushered in its own ETF era. This not only means that more institutional investors can conveniently access XRP, but also reflects a gradually more open regulatory attitude. Franklin’s free policy is particularly eye-catching, reminiscent of Robinhood’s commission-free trading back in the day. However, history tells us that any innovation needs time to be truly tested. Whether the XRP ETF can succeed like the Bitcoin ETF remains to be seen.

This wave of ETF enthusiasm reminds me of the 2017 ICO boom. Back then, new projects emerged like mushrooms after the rain, but only a handful survived in the end. Will today’s ETF craze repeat the same story, or can it open a new era for cryptocurrency? History always repeats itself in remarkable ways, yet remains full of uncertainties. For those of us who have been in the industry for a long time, it’s equally important to stay vigilant and open-minded. After all, the market is constantly evolving; only by keeping pace with the times can one stand firm in this industry for the long haul.