- Dom Kwok says XRP ETFs could attract more inflows than Bitcoin or Ethereum ETFs if approved.
- XRP’s $6.6B daily trading volume and rapid success on CME highlight strong demand.
- SEC deadlines in October could decide the fate of 11 XRP ETF applications.
Dom Kwok, co-founder of EasyA, is making waves with a bold claim—he believes XRP ETFs could end up bigger than any other crypto ETF, even Bitcoin and Ethereum. With several spot XRP ETF applications moving toward final deadlines, his timing couldn’t be more striking.
Why Kwok Thinks XRP ETFs Could Dominate
In a chat on the Paul Barron Network, Kwok argued that if the SEC signs off on XRP ETFs, the inflows could surpass every other crypto ETF to date. His reasoning? The XRP community. He calls it one of the largest global holder bases in all of crypto, and that broad reach could turn into serious demand once a regulated product exists.
He pointed out that XRP has consistently been one of the top-traded coins on Coinbase and major exchanges. A Coinbase report even showed XRP as the second-largest asset by trading volume, just behind Bitcoin. For Kwok, that’s proof enough—combine popularity with regulation, and XRP ETFs could very well become the biggest in the game.
Signals Pointing to Strong Demand
Looking at the numbers, XRP still moves a ton of volume. Nearly $6.6 billion changes hands daily, with about $6.5 billion flowing through centralized exchanges. If an ETF is approved, analysts expect that demand could quickly shift into traditional investment products.
One of the strongest signals of institutional interest came from CME. XRP futures contracts only launched a few months ago, yet XRP became the fastest crypto to ever hit $1 billion in open interest. That kind of rapid adoption is rare, and Kwok says it’s another sign that investors are waiting for the next step: spot ETFs.
Context: Bitcoin and Ethereum Still Lead for Now
Right now, Bitcoin and Ethereum are the only tokens with approved ETFs in the U.S. Bitcoin ETFs have pulled in about $54 billion in inflows, while Ethereum sits around $13.6 billion. Several big names—including Grayscale, Bitwise, and Canary Capital—are already lined up with XRP ETF filings. Eleven applications are under SEC review, and some are expected to get final decisions in October.
Prediction markets even suggest there’s an 84% chance XRP gets approval by year-end, though whether it outpaces Bitcoin and Ethereum in inflows is still anyone’s guess. For now, Kwok is confident: the scale of XRP’s trading and community support makes it a unique contender in the ETF race.
