Canary Capital CEO: Wall Street's recognition of XRP is second only to Bitcoin, and demand may surge after the launch of an ETF

According to Jinse Finance, Steven McClurg, CEO of digital asset management firm Canary Capital, recently discussed the market position of XRP in the cryptocurrency sector. He stated that XRP's recognition among Wall Street professionals is second only to Bitcoin. If an XRP ETF receives disclosure approval from the U.S. Securities and Exchange Commission, market demand could surge. It is reported that Canary Capital submitted a spot XRP exchange-traded fund (ETF) registration application last October, but has not yet received regulatory approval.