According to the Chief Investment Officer at Valkyrie Investments, an Ethereum and Ripple Based ETF filing could flood the market.                                                                                         
Brad Garlighouse is just as confident, even though he maintains that the current SEC Chairman might hinder this possibility.
Industry players are understandably optimistic about the new year, especially regarding the approval of Bitcoin Spot-based Exchange Traded Funds (ETFs). With the approval of over 10 Bitcoin-based ETFs, Market observers are confident that an Ethereum-based ETF could be approved in the long term. One notable market participant has high hopes for XRP ETFs, although, unlike Ethereum, no Ripple-based ETF applications have been filed.
Steven McClurg, the market party won’t in question, made some remarkable comments regarding XRP ETFs in a recent interview.
Speaking to Sonali Basak, a presenter for Bloomberg

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