根據新報告

啟動Altcoin ETF的競賽正在加熱，XRP ETF可能會在被批准的情況下領導。

The race to launch altcoin ETFs is heating up, and XRP ETFs might be leading the pack in terms of being the first approved, according to a new Kaiko Research report.

根據新的Kaiko研究報告，XRP ETF的競賽正在加熱，XRP ETF可能會在首次獲得批准方面引起這項工作。

XRP, Ripple’s native token, is the fourth-largest crypto by market cap, at $123.5 billion. The token’s price is up over 300% in the past year, but is still a far cry from the all-time high of $3.84 it hit in January 2018.

XRP是Ripple的原住民代幣，是市值的第四大加密貨幣，為1.235億美元。在過去的一年中，代幣的價格上漲了300％以上，但與2018年1月達到的3.84美元的歷史高處相去甚遠。

Analysts at Kaiko Research argue that among all altcoin ETFs, XRP ETFs have the best chance of being approved before solana ETFs due to two drivers.

Kaiko Research的分析師認為，在所有Altcoin ETF中，XRP ETF有最大的機會在由於兩個驅動因素引起的Solana ETF之前獲得批准。

First: liquidity. The share of spot volume on US exchanges has “recently climbed to its highest level since before the SEC’s 2021 lawsuit prompted widespread delistings.”

第一：流動性。美國交易所的現貨量份額“最近在SEC 2021年訴訟促使人們廣泛推廣以來，它最近升至其最高水平。”

Second, “the launch of a 2x XRP ETF last week positions XRP ahead of other assets when it comes to approval,” the analysts wrote.

其次，“在批准方面，上週的2x XRP ETF上週推出XRP領先於其他資產，”分析師寫道。

Teucrium Investment Advisors launched that leveraged ETF mentioned in the report on April 8. Jake Hanley, Teucrium managing director, told Sherwood News that some questioned the timing of the launch, given current tariff-related volatility.

Teucrium Investment Advisors啟動了槓桿ETF在4月8日的報告中提到的。 Teucrium董事總經理Jake Hanley告訴Sherwood News，鑑於當前與關稅相關的波動率，有些人質疑發布的時間。

“Our instinct told us that there was demand for a 2x leveraged ETF, and we were right.”

“我們的本能告訴我們，有2倍槓桿的ETF需求，我們是對的。”

XRP ETFs entered the race early, with filings from Grayscale, Bitwise, Canary, 21Shares, and WisdomTree. The SEC acknowledged a slew of them in February, meaning they’re a step ahead in the regulatory process. The deadline for approvals for most of these is in October.

XRP ETF提早參加了比賽，並提交了Grayscale，Bitwise，Canary，21shares和Wisdomtree的文件。 SEC在2月份承認其中一員，這意味著他們在監管過程中邁出了一步。大多數批准的截止日期是十月。

“May 22 is an important date to watch in light of the recent ETF approval of a 2x XRP ETF from Teucrium, as the SEC must respond to Grayscale’s XRP spot filing by then.”

“鑑於Teucrium的2倍XRP ETF的近期ETF批准，5月22日是一個重要的日期，因為SEC必須在當時對Grayscale的XRP Spot提交。”

XRP also holds the lion’s share of ETF filings, followed by solana, litecoin, dogecoin, and avalanche, the report found.

報告發現，XRP還持有ETF文件的獅子份額，其次是Solana，Litecoin，Dogecoin和Avalanche。

Proshares, which just launched the first solana ETF in Canada, is taking advantage of the momentum around XRP, amending its January filing for three futures-based XRP ETFs on April 15 for a proposed April 30 launch, regulatory filings show.

監管文件顯示，Proshares剛剛在加拿大推出了第一個Solana ETF，它正在利用XRP周圍的勢頭，修改了其1月份的3月15日提議的三個基於期貨的XRP ETF提交的申請。

Nic Puckrin, founder of Coin Bureau, told Sherwood that while many had been expecting solana ETFs to come first, it makes sense that XRP will be the first altcoin ETF approval, especially with Coinbase about to list XRP futures.

Coin Bureau的創始人Nic Puckrin告訴Sherwood，儘管許多人一直期望Solana ETF首先出現，但XRP將成為第一個Altcoin ETF批准，尤其是在Coinbase列出XRP Futures的情況下。

“Momentum is on Ripple’s side, with the SEC lawsuit now dropped and the recent acquisition of Hidden Road. Plus, XRP has more interest in the US from retail investors than solana, and it’s in a strong position from the point of view of liquidity.”

“動力正處於波紋狀態，SEC訴訟現在已經下降，並且最近收購了隱藏的道路。此外，XRP比Solana對美國對美國的興趣更大，而且從流動性的角度來看，它處於強大的位置。”

Additionally, On April 16, Ripple and the SEC were officially granted a pause on appeals after a years-long legal battle, according to the filing posted by defense lawyer James K. Filan as the parties have “reached an agreement-in-principle” which signals this battle is ending.

此外，根據辯方律師詹姆斯·K·菲蘭（James K. Filan）發布的申請，在4月16日，Ripple和SEC在長達一年的法律鬥爭之後被正式暫停上訴，因為當事各方“達成了一項基本協議”，這表明這場戰鬥即將結束。