Excitement spread across the XRP community after comments from Bitwise Chief Investment Officer Matt Hougan created strong anticipation about a potential XRP exchange-traded fund. His remarks, shared by ETF analyst Nate Geraci on X, drew wide attention from investors expecting XRP to make a major impact in the ETF market.
According to Hougan, investment inflows into the proposed XRP ETF will exceed expectations once it launches. He stated that “flows will dramatically exceed what people are expecting,” indicating strong early interest from both institutional and retail investors looking for regulated exposure to XRP.
He explained that ETFs fail when investors lose interest, adding that “ETFs die in apathy, and that won’t be the case here.” His statement aligned with the growing belief that XRP’s large and active community could help sustain consistent demand once the fund becomes available.
Hougan, in his discussion with DL News, mentioned that the XRP ETF would “easily become” a billion-dollar fund within its first few months of trading. The comment has been viewed by analysts as a significant indicator of Bitwise’s confidence in the digital asset market.
“The XRP Army will smash-buy the ETF” –@Matt_Hougan
Says spot xrp ETF will “easily become” a billion-dollar fund w/in first few months.
“Flows will dramatically exceed what people are expecting.”
Agree.
via @elpedrosolimanopic.twitter.com/xH4U58OVml
— Nate Geraci (@NateGeraci) October 29, 2025
Ripple Effect Across the Crypto Market
Nate Geraci’s post highlighting Hougan’s statements added further attention to the discussion. He wrote that “the XRP Army will smash-buy the ETF,” referencing the strong enthusiasm among XRP supporters. The post quickly spread across crypto-focused social media accounts, reflecting widespread interest in a potential XRP ETF approval.
Market observers noted that Hougan’s comments represent growing confidence in alternative digital asset funds. XRP’s possible entry into the ETF space is being closely monitored by investors following recent developments around crypto-based investment products.
Bitwise Solana ETF Debut Highlights Growing Investor Appetite
Earlier this week, Bitwise Asset Management’s spot Solana ETF made a strong market entrance, drawing over $69 million in inflows on its first trading day.
The launch occurred despite the SEC’s limited operations during the government shutdown, as the regulator had previously approved a new listing standard for select altcoins, including Solana and XRP. This has fueled speculation that an XRP ETF could follow soon.
The performance of Bitwise’s Solana ETF and Hougan’s remarks have kept attention on XRP’s potential market entry through a similar structure. Discussions surrounding regulatory approvals and investor demand continue to shape expectations across the digital asset sector.

