{"id":853051,"date":"2025-06-03T09:11:45","date_gmt":"2025-06-03T14:11:45","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/03\/ripple-news-john-deaton-says-xrp-etfs-are-coming\/"},"modified":"2025-06-03T09:11:45","modified_gmt":"2025-06-03T14:11:45","slug":"ripple-news-john-deaton-says-xrp-etfs-are-coming","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/03\/ripple-news-john-deaton-says-xrp-etfs-are-coming\/","title":{"rendered":"Ripple News: John Deaton Says XRP ETFs Are Coming"},"content":{"rendered":"
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\"Ripple<\/figure>\n<\/div>\n
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BitGo, a leading crypto custody<\/a> and trading firm, has entered a strategic partnership with VivoPower. As part of this deal, VivoPower will use BitGo\u2019s exclusive over-the-counter (OTC) trading services to purchase $100 million worth of XRP tokens. This move is part of VivoPower\u2019s new treasury strategy, following its successful $121 million fundraising round<\/a>.<\/p>\n

A Sign of Growing Interest in Altcoin Treasury Holdings<\/h3>\n

This step by VivoPower marks one of the first major corporate treasury allocations into XRP \u2014 a move that mirrors what companies like MicroStrategy did with Bitcoin<\/a>. By holding crypto assets as part of their corporate reserves, firms aim to diversify and potentially benefit from the growing digital asset market.<\/p>\n

John Deaton\u2019s Take on the Bigger Picture<\/h3>\n

Reacting to the news, Pro-XRP attorney and expert John Deaton connected this development to a broader trend. He recalled how, after the long-awaited approval of Bitcoin Spot ETFs<\/a>, he had predicted that ETFs for other altcoins like ETH, XRP, and SOL would eventually follow.<\/p>\n

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After the Bitcoin Spot ETF was finally granted (more like demanded \u2013 after being forced to fight Gensler\u2019s Bad Faith @SECGov<\/a>, which was found to have acted \u201carbitrary and capricious\u201d in denying one), I said that I had zero doubts about Alt-Coin ETFs eventually following \u2013 and not\u2026 https:\/\/t.co\/nDp5lnpUNk<\/a><\/p>\n

\u2014 John E Deaton (@JohnEDeaton1) June 2, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

While some doubted him at the time, Deaton\u2019s reasoning was based on a simple observation: once Bitcoin ETFs proved to be massively successful, even becoming some of the best-performing ETFs in history, Wall Street would naturally look to replicate that success with other digital assets.<\/p>\n

Companies Copying the Bitcoin Treasury Model<\/h3>\n

Deaton also explained that what Michael Saylor and MicroStrategy did with Bitcoin \u2014 turning it into a corporate treasury asset \u2014 would eventually inspire other firms to do the same with select altcoins like XRP. VivoPower\u2019s move seems to be the first public example of this trend taking shape.<\/p>\n

Greed Drives Innovation<\/h3>\n

Deaton was clear that he isn\u2019t endorsing or celebrating these actions, but rather showing how financial incentives and Wall Street\u2019s appetite for profits often predict market shifts before regulations or public sentiment catch up.<\/p>\n

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Never Miss a Beat in the Crypto World!<\/h5>\n

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.<\/p>\n<\/div>\n

FAQs<\/h2>\n
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What is BitGo\u2019s role in VivoPower\u2019s XRP purchase?<\/strong><\/strong><\/p>\n

BitGo is providing OTC trading services for VivoPower\u2019s $100M XRP acquisition as part of a strategic partnership.<\/p>\n<\/div>\n

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How does VivoPower\u2019s move compare to MicroStrategy\u2019s Bitcoin strategy?<\/strong><\/strong><\/p>\n

Similar to MicroStrategy\u2019s Bitcoin approach, VivoPower is pioneering XRP as a corporate treasury asset. <\/a><\/p>\n<\/div>\n

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Is an XRP ETF likely to be approved soon?<\/strong><\/strong><\/p>\n

Experts predict XRP ETF approval following Bitcoin ETF success, potentially boosting XRP\u2019s institutional adoption and price.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\n \ufeffAnjali Belgaumkar<\/p>\n","protected":false},"excerpt":{"rendered":"

BitGo, a leading crypto custody and trading firm, has entered a strategic partnership with VivoPower. As part of this deal, VivoPower will use BitGo\u2019s exclusive over-the-counter (OTC) trading services to purchase $100 million worth of XRP tokens. This move is part of VivoPower\u2019s new treasury strategy, following its successful $121 million fundraising round. A Sign<\/p>\n","protected":false},"author":1,"featured_media":853052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118847,25213],"tags":[],"class_list":{"0":"post-853051","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-deaton","8":"category-ripple"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/853051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=853051"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/853051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/853052"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=853051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=853051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=853051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}