In less than 30 days XRP went from $0.5 to $3, likely because they filed for an ETF. BCH could also easily also 6x if we get an ETF announcement, which would actually be easier since the supply is smaller, and it wasnt premined.
Grayscale seems to be dragging their feet regarding converting their BCHG fund to an ETF since the DCG company that owns them is arbitraging the premium of their inefficient fund. Massive conflict of interest. Once someone else files, they will probably try to match it with their own application.
Once BCH gets an ETF, then options, which are basically cheap loans will skyrocket it more. Added bonus is the liquidity will actually help merchants and payment processors.
[link] [comments]