Bill Morgan’s Contrarian Confidence
Australian legal expert and long-time XRP advocate Bill Morgan recently took to X to share his perspective on the current market sentiment surrounding XRP. His post, laced with irony, declared that he would “continue panic buying XRP” amid the supposedly “terrible” demand for an XRP ETF.
Morgan’s statement came as several asset managers, including GraniteShares, submitted or amended filings for exchange-traded products tied to major cryptocurrencies. These filings, while still awaiting regulatory approval, highlight XRP alongside Bitcoin, Ethereum, and Solana as the leading digital assets deserving institutional exposure. That, in Morgan’s view, is anything but a bearish signal.
I will continue panic buying XRP in the face of this terrible XRP ETF demand.
I mean just imagine it – an applicant for an ETF agrees with the market that XRP, Ethereum, bitcoin and Solana are the top four cryptos for a reason (ignoring stable coins and exchange coins).
Every… https://t.co/avIlNnK7VB
— bill morgan (@Belisarius2020) October 7, 2025
ETF Developments Reflect Growing Institutional Recognition
Although an official XRP Spot ETF has not yet been approved by the U.S. Securities and Exchange Commission (SEC), recent ETF filings show that issuers recognize XRP as part of the crypto industry’s core assets. The inclusion of XRP in comparative analyses and draft applications is a nod to its maturity, liquidity, and potential utility in institutional‑grade portfolios.
While critics cite “weak demand” for an XRP ETF compared to Bitcoin or Ethereum, ETF experts argue that this interpretation overlooks the underlying reality: XRP’s demand base is still largely global, with heavy activity outside U.S. jurisdictions.
Moreover, ETF flows alone don’t capture the broader fundamentals driving the token’s adoption — particularly its use in Ripple’s cross‑border settlement solutions and increasing traction among financial institutions worldwide.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
A Legal Perspective on Long-Term Value
From Morgan’s standpoint, the legal and structural progress surrounding XRP outweighs short‑term market pessimism. Following the 2023 court ruling that declared XRP not a security when sold on secondary markets, Ripple’s token has steadily regained credibility within the institutional sphere.
Morgan views this as a foundation for future growth, especially as the broader financial world integrates blockchain‑based settlement systems.
Turning Panic Into Opportunity
While some traders are deterred by sluggish ETF momentum, Morgan interprets it as an opportunity. His “panic buying” remark underscores a simple yet powerful contrarian principle — when others hesitate, those who understand the fundamentals accumulate.
As the market continues to oscillate between optimism and doubt, Bill Morgan’s confidence in XRP serves as a reminder that true conviction often thrives in uncertainty. For him, every dip, delay, or dismissive headline is not a red flag — it’s an invitation to double down.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.