Billionaire crypto investor Mike Novogratz has been accused of intentionally avoiding discussions about XRP, according to Wall Street analyst Linda Jones. This allegation arose after Novogratz participated in an interview where he was asked about the likelihood of XRP or Solana being listed in a spot ETF. In response, Novogratz praised Solana, highlighting its significant growth and rise in popularity since 2023. Novogratz believes that Solana is the logical choice for an ETF listing based on its current status. However, the XRP community noticed Novogratz’s omission of any argument in favor of XRP securing an ETF listing. A prominent member of the XRP community, known as “Digital Asset Investor,” interpreted Novogratz’s comments as an acknowledgement that Solana’s value increase was solely due to FTX’s involvement. Additionally, Novogratz has been accused of deliberately avoiding any mention of XRP. Linda Jones echoed this sentiment, suggesting that Novogratz intentionally avoids discussing XRP. However, it should be noted that Novogratz has previously discussed and praised XRP in a podcast with Raoul Pal, where he recognized the legitimacy of the XRP movement and praised the XRP community’s dedication to the project. While Novogratz’s belief that Solana is likely to secure an ETF listing is shared by other experts, including Bloomberg Intelligence’s ETF analyst James Seyffart, it is important for readers to conduct their own research before making any investment decisions. This article should not be considered financial advice.
