VanEck CEO Reveals Which Altcoin Is “The Wall Street Token”, It’s Not XRP

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August 29, 2025 · 6:00 PM

VanEck CEO Reveals Which Altcoin Is “The Wall Street Token”, It’s Not XRP

In a recent Fox Business interview, VanEck CEO Jan van Eck declared Ethereum as the leading cryptocurrency choice for Wall Street investors, surpassing XRP. He highlighted Ethereum's smart contracts and staking features as key reasons for its growing adoption among banks and financial institutions, which are increasingly using it for stablecoin payments and decentralized finance projects. Van Eck noted that over 19 public companies hold 2.7 million ETH, and investment advisers have significant exposure to Ether ETFs.

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