The launch of Amplify's XRPM ETF has stirred controversy within the XRP community, with critics arguing it lacks direct impact on XRP's price. Commentator Pumpius contends that since the ETF does not hold XRP, it fails to exert buying pressure or absorb supply, thus not aiding price momentum. Conversely, analyst VanQish suggests that the real influence on XRP's price will come from future spot-backed ETFs, which will necessitate physical XRP purchases, thereby reducing supply. This debate underscores a broader division over the effectiveness of volatility-based financial products in the cryptocurrency market.