#XRPETF

The "XRP ETF" fund is a security traded on the stock exchange representing shares in XRP without directly owning it. It aims to:

• Facilitate access for traditional investors through brokerage accounts.

• Increase liquidity by trading its units during stock market hours.

• Reduce risks related to holding digital keys and technical complexities.

The main obstacle: the stance of the U.S. Securities and Exchange Commission on classifying XRP as a security, as its approval is necessary to launch the fund. If approved, this would open the door for new digital funds; if rejected, the entities involved may turn to European or Asian markets first.