#XRPETF Stock market information for XRP (XRP)

- XRP is a crypto in the CRYPTO market.

- The price is 2.18 USD currently with a change of -0.03 USD (-0.01%) from the previous close.

- The intraday high is 2.22 USD and the intraday low is 2.17 USD.

As of April 2025, the prospect of a U.S.-based XRP exchange-traded fund (ETF) is gaining momentum, buoyed by Ripple's legal victories and increasing institutional interest.

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๐Ÿ“ˆ Ripple's Legal Milestone

In August 2024, a pivotal court ruling determined that XRP is not a security when traded on public exchanges, although penalties for institutional sales were upheld. The U.S. Securities and Exchange Commission (SEC) subsequently dropped its appeal, providing much-needed regulatory clarity for XRP. This development has been hailed as a significant win for Ripple and the broader crypto industry. [1]

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๐Ÿฆ ETF Filings and Industry Movements

Several asset management firms have filed applications with the SEC to launch spot XRP ETFs. Notably, Bitwise has submitted a registration statement, asserting that XRP is not a security and highlighting its decentralized ledger technology. Other firms, including Franklin Templeton, WisdomTree, 21Shares, and ProShares, have also expressed interest in offering XRP-based investment products. [2][3]