#XRPETF #XRPETF An ETF (Exchange Traded Fund) of XRP would allow investors to gain exposure to XRP without the need to directly own the cryptocurrency. This is achieved through a fund that tracks the price of XRP and is traded on traditional exchanges, facilitating access for institutional and retail investors.
In October 2024, Bitwise Asset Management submitted an application to the SEC to launch an XRP ETF. The SEC formally acknowledged this application in February 2025, initiating the review process.
This proposed ETF would provide investors with a regulated way to invest in XRP, which could increase the legitimacy and adoption of the cryptocurrency.
📊Potential market impact
Analysts at JPMorgan estimate that XRP ETFs could attract up to 8 billion dollars in their first year of operation.
$XRP