The path toward an XRP Exchange-Traded Fund (ETF) is finally taking shape!
Bitwise Asset Management officially filed for an XRP ETF, and the U.S. SEC has acknowledged the filing, kicking off a 90-day review period.
The ETF would hold XRP directly and would list on the Cboe BZX Exchange, if approved.
Grayscale has already launched a U.S. XRP Trust for accredited investors, another strong signal of growing institutional interest.
BlackRock has been rumored to explore XRP ETF opportunities but hasn’t officially filed yet.
Adding more fuel to the momentum:
A U.S. district court previously ruled that XRP is not a security, clearing major regulatory hurdles.
XRP’s price has reacted positively, showing strong market optimism.
While approval isn’t guaranteed, this marks a huge step toward mainstream adoption for XRP. Stay tuned — the next few months could be historic for the XRP community!