$XRP XRP ETF is an exchange-traded fund that tracks the price of Ripple (XRP), allowing investors to participate in XRP investments through traditional securities markets without directly holding the cryptocurrency. Currently, several institutions, including Grayscale, Bitwise, and WisdomTree, have submitted applications to the U.S. SEC, with market predictions of a 65%-86% approval probability by 2025. If approved, the XRP ETF could attract billions of dollars in institutional funds, driving up the price of XRP and enhancing market liquidity. Brazil has taken the lead by launching the world's first spot XRP ETF (XRPH11), while the listing of the U.S. 2x leveraged XRP ETF (XXRP) has also boosted market confidence.