#XRPETF

So far, the U.S. Securities and Exchange Commission (SEC) has not approved the launch of an exchange-traded fund (ETF) specifically for XRP, despite increasing institutional interest and companies like Bitwise submitting official applications in 2024. There are still regulatory and legal challenges hindering approval, especially with the ongoing debate about the legal status of XRP and whether it is considered a security. The market is awaiting the final decision from the commission, as the approval of an ETF for XRP is expected to increase liquidity and investment appeal, but regulatory uncertainty and competition from other cryptocurrency products continue to pose obstacles to the launch.