#XRPETFs
The XRP Exchange-Traded Fund (ETF) is a financial product designed to track the price of XRP, the cryptocurrency associated with Ripple Labs. Similar to Bitcoin and Ethereum ETFs, the XRP ETF allows investors to gain exposure to XRP price movements without the need to buy, store, and manage it directly.
The launch of the XRP ETF may broaden investors' access to XRP, as it can be bought and sold on traditional exchanges through existing brokerage accounts. This possibility may attract institutional and individual investors who are familiar with traditional investment tools but are hesitant about the complexities of cryptocurrency exchanges and wallets.