A XRP ETF (Exchange-Traded Fund) would allow investors to gain exposure to XRP, the cryptocurrency created by Ripple, without directly owning it. Instead of buying and holding XRP, investors could purchase shares of the ETF, which would track the market price of XRP. This provides easier access for traditional investors through stock exchanges, potentially increasing liquidity and adoption. XRP ETFs could also offer regulated and safer ways to invest in cryptocurrency assets. However, at the moment, XRP is facing regulatory scrutiny, particularly from the SEC, delaying the approval of XRP-based ETFs. If approved, XRP ETFs could significantly impact the broader cryptocurrency market.