#XRPETFs

July 2023, a U.S. federal court ruled that XRP is not a security when sold to the public, but it can be considered a security when sold to institutional investors — leading to a complicated regulatory environment.

Ripple executives (like Brad Garlinghouse) have mentioned interest in pushing for broader XRP investment products, possibly including ETFs, but nothing official has launched.

Canada and a few other countries have crypto ETFs (including Bitcoin and Ethereum) but not XRP yet.