#XRPETFs XRP ETFs are exchange-traded funds designed to track the price of XRP, allowing investors to gain exposure to the cryptocurrency without directly buying or managing it. Several companies have filed for XRP ETF approvals with the US Securities and Exchange Commission (SEC), including ¹ ²:
- *Bitwise Asset Management*: Filed a Form S-1 registration statement for an XRP ETF in October 2024
- *Canary Capital*: Filed an S-1 form for its proposed Canary XRP ETF in October 2024
- *ProShares*: Filed for several XRP ETF products, including the ProShares XRP ETF and three additional XRP investment products
- *21Shares*: Filed for an XRP ETF in late 2024
- *WisdomTree*: Filed for an XRP ETF in late 2024
- *Franklin Templeton*: Filed for an XRP ETF in March 2025
- *Grayscale*: Proposed converting its XRP Trust into an XRP ETF trading on the New York Stock Exchange
- *Volatility Shares*: Filed three XRP ETF products, including the Volatility Shares XRP ETF
The approval of XRP ETFs could lead to increased demand for XRP, greater liquidity, and more stable price discovery, especially with institutional involvement. However, the ongoing legal battle between Ripple and the SEC over XRP's classification as a security presents regulatory uncertainty that may affect ETF approval ².
Some existing XRP-related investment products include ³ ⁴ ⁵:
- *21SHARES XRP ETP*: Listed on exchanges in Switzerland, Netherlands, and Germany, with current prices ranging from $53.78 to $61.52
ProShares is set to launch three XRP Futures ETFs on April 30, 2025, offering investors exposure to XRP price trends without holding the token directly ⁶.
