#XRPETFs As of April 2025, *XRP ETFs* (Exchange-Traded Funds based on the XRP cryptocurrency) are under serious consideration in the U.S., following major legal and regulatory breakthroughs. Here's a summary of the current state and outlook:
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๐๏ธ *Regulatory Progress*
- In *August 2024*, a U.S. court ruled that *XRP is not a security* in public trading, significantly weakening the SEC's case against Ripple.
- The *SEC dropped its appeal*, which removed a key obstacle for potential ETF approvals.
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๐ *ETF Filings and Industry Moves*
- *Bitwise* and other firms (like *Grayscale*, *Franklin Templeton*, and *21Shares*) have expressed interest or already filed to launch *spot XRP ETFs*.
- Grayscale has *added XRP back* to its Digital Large Cap Fund after removing it during the SEC lawsuit period.
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๐ *Timeline & Expectations*
- Ripple CEO *Brad Garlinghouse* has said an XRP ETF is โ*inevitable*,โ and expects approval *by the end of 2025*.
- The growing demand for diversified crypto ETFs and the approval of *Bitcoin and Ethereum spot ETFs* pave the way for XRP.
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๐ฎ *Whatโs Next*
- XRP ETF approval is contingent on continued regulatory clarity and SEC review.