#XRPETFs XRP ETFs are exchange-traded funds that track the price of XRP, the cryptocurrency associated with Ripple's payment network. Here are some key updates:

Recent Developments

- *SEC Delays Franklin XRP Fund Review*: The US Securities and Exchange Commission delayed its review of the Franklin XRP Fund by 45 days, impacting short-term XRP-spot ETF market sentiment.

- *ProShares Launches XRP Futures ETFs*: ProShares is launching three futures-based XRP ETFs: Ultra XRP ETF (2x leverage), Short XRP ETF, and Ultra Short XRP ETF (-2x leverage).

Potential Impact

- *Increased Demand and Liquidity*: Approval of an XRP-spot ETF could lead to increased demand and liquidity for XRP, potentially driving up its price.

- *Regulatory Clarity*: The outcome of the SEC vs. Ripple case will significantly influence the approval of XRP ETFs and the broader crypto market ¹ ².

Current Market

- *XRP Price*: XRP is currently trading at $2.24, with a market cap of $136.26 billion.

- *XRP ETF Market*: There are existing XRP ETPs (Exchange-Traded Products) available in some markets, such as the 21Shares XRP ETP, but a US-based XRP-spot ETF has yet to be approved ³ ⁴.

Outlook

- *Odds of Approval*: Polymarket predicts a 78% chance of US XRP-spot ETF approval by December 2025.

- *Key Factors*: XRP's price will depend on factors like regulatory developments, adoption, and broader market trends ¹.