As traders anticipate the launch of the spot $XRP ETF in the United States, leveraged options such as XXRP are gaining popularity, yet shifting trends are causing concern.
The crypto community's attention has notably turned towards the impending approval of cryptocurrency exchange-traded funds, particularly the spot XRP ETF.
The rising interest in spot Bitcoin and Ethereum ETFs is heightening investor expectations.
Nevertheless, as the excitement surrounding Teuncrium's XXRP ETF diminishes, questions arise regarding the performance of the spot ETFs. Let us explore this further.
Spot XRP ETF Approval Delayed: What Exactly is Spot ETF?
Following the rise in popularity of cryptocurrencies, exchange-traded funds (ETFs) have also attracted significant interest, with firms introducing numerous futures contracts and two spot ETFs, specifically for Bitcoin and Ethereum.
The anticipated launch of a spot $XRP ETF is still pending, as the SEC has postponed its decision on ETF approval for several weeks, pending the complete onboarding of Paul Atkins.
Investing in spot ETFs closely resembles investing in cryptocurrencies, albeit with reduced risk. Unlike cryptocurrency investments, which require a crypto wallet susceptible to theft and hacking, investing in an ETF mitigates these risks since the ETF issuer manages the asset, allowing users to trade more securely.
The distinction between spot and futures ETFs lies in asset ownership; a spot ETF indicates that the firm owns the token, while a futures ETF involves contracts that speculate on the token's future price.
A prime example is XXRP, a recently launched 2x leverage futures XRP ETF by Teucrium.
Spot XRP ETF Launch Odds Rising Amid Demand
Since the introduction of the Ethereum ETF, anticipation for the XRP ETF launch has consistently grown.
According to Polymarket data, excitement surrounding the Ripple ETF launch has reached 79%, peaking at 87% in April.

Excitement is increasing following the introduction of several futures and Brazil's spot Ripple ETF.
While these developments have garnered considerable attention, they have not met performance expectations.
XXRP Futures ETF Sees Decline Amid Changing Trends
The XXRP ETF achieved an Assets Under Management (AUM) of $67 million due to strong performance, surpassing the value of Ripple's price.
At its highest, it was valued at $35.95, but it has since declined to a current price of $32.44 according to NASDAQ statistics.

This decline is associated with shifting trends surrounding the launch of the Ripple ETF. There is an increased demand for the upcoming spot XRP exchange-traded fund.
Additionally, the Ripple token has experienced a price drop, currently valued at $2.17 after a 1.5% decrease, which stands in contrast to expert predictions regarding $XRP prices influenced by exchange-traded funds.
Experts have been looking forward to the spot launch due to the excitement and demand for these futures ETFs.
However, as performance continues to wane, concerns are mounting regarding the potential performance of the actual spot XRP ETF after its launch, particularly in light of the underwhelming performance of Ethereum ETFs compared to Bitcoin, indicating a preference for BTC.
How Spot XRP ETF Could Perform After Launch?
The performance of the Spot XRP ETF, as analyzed by cryptocurrency experts and DeepSeek AI, indicates that these exchange-traded products (both spot and futures) could attract inflows ranging from $1 billion to $2 billion.
This assessment is based on the significant demand for the Ripple token from both institutional and retail investors.
Additionally, the inflows from Bitcoin and Ethereum ETFs have been factored into this analysis.
Notably, JP Morgan has projected that these inflows could reach $8 billion or more, exceeding those of Ethereum.
Should this projection materialize, analysts suggest that the price of XRP could rise to $30.
Furthermore, the approval from the SEC and the positive performance of the Ripple futures ETF are crucial for accurately forecasting the future trajectory of XRP.
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