The cryptocurrency market continues to evolve, and recent events indicate a growing interest from institutional investors in XRP. According to the information presented in the image, a significant number of leading financial companies have submitted applications to the U.S. Securities and Exchange Commission (SEC) for the registration of exchange-traded funds (ETFs) tied to XRP.
As of April 8, 2025, among the applicants are well-known names such as Bitwise, Canary Capital, 21Shares, WisdomTree, ProShares, Grayscale, CoinShares, Volatility Shares, Franklin Templeton, and Hashdex. The total assets under management (AUM) of these companies is impressive, reaching trillions of dollars, highlighting the seriousness of their intentions to include XRP in their investment products.
Among the applications, one can see both classic spot XRP ETFs, such as Bitwise XRP ETF ($5 billion AUM), Canary Capital XRP ETF ($200 million AUM), 21Shares Core XRP Trust ETF ($7 billion AUM), WisdomTree XRP ETF ($113 billion AUM), Grayscale XRP ETF ($40 billion AUM), CoinShares XRP ETF ($5 billion AUM), and Franklin Templeton XRP ETF ($1.5 trillion AUM), as well as more complex instruments from ProShares ($70 billion AUM) and Volatility Shares ($5 billion AUM), which include short and leveraged options.$XRP
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