👾 New developments in the ETF of #xrp : institutional momentum and approval prospects.🔥
Interest in an exchange-traded fund (#etf ) of $XRP has grown significantly in 2025, driven by a more favorable regulatory environment in the United States and increased institutional adoption of Ripple's cryptocurrency.
Since the launch of the first leveraged 2x XRP ETF in April 2025, managed by Teucrium Investment Advisors under the ticker XXRP, several firms have submitted applications for spot and futures ETFs. As of March 12, nine companies, including Grayscale, Bitwise, ProShares, Franklin Templeton, 21Shares, WisdomTree, Canary Capital, CoinShares, and Volatility Shares, have applied for XRP ETFs in the U.S., with some focused on replicating the spot price and others on futures with leveraged or inverse strategies. For example, ProShares plans to launch a futures-based ETF on May 14, 2025, while the SEC has postponed decisions on spot ETFs, such as Franklin Templeton's, until June 17, 2025. 🚨🚨
The momentum towards XRP ETFs has been bolstered by the partial resolution of the litigation between Ripple and the SEC, with a preliminary agreement in May 2025 that includes a $125 million fine and the withdrawal of appeals, clarifying that secondary sales of XRP are not securities. This ruling, along with Gary Gensler's departure from the SEC and the possible appointment of Paul Atkins, who is considered more favorable to cryptocurrencies, has raised the odds of approval for a spot ETF to 85-98% according to Polymarket and Bloomberg analysts. Additionally, Ripple's stablecoin RLUSD, launched in 2025, is attracting institutional capital, complementing the utility of XRP in cross-border payments and increasing its appeal to regulated funds.
However, the path to approval is not without risks. The historical volatility of XRP, combined with global economic tensions, such as tariffs imposed by the U.S. on China, etc.⬆️
