#XRPETFIncoming?

Purpose Investments Files Preliminary Prospectus for the World's First Ripple (XRP) ETF Back to video. The Purpose Ripple ETF seeks to invest substantially all of its assets in long-term holdings of Ripple (“XRP”) and to provide holders of ETF Units with the opportunity for long-term capital appreciation. XRP is listed on Binance for trade and purchase. The live price of XRP is updated and available in real time on Binance. 21Shares Ripple XRP ETP (AXRP. SW) Stock Price, News, Quote & History.

Unlike most cryptocurrencies, which are decentralised and therefore not run by a single entity, the cryptocurrency XRP is controlled by a company called Ripple. Ripple positions itself as an updated version to the SWIFT system and is already being used by banks and other financial institutions. Grayscale has applied to the U.S. Securities and Exchange Commission (SEC) to change its XRP Trust into an exchange-traded fund (ETF) on NYSE Arca. The asset management giant now joins a host of investment firms, including CoinShares, Wisdom Tree, ProShares, REX Shares, and Bitwise, who have all submitted filings for XRP ETFs.