$XRP The main obstacle to the launch of an XRP ETF is regulatory uncertainty, especially due to the ongoing legal dispute between Ripple and the SEC. The agency's replacement for Gensler is expected to be more friendly to cryptocurrencies, which is consistent with President-elect Trump's public support for digital assets. If XRP is ultimately not considered a security and regulatory clarity increases, it could lead to the development of an XRP-focused ETF or its inclusion in a broader cryptocurrency ETF.