#XRPETFIncoming? The term “#XRPETFIncoming?” refers to expectations for the possible launch of an exchange-traded fund (ETF) tied to the cryptocurrency XRP. An ETF allows investors to gain exposure to the asset without having to directly own it, which could make XRP more attractive to institutional investors.

Grayscale recently filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale XRP Trust into an XRP spot ETF. The move could provide investors with a more regulated way to invest in XRP. 

In addition, companies such as WisdomTree, Canary Capital, 21Shares, Bitwise, and CoinShares are also considering filing for XRP-linked ETFs. If the SEC approves these applications, it could end Ripple’s years-long legal battle with the regulator and contribute to a significant increase in the value of XRP. 

As of January 31, 2025, XRP is trading at approximately $3.11, with a daily high of $3.15 and a low of $3.06. Investors are closely monitoring developments surrounding the potential approval of an ETF, as this could significantly impact XRP’s market dynamics.