#XRPETF XRP ETFs allow investors to gain exposure to XRP's price movements without directly buying or managing the cryptocurrency. Several firms, including Bitwise, Canary Capital, 21Shares and WisdomTree, have filed for XRP ETF approvals with the US SEC. These funds would track XRP's price, offering a regulated and traditional investment vehicle. The approval process faces regulatory uncertainty due to Ripple's ongoing legal battle with the SEC. If approved, XRP ETFs could broaden institutional and retail participation, potentially driving up demand and increasing market stability. Multiple filings are pending, but BlackRock has yet to join the race.¹ ²
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