#XRPETF XRP ETFs are exchange-traded funds designed to track the price of XRP, allowing investors to gain exposure to the cryptocurrency through traditional brokerage accounts. Several major asset managers have filed for XRP ETFs, including ¹ ²:

- *Bitwise*: Filed the first XRP ETF application in October 2024, focusing on direct exposure to XRP with Coinbase Custody as custodian.

- *Canary Capital*: Filed for multiple crypto ETFs, including XRP, confident in the new regulatory environment favoring XRP-based products.

- *21Shares*: Offers the 21Shares XRP ETP (AXRP) in European markets, 100% physically backed by XRP and trading on exchanges like SIX Swiss Exchange.

- *WisdomTree*: Filed for an XRP ETF in Delaware on November 25, 2024, using a cash-create model for share creation and redemption.

- *Franklin Templeton*: Filed for a spot XRP ETF in March 2025, designed to track XRP's price with holdings stored at Coinbase Custody Trust.

- *Grayscale*: Proposed converting its XRP Trust into an ETF trading on the New York Stock Exchange.

- *Volatility Shares*: Filed for three XRP ETF products, including the Volatility Shares XRP ETF.

The approval of XRP ETFs could lead to increased demand, liquidity and stable price discovery for XRP. However, regulatory uncertainty surrounding XRP's classification as a security or commodity remains a key hurdle ³.