#XRPETF CryptoParaNoobs Chapter 4 - What is the XRP ETF and why is it important?

What is an XRP ETF?

An XRP ETF (Exchange-Traded Fund) would allow investors to gain exposure to XRP without needing to directly own the cryptocurrency. This is achieved through a fund that tracks the price of XRP and is traded on traditional exchanges, facilitating access for institutional and retail investors.

In October 2024, Bitwise Asset Management filed an application with the SEC to launch an XRP ETF. The SEC formally acknowledged this application in February 2025, initiating the review process.