#XRPETF #XRPETF

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

What is an XRP ETF?

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

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.

This proposed ETF would offer investors a regulated way to invest in XRP, which could increase the legitimacy and adoption of the cryptocurrency.

📊Potential impact on the market

JPMorgan analysts estimate that XRP ETFs could attract up to 8 billion dollars in their first year of operation.

$XRP