#XRPETF XRP ETFs allow investors to gain exposure to XRP's price movements without directly buying, storing, or managing the cryptocurrency. Several companies have filed for XRP ETFs with the US Securities and Exchange Commission (SEC), including ¹ ²:

- *Bitwise Asset Management*: Filed the first XRP ETF application in October 2024, partnering with Coinbase Custody as the custodian.

- *Canary Capital*: Filed for multiple crypto ETFs, including XRP, confident that the new regulatory environment will favor 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 an XRP ETF in March 2025, designed to track the performance of the XRP price with XRP holdings stored at Coinbase Custody Trust.

The potential approval of XRP ETFs could ²:

- *Increase Institutional Investment*: Provide a regulated, traditional investment vehicle for XRP, attracting institutional investors.

- *Improve Liquidity*: Enhance market liquidity and reduce price volatility.

- *Boost Investor Confidence*: Provide a familiar and accessible way for retail investors to invest in XRP.

However, the approval process faces challenges due to the ongoing legal battle between Ripple and the SEC over XRP's classification as a security. If approved, XRP ETFs could significantly impact the cryptocurrency market, driving broader adoption and increasing investor interest ².